Articles

Ocean Shipping

Bernhard Simon

Can the New Silk Road Compete with the Maritime Silk Road?

The more I hear and read about the New Silk Road, the more grand the expectations. Politically, the trade corridors between China and Europe, as well as Africa, seem to be China’s key to becoming a leading global power in the 21st century. Logistically, infrastructures and networks are emerging on an entirely new scale, taking a gigantic economic area—representing 60% of the world’s population and 35% of the global economy—to the next level. The New Silk Road could act as a high-speed internet for transporting goods.

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Port of Wilmington’s Darling Clementines

Port of Wilmington’s Darling Clementines

The Port of Wilmington, Delaware, has set a record for the largest single shipment of fresh Moroccan citrus received by the port, with more than 1.75 million boxes of cargo. This record volume was transported from Agadir, Morocco, to Wilmington onboard the specialized refrigerated vessel M.V. Ditlev Reefer, arriving at the port Nov. 28, 2018. […]

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Panama Canal Keeps the Faith

Panama Canal Keeps the Faith

The Panama Canal welcomed its 5,000th Neopanamax vessel through the waterway, reaffirming the value and impact the route has had on global maritime trade. The COSCO Faith container carrier (photo above) transited the canal traveling southbound from the Atlantic to the Pacific Ocean. The vesselhas a 13,345 total TEU allowance and measures 366 meters in […]

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Making a Dry Run

Shipping in containers is an economical and safe way of shipping most types of cargo. But putting cargo into an enclosed steel box also entails a constant risk of moisture damage for almost every kind of cargo on every voyage, according to Absortech. When damage occurs, it may result in substantial losses and costs. In […]

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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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