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 […]
Read MoreImproving Ocean Shipping: Blockchain Reaction
Waves of hype surround blockchain technology. What are the true implications for the maritime industry?
Read MorePanama 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 […]
Read MoreAlaska 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 […]
Read MoreMaritime Update: Staying Above Water
Oh buoy! Here are five maritime developments that have shippers bobbing and drifting through economic riptides.
Read MoreOptimizing 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 […]
Read MoreLeveling 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 […]
Read MoreSCPA: 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 […]
Read MorePanama 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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