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Ocean Transportation: Page 148

Hanjin Failure Leaves Thousands of Containers, Chassis Stranded at L.A., Long Beach Ports

The Hanjin bankruptcy has created a shortage of chassis in Southern California at the busiest time of year for many shippers and their truckers.

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Inttra Partners With NaviTrans for Ocean Shipping Management

Inttra, provider of an electronic marketplace for ocean shipping, has entered into a partnership with NaviTrans.

Qualified Ocean Carriers Can Now Pre-Clear Customs Day in Advance of Arrival in Port

The U.S. Customs and Border Protection has expanded its fast clearance plan for ocean freight, the Advanced Qualified Unloading Approval (AQUA Lane) program, which started with a pilot test in four ports late last year.

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Ocean Transportation Remains 'Too Manual, Inefficient and Opaque'

While sensor-laden containers, smart ships and 3D printing have grabbed the headlines, the start-ups making the biggest inroads are those working on something more basic - streamlining the interaction between shippers, freight forwarders and those actually transporting the goods.

Confidence in Ocean Transportation Industry Begins to Resurface

A weak trend of improvement in the Stifel Logistics Confidence Index is evident, though the Index is still short of the neutral 50 point mark.

Hanjin Collapse Spotlights Concerns About Shipping Temperature-Sensitive Perishables

Recent events, such as the Hanjin collapse, have shone a spotlight on the deeply interconnected nature of today's container shipping networks and demonstrated how little visibility many shippers have into the whereabouts and status of their cargo as it moves through a complex web of service providers.

Actively Operating Shipyards Decline Greatly Around the World

The Korea Offshore and Shipbuilding Association has released numbers confirming the expectations of many analysts: the number of actively operating shipyards around the world has fallen by more than 40 percent from what it was seven years ago.

Judge Orders Hanjin to Sell Ships, Return Chartered Vessels

Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday.

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Retail Group Wants U.S. Government to Help Solve Problems in Wake of Hanjin Bankruptcy

The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in.

Freightos Acquires Air-Cargo Rate Manager WebCargoNet

Freightos, an online freight marketplace, has acquired WebCargoNet, an air-cargo rate-management provider.

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Global Marine Underwriting Premiums Down 10.5 Percent Last Year

Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.

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Hanjin Woes: Cargo Transportation Prices & the Interrupted Supply Chain

The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement Research Analyst.

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