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Think Tank
Ocean Transportation: Page 151
Once Again, Russia, Iran, India Explore Transportation Route from Mumbai to Moscow
Iran, Russia and India have revived long-stalled discussions on a multimodal North-South Transportation Corridor linking Mumbai to the port of Bandar Abbas to Moscow. The 4,000-mile route would bypass the Suez Canal, cutting weeks off of the sea route from the Arabian Sea to the Baltic.
With Store Shelves Stocked for Back-to-School Sales, August Should Be Banner Month for Retailers
August should be the busiest month of the year for import cargo volume at the nation's major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on holiday season merchandise. That's according to the monthly Global Port Tracker report by the National Retail Federation and Hackett Associates, which said cargo volume for 2016 should end the year with a 1.6 percent increase over last year.
Strength in Numbers: Forwarder Network Taps CargoSmart's Carrier Data
With the goal of building up a worldwide network of medium-sized freight forwarders, BuyCo For Growth sought a link to ocean carriers that would provide instant access to schedules, rates and other data critical to the movement of its customers' cargo.
Controlling Carrier Spend: Blount Takes Chainsaw to Its Logistics Costs
Blount International, a maker of farm, forestry and gardening equipment, needed to get a handle on its global logistics spend. A performance-management tool from Trax Technologies cut costs and helped the company to take a long-range, strategic view of operations.
AAPA Honors Memory of Helen Delich Bentley
The American Association of Port Authorities (AAPA) has paid tribute to Helen Delich Bentley, who died on Aug. 6 at the age of 92. Bentley was a former chair of the Federal Maritime Commission, a U.S. congresswoman from Maryland, a journalist and lobbyist.
Website Devoted to Energy Efficiency in Maritime Projects
The IMO has launched Glomeep.imo.org, a website with information about energy-efficient technologies - covering areas such as machinery, propulsion systems, hull improvements and energy recovery.
Spot Freight Rates Have Recovered, Finally, on Asia-Europe Lanes
The downwards trend line in Asia-Europe spot freight rates has finally been reversed, as data from World Container Index Shanghai-Europe reveals.
Dry Bulk Shipping Rates May Be Seeing Steady Recovery
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China importing more coal and iron ore to combat pollution and poor quality, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.
Panama Canal Authority Disputes Claims Waterway Is Too Narrow
The Panama Canal Authority has refuted reports that there have been three collisions in the newly expanded Panama Canal.
Zim Announces Upgrade of Med-West Africa Service
Zim Integrated Shipping Services Ltd. is restructuring and upgrading its Mediterranean-West Africa (MAF) service.
Seaboard Adds South Central America, Colombia to New Orleans Service
Seaboard Marine has launched a new weekly service from New Orleans, connecting U.S. exporters to Colombia, Panama and Costa Rica, in addition to Honduras, Guatemala, El Salvador and Nicaragua.
Market for Chemical Tankers Expected to Slow, Especially for Larger Vessels
Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two years, but rates for the larger sizes, especially medium range (MR) vessels, will decline due to the impact of falling clean petroleum products (CPP) freight rates, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
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