Carriers scrap ships ahead of IMO 2020

A predicted wave of scrap has begun among ocean carriers as IMO rules loom and older vessels become more trouble than their worth. 

By Emma Cosgrove • Nov. 29, 2018

CMA CGM pushes logistics strategy forward with closer ties to Ceva

Carriers are looking to diversify their revenue on land and sea as new challenges come into focus. 

By Emma Cosgrove • Nov. 26, 2018

Spot rates from China up 91% over last year

The cost of shipping from East Asia to North America has been rising quickly since June 2018, reversing the trend of cost declines in the previous nine months.

By Edwin Lopez • Nov. 25, 2018

Maersk planning for tariffs to hit hard in 2019

The ocean carrier expects investments to slow down next year as it faces challenges head on.

By Emma Cosgrove • Nov. 16, 2018

New fee structure to start Monday at Southern California ports

Southern California terminals will distribute fees for night gate funding beginning next week.

By Emma Cosgrove • Nov. 15, 2018

Largest ocean carriers confirm formation of industry association

Five carriers are on board to form a nonprofit organization intended to create common data standards and increase efficiency for carriers and shippers. 

By Emma Cosgrove • Nov. 15, 2018

Top ocean carriers reportedly plan global association

The six largest shipping lines are planning to launch a global association with the goal of standardizing practices, ShippingWatch reports.

By Edwin Lopez • Nov. 9, 2018

9 ocean carriers, terminal operators join new blockchain initiative to rival TradeLens

It is abundantly clear that the ocean shipping industry is getting on board with blockchain — but which one? 

By Emma Cosgrove • Nov. 7, 2018

Maersk Line now allows instant booking

The carrier said 15% of its customer service calls were spent responding to follow-up calls about vessel space or equipment availability, an issue it hopes to solve with the new system.

By Edwin Lopez • Nov. 2, 2018

Soybean growers think inside the (shipping) box to reach new markets

Moving away from the traditional bulk carriers could bring U.S. soybean growers new markets and fill Southeast-Asia-bound containers that would otherwise be empty. 

By Gary Wollenhaupt • Nov. 1, 2018

Uber for empty containers could solve repositioning challenges

Relocating empty containers to where they need to be for the next load is a $20 billion inefficiency for supply chains.

By Gary Wollenhaupt • Oct. 30, 2018

Shipping to the West Coast is not so cheap anymore

This year may be the most expensive peak shipping season to date, as China to West Coast rates have surged more than 70% since last year.

By Edwin Lopez • Oct. 29, 2018

IMO pushes low-sulfur rules forward despite calls for delay

Though the proposal to step out implementation had little chance of success, the shipping industry is still reacting with some anxiety as the 2020 deadline becomes official. 

By Emma Cosgrove • Oct. 26, 2018

TMS startup launches free digital freight booking platform

Haven is opening up a tool already available to its customers to help shippers cut down on shipment management time and streamline communications with artificial intelligence. 

By Emma Cosgrove • Oct. 24, 2018

Trump seeks slower rollout of low-sulfur rules

The desired delay is to protect consumers from potential fuel price increases, according to the White House. Supporters of the rules say ocean carriers had plenty of time to adjust.

By Emma Cosgrove • Oct. 22, 2018

Drewry launches low-sulfur surcharge cost calculator

Uncertainty over the exact costs to comply with new ocean shipping emission standards is creating a market where shippers may have to pay twice to comply: once to consultants, and a second time to carriers.

By Edwin Lopez • Oct. 18, 2018

After 'teething problems,' ONE expects to lose $600M in its first year

The sixth-largest ocean carrier said problems adjusting to new IT systems led to a loss of trust with customers that hurt market share and sank profits.

By Edwin Lopez • Oct. 17, 2018

MSC connects 50K containers to IoT, giving shippers real-time data

The carrier joins CMA CGM in providing shippers visibility throughout a container's journey through Traxens technology.

By Gary Wollenhaupt • Oct. 17, 2018

Rolls-Royce teams up with Intel on autonomous ships

Autonomous ocean shipping requires more data management than road transportation, Rolls-Royce said.

By Emma Cosgrove • Oct. 15, 2018

OOCL will introduce bunker surcharge

Shippers must "shoulder this burden" of costs to the ocean shipping industry as it transitions to low sulfur fuel, the carrier said.

By Shefali Kapadia • Oct. 15, 2018

Low-sulfur fuel cost uncertainty weighs on shippers and carriers

A recent survey shows neither shippers nor carriers can accurately forecast the costs to comply with new shipping regulations, leaving budgets up in the air.

By Edwin Lopez • Oct. 9, 2018

UK grant will study autonomous shipping regulations

The government working alongside researchers and industry leaders ensures regulations align with the development of technology. 

By Gary Wollenhaupt • Oct. 9, 2018

Hapag-Lloyd unveils new fuel surcharge mechanism for 2019

The carrier created the Marine Fuel Recovery (MFR) to pass on some of the costs it will incur from new environmental regulations to shippers.

By Edwin Lopez • Oct. 8, 2018

4 charts explain how the shipping industry changed in 2 years

The shipping industry is beginning to look like an oligopoly. Here's how consolidation has changed capacity and market share.

By Jordan Branch , Natalie (Forman) Gilmor , Edwin Lopez • Aug. 1, 2017