Articles

Ocean Shipping

Collapsing High Container Costs

The global shipping sector has a container problem. To be precise, it has a $30-billion container problem, and that price tag is increasing every year. In addition to their financial costs, empty containers congest deck spaces and crowd ports. And forcing ships to transport millions of empty containers around the world every year creates unnecessary […]

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Panama Canal in the Zone

Panama Canal in the Zone

The Panama Canal closed its 2018 fiscal year with a record 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5-percent increase from the previous year. This surpasses cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017. The transit of liquefied petroleum […]

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Alaska Marine Lines expands Western Alaska service to Arctic ports

Alaska Marine Lines, an Alaska marine transportation company, is expanding its service from Seattle and Anchorage to the Arctic Region in 2019. Bowhead Transport will provide the destination services at the North Slope villages of Point Hope, Point Lay, Wainwright, Utqiagvik (Barrow), and Kaktovik. Alaska Marine Lines will also service Deadhorse with its two annual […]

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Optimizing Ocean Transport

The growth in e-commerce orders and strong economy mean companies are extending their supply chains to reach a global audience. Ocean transportation is a complex mode with unique considerations. To streamline your ocean freight process: 1. start consolidating Minimize less-than-containerload shipments by consolidating multiple products coming from the same area into a single container. Shipping […]

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Leveling the Ocean Shipping Playing Field

Participating beneficial cargo owners (BCOs) can benefit from enhanced purchasing power, service monitoring, and cost transparency as a result of a new partnership between supply chain consulting company Chainalytics and global shipping consultancy Drewry. The companies have joined forces to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group will […]

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SCPA: One for the Record Books

SCPA: One for the Record Books

South Carolina Ports Authority (SCPA) set a new container volume record, handling 2.2 million TEUs during 2017, and posted nine-percent container volume growth. The port’s total container volume in 2017 surpassed the previous record of 2 million TEUs achieved in 2016. In addition, the port moved 182,884 TEUs in December 2017, an increase of 11.2 […]

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Panama Canal Expansion Hits the Big Time

Panama Canal Expansion Hits the Big Time

Two Great Pyramids of Giza, four Big Bens, eight Statues of Liberty. Lay them end to end, and you’ve got the equivalent length of the CMA CGM Theodore Roosevelt, the largest capacity vessel to ever transit the Panama Canal’s expanded locks. At 1,228 feet long, the Neopanamax containership has a total capacity of 14,414 TEUs. […]

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Water Works

Unmanned surface and underwater vessels will dominate maritime activity in the United Kingdom and across Europe over the next decade, according to a new report on the future of autonomous maritime systems. Networks of autonomous surface and underwater vessels are set to radically change the nature of maritime operations, according to the follow-up to Global […]

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Supply Chain Commentary: The Future of Blockchain in Ocean Shipping

The potential for blockchain goes hand in hand with digitization. Blockchain will require digitization and can also help drive it with the goal of minimizing the manual processes that many shipping industry participants still use today. Blockchain’s added value to digitization is authentication, non-repudiation, immutability of data, improved business process support through smart contracts, and […]

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Could Self-Driving Ships Become Reality by 2020?

Could Self-Driving Ships Become Reality by 2020?

"This is happening. It’s not if, it’s when. The technologies needed to make remote and autonomous ships a reality exist." So said Oskar Levander, vice president of innovation for Rolls Royce, at Amsterdam’s Autonomous Ship Technology Symposium in 2016. He wasn’t wrong about the technology, considering the United States and China already have unmanned naval […]

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No-show Fine Could Cause Nightmares for Freight Forwarders

The recent implementation of no-shows fine by shipping liners could potentially cause ‘nightmares’ for freight forwarders, says online freight forwarding company iContainers. In recent months, shipping liners including Maersk, CMA CGM, and Hapag-Lloyd have begun implementing no-shows fines on shipments that fail to show up on vessels. iContainers warns that such a fee, while the […]

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Safety and Shipping Report: Cyber Security, Regulation, and Cost Cutting Impacts Global Shipping

Large shipping losses have declined by 50% over the past decade, mostly driven by the development of a more robust safety environment by ship owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017. There were 85 total shipping losses reported in 2016, down 16% compared with a […]

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Port Everglades to Purchase Three Super Post-Panamax Container Gantry Cranes

Port Everglades is purchasing three low-profile Super Post Panamax container-handling gantry cranes at $13.8 million each to meet demands from current customers and new services anticipated from the port’s multi-million-dollar expansion program. The Broward County Board of County Commissioners approved the $41.4 million crane purchase, with an option for the seaport to purchase an additional three […]

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Georgia Ports Authority Breaks Container Volume Record

Larger vessels and additional container services calling Georgia’s ports coupled with a positive economic forecast ushered in an all-time record month for container volume. The Georgia Ports Authority handled 350,104 twenty-foot equivalent units (TEUs) in May, 11.68 % more TEUs compared to the same month a year ago, or 35,619 additional TEUs.   "It’s evident […]

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