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Ocean Transportation

A wreckage of the Dali container ship near the Port of Baltimore

Maryland Awards $73M Contract to Start Rebuilding Collapsed Baltimore Bridge

August 29, 2024
SupplyChainBrain

The M/V Dali crashed in the Key Bridge on March 26, killing six maintenance workers and sending the bridge into Baltimore's main shipping channel in pieces.


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Shipping containers stacked up at the Port of Portland

Port of Portland Delivers Plan to Keep Container Service Running at Crucial Terminal

August 29, 2024
SupplyChainBrain

The port had announced plans in April to shut down container intake at T6 by October, after the terminal experienced $30 million in losses over three years.


Read More
An oil tanker on fire, with smoke billowing into the sky

U.S. Warns Leaking Tanker Poses Growing Red Sea Pollution Risk

August 29, 2024
Bloomberg

The 900-foot Sounion was hauling 150,000 tons of dense Iraqi crude oil when it was disabled by Houthi militants.


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A rec container ship docked at a shipping port, set against a hazy downtown city skyline

Indian Port Workers Agree to Deal on Eve of Planned Strike

August 29, 2024
SupplyChainBrain

The union representing 20,000 workers at India's 12 major shipping hubs had initially planned to go on strike indefinitely on August 28.


Read More
A LARGE WHITE WALMART TRACTOR TRAILER IS DRIVING ON A FREEWAY BEHIND A PICK-UP TRUCK ONE LANE OVER.

Walmart Offers Third-Party Fulfillment

August 28, 2024
SupplyChainBrain

The move means Walmart could redefine the e-commerce logistics landscape, offering an alternative to Amazon's Fulfillment by Amazon service.



Read More
Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side. These container ships are fully loaded with cargo heading west towards the Pacific.

Panama Canal Eases Limits That Caused Global Shipping Bottleneck

August 28, 2024
Bloomberg

The Panama Canal Authority has increased the draft in the waterway to a maximum 50 feet and will allow 36 vessels a day to transit.


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TUG-OF-WAR-OVER-MONEY-PRECIPICE-iStock-z_wei-1309191350-copy.jpg

Are Container Freight Contract Derivatives Finally the Solution to Market Volatility?

August 28, 2024
Helen Atkinson, Managing Editor

Index-linked contracts combined with derivatives could actually create a completely predictable freight rate environment. Perhaps.


Read More
A broken lock on a cargo container

Cargo Thefts in North America Jump 49% in First Half of 2024

August 28, 2024
SupplyChainBrain

Around 45% of cargo thefts were in California, while 36% of that share took place in what Overhaul calls the "Southern California Red Zone."


Read More
A wide view of three large cranes at a shipping port, with a row of orange life preservers along a rail in the foreground

Indian Port Unions, Officials to Meet in Attempt to Avert Strike

August 27, 2024
Bloomberg

India’s 12 largest ports handled 818 million tons of cargo in the year through March, a 4.4% increase over the prior year.


Read More
A LINE OF TANKER SHIPS FAR OFF ON THE SEA'S HORIZON

U.S. Sanctions Seven ‘Dark Fleet’ Ships Linked to Russia LNG

August 26, 2024
Bloomberg

U.S., EU and U.K. authorities have imposed sanctions on dozens of tankers tied to the Russian oil trade since late last year.


Read More
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Ocean Transportation

The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.

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