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Ocean Shipping

By LM Staff · October 15, 2018
POLA reported that total volume for the month, at 801,264 TEU (twenty-foot equivalents) saw a 4.9% annual gain, marking the best September volume output for in its 111 years of operation. POLB handled 701,204 TEU in September, which was essentially flat on an annual basis, with a 0.1% decline.
By Patrick Burnson · October 9, 2018
The ongoing expansion of tariffed goods by the Trump Administration is putting the container shipping industry in its “crossfire,” says one prominent international supply chain and logistics expert.
By Patrick Burnson · October 9, 2018
As rates for container and handy-size bulk carriers have escalated, these operators have been discouraged from competing for breakbulk cargo. This is good news for breakbulk shippers and the network of domestic ports reliant on their business.
By Peter Moore · October 3, 2018
Peter Moore on Ocean Carrier breakbulk upgrades
By Patrick Burnson · September 26, 2018
The European Shippers’ Council “disapproves” of the mechanism of surcharges that carriers launch to cover the higher rate of lower sulphur fuel. Instead, its’ calling for a dialogue with carriers to find the best mechanism to share the costs.
By Jeff Berman · September 18, 2018
August shipments, at 1,084,726, were down 1.4% compared to July’s 1,096,835 and were up 1.4% annually. All months in 2018 have seen growth, with the exception of a 0.2% decline in March, which was the first one going back to a 7.7% annual drop-off in February 2017. On a year-to-date basis through August, shipments are up 5.2% annually at 8,065,607.
By Patrick Burnson · September 13, 2018
Signs of a turnaround in the prospects of global container shipping companies began surfacing last July when rates began creeping up through the Peak Season. Overcapacity, however, continues to haunt the industry and may keep it from a sustainable recovery.
By Jeff Berman · August 15, 2018
July shipments, at 1,096,835, topped June’s 1,025,643 and were up 6% annually for a new monthly record, according to Panjiva, topping August 2017’s 1,069,292. All months in 2018 have seen growth, with the exception of a 0.2% decline in March, which was the first one going back to a 7.7% annual drop-off in February 2017. On a year-to-date basis through July, shipments are up 6% annually at 6,975,786.
By Jeff Berman · July 10, 2018
A Reuters report published this week indicated there may be further consolidation on the high seas, with Marseilles, France-based CMA CGM, the third largest global ocean cargo carrier, having made an “exploratory approach” regarding potentially merging with Hamburg, Germany-based Hapag-Lloyd. The Reuters report, which cited three finance sources, said that this pairing would be in the form of a non-cash merger.
By Jeff Berman · June 4, 2018
The report indicated that total container volumes across the six ports increased by 12.1%, or 414,000 TEU (Twenty-Foot Equivalent Units) from February to March, the most recent month for which data is available, for a total of 3.84 million TEU, which it said would translate into a 4.6% annual increase. Ports traffic Northern Europe, Port of Rotterdam
By LM Staff · May 15, 2018
POLA handled 703,536 TEU (Twenty-Foot Equivalent Units) in April, which was down 1.3% annually compared to the 714,755 TEU recorded in April 2017, and POLB POLB April volumes were up 10.8% annually at 618,438 TEU. Imports saw an 8.4% annual gain to 312,376 TEU, and exports increased 22% to 141,799 TEU.
By Jeff Berman · April 25, 2018
CMA GGM said that the objective of this deal is to “grow its presence in the logistics sector, which is closely related to shipping.” And it added that the closing of this deal is subject to the completion of CEVA’s planned IPO on the SIX Swiss Exchange, which was announced on April 20, in addition to approval from regulatory authorities.
By Jeff Berman · April 13, 2018
Looking at the many facets that comprise the container shipping sector, it is fair to say that it is replete with many familiar themes, like overcapacity and rate pressures, as well as potential opportunities for future growth and stabilization. Those are a few of many takeaways in a report issued this week by global business advisor firm AlixPartners. The report, entitled “2018 global container shipping outlook: Though challenges remain, opportunities exist for carriers,” takes an in-depth approach to various factors prevalent within the sector.
By Jeff Berman · April 12, 2018
March shipments, at 858,809, were down 0.2% annually, marking the first annual decline going back to February 2017’s 7.7% annual decline, with both of these months volumes impacted by the timing of the Asian Lunar New Year, with Panjiva noting that the resulting shortfall in products arriving on U.S. shores in the following weeks. For the first quarter of 2018, Panjiva data indicated that shipments were up 6.9% annually at 2,816,997.
By Jeff Berman · April 6, 2018
A good news/bad news scenario for United States-bound retailer container shipments was laid out in the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates. The good news part is the report’s projected gains in shipment levels in the coming months, and the bad news is the possibility of the ramifications of a trade war between the United States and China heating up and negatively impacting volumes further down the road.

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EDITORS' PICKS
Supply Chain Managers Hoping to See Rebound in Global Ocean Cargo Container Sector
The continued rise in fuel prices and chartering rates had a negative impact on the earnings of the...
APICS Awards of Excellence Salutes Prominent Supply Chain Leaders
APICS CEO Abe Eshkenazi noted that there was a “record-breaking” number of nominations in four...

How Inbound Logistics Networks Can Be a New Source of Savings
A capstone research project sponsored by a major CPG company looks at how different supply network...
Damco’s Supply Chain Services Under Maersk Banner Will Be Tracked Closely by Managers
Industry analysts have greeted the news with mixed forecasts....