Ocean Shipping

Doug Davidson

Panama Canal Expansion Re-Routes Logistics for U.S. Businesses

Panama has completed the monumental $5.25-billion overhaul of the Panama Canal, which will have far-reaching implications for any business that employs or is part of an international supply chain. The Panama Canal can now accommodate ships that are one-third larger than before. These megaships carry 45 percent of the world’s cargo and will be able […]

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Jeff Broadhurst

Panama Canal Expansion to Spur East Coast Shipping Boom

After nearly 10 years and $5.4 billion, worldwide shipping is in for a major shakeup. With the nearly triple-the-size expansion of the Panama Canal completed in late June 2016, a vastly increased quantity of goods will be able to easily traverse one of the world’s most important waterways. This change comes amid a slump in […]

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Global Logistics—October 2016

Global Logistics—October 2016

Overcapacity Problems Sink Hanjin Shipping Right in the middle of the peak ocean shipping season leading up to the U.S. holiday rush, South Korean ocean liner Hanjin Shipping filed for bankruptcy protection in one dozen countries in late August and early September 2016. Hanjin is the world’s seventh-largest ocean carrier, and handles nearly 8 percent […]

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Dave Albanese

Stop the Free-Flowing Expenses of Demurrage and Detention

Q: What are the concealed costs of demurrage and detention? A: High demurrage and detention costs are rampant as ports are becoming increasingly congested and disruptive events such as labor disputes are occurring more frequently. Worse still, these fees accrue on a daily basis, so there’s little room for negotiating the final bill. "Hidden" free […]

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Mark Montague

Amid Hanjin Backlog, Shippers Can Turn to Port Strike Strategies

While news of Hanjin Shipping’s bankruptcy dominates today’s headlines, shippers will be feeling the ripple effects for weeks or months to come. Of the nearly 100 ships listed on the company’s latest operating vessel status report, dozens carry the status of “waiting in open sea.” Others are “arrested,” “embargoed,” or “returned to owner.” A scant […]

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Theodore Prince

Houston, We’ve Got a Problem

The Intermodal EXPO, held in Houston, Texas, in September 2016 as part of IANA’s 25th anniversary, includes some particularly unique historical aspects. For example, this is the second year the Intermodal Association of North America (IANA) and National Industrial Transportation League (NITL) will hold separate shows. The divorce was prompted by many issues—primarily low attendance […]

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Rich Thompson

Panama Canal Expansion: Four Keys to Unlocking its Potential

The Panama Canal’s new set of locks offers the opportunity to increase ocean transportation by more than twice the number of containers on one ship, creating a potential sea change in economies of scale. Here’s what shippers need to know. Today’s global macroeconomic and cross-border logistics environment is already incredibly complex, with higher U.S. domestic […]

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