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Ocean Shipping

By Jeff Berman · January 17, 2019
The Ocean Alliance, a collective ocean carrier concern comprised of COSCO Shipping, CMA CGM, Evergreen Marine, and Orient Overseas Container Line Limited (OOCL) introduced a new offering this week, entitled the Ocean Alliance Day 3 Product.
By Jeff Berman · January 8, 2019
The push to beat pending tariffs on goods imported from China, which has been a major theme in global shipping for the last several months, showed signs of slowing in the most recent edition of the Port Tracker report.
By Patrick Burnson · January 4, 2019
Carrier pricing for air cargo shipments is also expected to remain on a steep trajectory, while ocean rates may finally reach a sustainable level
By Patrick Burnson · October 22, 2018
Combination of E2open and INTTRA forms the Global Logistics and Supply Chain Network with Access to World-Wide Ocean Container Capacity and information
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.

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EDITORS' PICKS
Supply Chain Management Issues Confronting Us This Year
A variety of fresh challenges will surface for global traders in January and beyond
Global Supply Chain Pricing May Face New Pressures in 2019
The global economy started 2018 with strong, synchronized growth, but the momentum faded as the year...

IHS Markit’s New Economic “Predictions” for 2019 and Impact on Global Supply Chains
The U.S. will remain “above trend,” while other key economies will experience further...
Global Kuehne + Nagel Indicators Signal Global Supply Chain Resilience
So far this year, international merchandise trade has risen by 10.6%. Emerging markets and North...