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Ocean Transportation: Page 117

Global Shipping Turmoil Expected to Calm Down by Mid-Year

Trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, Maersk said — disappointing investors but signaling eventual relief for cargo shippers.

Photo: Bloomberg

Watch: Agriculture Exporters Have a Beef With Ocean Carriers

Peter Friedmann, executive director of the Agriculture Transportation Coalition, describes the “transportation crisis” that exporters are facing today, as they struggle to secure containers for their shipments to Asia.

Agriculture Exporters Have a Beef With Ocean Carriers

Turmoil in the Transpacific Container Trades: Is There Relief for Shippers?

These are tumultuous times for the ocean container trades between Asia and the U.S. Freight rates are persistently high, port congestion is slowing the movement of goods, and shippers are complaining about cancelled sailings and a shortage of equipment.

Photo: Bloomberg

Smart Ports and Connected Containers: How IoT Tech Is Transforming Shipping

On-board, berthed and on the marina, connected technologies are driving widespread digitalization.

Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping

Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs.

Photo: Bloomberg

Rogue Captain’s Mid-Ocean Detour Tips Investors to Crisis at Sea

In one of the most hidden horrors of the pandemic, cargo ships turned almost overnight from engines of global commerce into floating prisons.

Photo: Bloomberg

Shipping Container Crunch Shows Signs of Easing

A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing.

Photo: Bloomberg

Shippers Saw a Need for Bigger Vessels, But They Built Them Too Big

Here's why the cost of shipping goods out of China is soaring right now.

Photo: Bloomberg

Piracy Surge Off West Africa Draws Maersk Call for Action

Pirate attacks have pushed up insurance and other costs for shippers operating off West Africa, with some resorting to hiring escort vessels manned by armed navy personnel.

A crane carries shipping containers owned by AP Moller-Maersk A/S away from a ship. Photo: Bloomberg.

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

Orders fell almost 10% in 2019 and then more than 50% in 2020 to the lowest in at least two decades, IHS Markit data show. If activity doesn’t pick up, that could lead to a dearth of vessels and a spike in freight rates in a few years.

Source: Bloomberg

Crowley has Added More than 350 New Refrigerated Containers to Meet Peak Refrigerated Cargo Season Demands

Crowley Logistics has added 355 new refrigerated cargo containers to its equipment fleet to ensure equipment availability at origin for perishables moving through the cold chain.

Bottlenecks Wear Down World Economy’s Fleet of Container Ships

Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.

1223 Container Ships

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