Ocean cargo - Articles - Page 10

Recovery in Offing for Dry Bulk Market in Atlantic Trades

June 30, 2015

Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days, according to the latest special report released by Platts.

Supply Chain, Logistics World Found 2014 Best Year Since the Great Recession, Report Says

June 29, 2015

CSCMP, Penske Logistics

In 2014, the supply chain industry experienced its best year since the Great Recession, according to the State of the Logistics Report issued annually by the Council of Supply Chain Management Professionals and sponsored by Penske Logistics.

Ocean Cargo Industry Expected to Need Another 42,500 Officers Over Next Five Years

June 26, 2015

Drewry

Shipping will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleet, equivalent to 7 percent growth over the five-year period. But the persistent shortage of officer crew is receding, according to the latest Manning report published by global shipping consultancy Drewry.

Study of Environmental Impact of Nicaragua's Proposed Cross-country Canal Criticized as Inadequate

June 24, 2015

Maritime Executive

Nicaragua's mega canal could become a mega mistake, according to a warning issued by an international panel.

Could Panama Canal Expansion Shift 10 Percent of Asian Container Volume From West Coast to East Coast?

June 23, 2015

BCG, C.H. Robinson

Following the Panama Canal expansion in 2016, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East Coast ports by 2020, according to research conducted by the Boston Consulting Group and C.H. Robinson. Rerouting that volume is equivalent to building a port roughly double the size of the ports in Savannah and Charleston.

On-time Performance of Ocean Carriers Continues to Improve, Especially in Main East-West Lanes

June 19, 2015

Drewry

Liner schedule reliability improved for the fourth consecutive month in May as the aggregate on-time performance for the three core East-West trades jumped by 4.0 percentage points to reach a new data-series high of 71.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Tanker Operators Tie Their Prosperity to Decreased Shale Oil Production, Boost in Oil Imports

June 4, 2015

Drewry

How much U.S. shale oil production is taken out of service will be a key driver of future tanker shipping earnings, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.

SeaLand Expands Service Network with North Atlantic Express Service

May 28, 2015

SeaLand

SeaLand, the intra-Americas regional ocean carrier of the Maersk Group, has added the North Atlantic Express (NAE) service to its North-South network.

Container Rates Continue to Experience Volatility, Especially on Shanghai Routes

May 28, 2015

Drewry

The volatility of global spot freight rates since the start of 2015 has continued to increase in comparison to 2014, according to rate assessments on 11 routes gathered by the World Container Index (WCI). Price turbulence on the globally important Asia-to-Europe routes has been particularly high in 2015 with monthly volatility increasing 43 percent on average in comparison to 2014.

Cheap Natural Gas Powers Chemical Exports from Houston, New Orleans

May 21, 2015

Maritime Executive

Just as southern California is the nation's top magnet for containerized cargo, so is the Gulf Coast the most attractive hub for movements of petrochemicals. Led by Houston and New Orleans, petrochemical activity is thriving due in no small part to growth in refining activity and an abundance of cheap natural gas.