Logistics management: ocean transportation - Articles - Page 12

Four-Year Low in Container Shipping Rates Hits Intra-Asian Trades

February 23, 2015

Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to the Container Freight Rate Insight which is updated weekly and published by global shipping consultancy Drewry.

Dry Bulk Shipping Rates Expected to Bounce Back This Year

February 20, 2015

Drewry

Strong trade growth, moderating fleet development and deployment of new fuel-efficient vessels are expected to lead to a recovery in dry bulk shipping rates later in 2015, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.

Kintetsu World Express Looks to Gobble Up APL Logistics

February 20, 2015

Maritime Executive

Japanese freight carrier Kintetsu World Express Inc. is buying Singapore's APL Logistics for $1.2bn, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth.

On-time Reliability of Ocean Cargo Liners Sank to Record Depth in January, Report Says

February 19, 2015

Drewry

Liner service reliability fell to a record low in January as the effects of U.S. West Coast congestion and the phasing-in of new alliance services took their toll, according to the Carrier Performance Insight, published online every month by global shipping consultancy Drewry.

Ship Owners Get Guide on Heavy-lift, Project Cargo Safety

February 13, 2015

BIFA

The UK P&I Club has joined forces with leading marine cargo insurer Allianz Global Corporate & Specialty to publish practical guidance for ship owners and operators on how to carry heavy-lift and project cargo safely at sea.

Bankruptcy Looms as Bulk Carriers' Earnings Take Hit

February 13, 2015

Maritime Executive

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slid to an all-time low on Monday as sluggish cargo demand - especially from China - battered sentiment.

Cap on Sulfur in Ocean Shipping Fuel May Be Instituted Five Years Ahead of 2025 Deadline

February 11, 2015

Maritime Executive

The International Chamber of Shipping says that the shipping and bunker refining industries should recognize that the global 0.5-percent sulfur-in-fuel cap, currently set to go into effect in 2025, may be implemented worldwide by 2020.

Oil Tanker Shipping 'Bonanza' Threatened by Increased Vessel Orders, Report Says

February 11, 2015

Drewry

A steep rise in vessel orders risks bringing the recent bonanza in oil tanker shipping to an abrupt end, according to the latest edition of the Tanker Forecaster, published by shipping consultancy Drewry.

Growth Rates of Past 30 Years Said Not Likely to Continue at European Container Ports

February 10, 2015

Maritime Executive

European container ports are unlikely to be able to maintain the strong growth rates of the past three decades, Fitch Ratings says.

Grimaldi Group Launches Direct Service Between Rome, North America

February 4, 2015

The Grimaldi Group

The Grimaldi Group is launching a new direct maritime service between Civitavecchia, 50 kilometers north of Rome, and the North American ports of Baltimore, Md., and Halifax, Nova Scotia.