ocean shipping

CMA CGM Becomes Latest Western Shipping Company to Strike Deal With Iranian Ocean Cargo Line

February 2, 2016

French firm CMA CGM, the world's third-largest container shipping operator, signed a significant cooperation agreement Thursday with Islamic Republic of Iran Shipping Lines (IRISL).

CargoSmart Adds Features to Big Schedules Search Engine

January 27, 2016

CargoSmart Limited

CargoSmart Limited, a provider of global shipment-management software, has added features to Big Schedules, its sailing-schedule search engine.

CMA CGM Agrees to Acquire NOL in All-Cash Offer

December 10, 2015

CMA CGM

CMA CGM has made an all-cash offer to acquire Singapore's Neptune Orient Lines (NOL).

WWL Boosts Frequency, Capacity in Trans-Atlantic Service

December 9, 2015

Wallenius Wilhelmsen Logistics

Wallenius Wilhelmsen Logistics (WWL), a provider of roll-on/roll-off shipping and related logistics services, is increasing frequency and capacity in its service from Europe to the U.S. West Coast.

Inttra Unveils Dashboards to Measure Shipment Reliability, Booking Speed

August 28, 2015

Inttra

Inttra, an ocean-shipping electronic marketplace, has introduced Inttra Marketplace Decision Support.

L.A., Long Beach Struggle Against Ports That Can Handle Bigger Ships

June 10, 2015

Los Angeles Times

The ports of Los Angeles and Long Beach handled 39 percent of U.S. container imports in 2002, but that figure fell to 32 percent by 2013, according to U.S. census data. They have lost business to competitors at a time when, overall, global trade is booming and imports are rising at all ports, including L.A. and Long Beach. And the ports are losing out to others that can handle larger vessels.

With Heightened Production, New Terminals Coming Online, U.S. to Become One of the Largest LNG Exporters

April 30, 2015

Maritime Executive

The United States is on track to saturate the global energy market with liquefied natural gas (LNG) exports by as early as this year, putting itself on course to become one of the world's largest LNG suppliers.

Rates on Major East-West Ocean Cargo Lanes on Rise for First Time in Years

April 2, 2015

Drewry

Ocean freight rates for cargoes moving under contracts on major East-West routes have increased for the first time in years, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers seeking to more closely monitor their international freight costs.

Decline in Oil Prices Aids Dry Cargo Growth, But Harms Project Cargo Shipping

March 27, 2015

Drewry

Global dry cargo demand growth, forecast at 5 percent per annum from 2016 to 2019, should be offset by falling project cargo volumes over the next 12 to 18 months, according to the latest edition of the Multipurpose Shipping Market Review and Forecaster, published by Drewry Maritime Research.

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

February 23, 2015

Drewry

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.