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Ocean Transportation: Page 150

Complying With China's Mandate to Spray Ships for Zika Mosquitoes Stings U.S. Exporters

China's recent move to add the U.S. to a list of Zika-infected countries is worrying U.S. exporters, who fear they will be required to fumigate all containers destined for Chinese ports. The cost to fumigate a container ranges from between $100 and $200.

Hanjin Collapse Sends Shock Waves Globally - and Spot Rates Soaring

Spot container freight rates on the major routes from Asia soared by up to 42 percent following the collapse of Hanjin Shipping, data from the World Container Index reveals.

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Hanjin Shipping Sails Toward Biggest Ocean Line Bankruptcy Ever

Hanjin Shipping has elected to file for court receivership, the first step towards what will be the largest container line bankruptcy in history - six times larger than the collapse of United States Lines three decades ago, the previous record holder.

Reefer, Tank Sectors Only Bright Spots in Global Leases of Container Equipment

Following markedly slow growth of just 3.5 percent in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1 percent in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016, published by global shipping consultancy Drewry.

APL Logistics Inks New Joint Venture in Oman

APL Logistics Ltd. has entered into a joint venture with Arab Global Logistics LLC in Oman.

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Crowley Launches Container Service Between Jacksonville, Costa Rica

Crowley Maritime Corp. has launched a weekly, fixed-day container-shipping service between Jacksonville, Fla. and Costa Rica.

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As Ocean Carriers Undergo Historic Consolidation, Shippers Could See Rates Increase

The container shipping industry is undergoing a historic wave of consolidation as carriers seek to tighten supply to offset the historical drop in pricing.

Machine-to-Machine/IoT Telemetry Brings Heightened Visibility to Cargo Movement

Currently, containers, ships and other intermodal transport assets such as chassis and gensets are mainly what we call "dark, dumb and disconnected." What this means is that we really don't know much about them. They are not self-aware, we can't see them, and they can't tell us about their actions and status.

Price of Container Equipment Drops - And Is Likely to Continue to Do So

Cheaper production and material costs as well as weaker demand have driven the price of new container equipment down to record lows and is forecast to fall further during 2016, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.

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Rates for Very Large Gas Carriers Likely to Remain Under Pressure

A wave of cargo cancellations from the U.S. is putting additional pressure on Very Large Gas Carrier rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

Slowdown Seen in Crude Oil Shipping

A steep rise in refinery capacity in the Middle East, the world's crude oil production hub, will diminish oil trade growth and with it prospects for tanker shipping, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.

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Asian Logistics and Maritime Conference

22-23 Nov 2016 | Hong Kong Convention and Exhibition Centre

Page 150 of 318

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