Ocean Transportation >>


Confidence in Ocean Transportation Industry Begins to Resurface

A weak trend of improvement in the Stifel Logistics Confidence Index is evident, though the Index is still short of the neutral 50 point mark. »


Hanjin Collapse Spotlights Concerns About Shipping Temperature-Sensitive Perishables

Recent events, such as the Hanjin collapse, have shone a spotlight on the deeply interconnected nature of today's container shipping networks and demonstrated how little visibility many shippers have into the whereabouts and status of their cargo as it moves through a complex web of service... »


Actively Operating Shipyards Decline Greatly Around the World

The Korea Offshore and Shipbuilding Association has released numbers confirming the expectations of many analysts: the number of actively operating shipyards around the world has fallen by more than 40 percent from what it was seven years ago. »


Retail Group Wants U.S. Government to Help Solve Problems in Wake of Hanjin Bankruptcy

The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in. »


Judge Orders Hanjin to Sell Ships, Return Chartered Vessels

Judge Orders Hanjin to Sell Ships, Return Chartered Vessels

Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday. »


Freightos Acquires Air-Cargo Rate Manager WebCargoNet

Freightos Acquires Air-Cargo Rate Manager WebCargoNet

Freightos, an online freight marketplace, has acquired WebCargoNet, an air-cargo rate-management provider. »


Global Marine Underwriting Premiums Down 10.5 Percent Last Year

Global Marine Underwriting Premiums Down 10.5 Percent Last Year

Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance. »


The Painful Lessons of the Hanjin Bankruptcy

The Painful Lessons of the Hanjin Bankruptcy

Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better. »


Hanjin Woes: Cargo Transportation Prices & the Interrupted Supply Chain

The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement... »


'Fully Autonomous' Ocean Vessels Will Still Rely on Humans, Study Finds

Research in the design and development of fully autonomous and unmanned merchant vessels could reduce human error and provide financial savings through crew salaries and the omission of crew accommodation. However, these vessels, monitored from land, will require high-quality and reliable... »


Ocean Movement of Perishables Likely to Continue to Be Growing Market

Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in 2015 -- and is forecast to grow further still in 2016. By 2020, seaborne reefer cargo will reach a staggering 120 million tonnes, increasing by an average of 2.5 percent per annum,... »


Hanjin Bankruptcy Not Expected to Greatly Impede Retail Imports

Hanjin Bankruptcy Not Expected to Greatly Impede Retail Imports

Import cargo volume at the nation's major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. »


Allianz Group Unit Launches Inland Marine Insurance Product

Allianz Group Unit Launches Inland Marine Insurance Product

Allianz Global Corporate & Specialty (AGCS), the specialist corporate insurer of Allianz Group, has launched Transportation Block 2020, a comprehensive inland marine cargo insurance product. »


Ocean Container Rate Increases on East-West Trades 'Disguise' Industry's 'Fundamental Weakness'

The recent increase in container freight rates on major east-west trades is no more than a flimsy disguise for the "fundamental weakness" of the ocean shipping industry, according to ocean freight rate benchmarking and market intelligence provider Xeneta. »


Support Grows to Include Ocean Shipping Emissions in EU CO2-Control Initiative

Support Grows to Include Ocean Shipping Emissions in EU CO2-Control Initiative

A proposal to include emissions from shipping in the European Union's 2030 emissions reduction target through the E.U. emissions trading system (ETS) has gained cross-party support among members of the E.U. parliament. »


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