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Ocean Transportation: Page 165

"K" Line Sets Up Shipping and Logistics Unit in Dubai

Kawasaki Kisen Kaisha, Ltd. ("K" Line) has established a new operation in Dubai, United Arab Emirates.

Six-month Outlook for Shipment by Air, Sea Is Not Very Bright

For the sixth month in succession, the Stifel Logistics Confidence Index declined. This trend resulted in the November Index score falling to the lowest registered for three years. The monthly decline registered in airfreight was more moderate than that witnessed in sea freight; the former was down by 0.4 points to 48.9, whilst the latter dropped 2.8 points, amounting to 46.1.

Is America Dangerously Reliant on Chinese Merchant Ships?

In future conflicts, America's merchant fleet could find itself outnumbered and outmaneuvered on the high seas, say the authors of a new paper on U.S. maritime security.

On-time Performance in Ocean Container Shipping Dipped Slightly in October

Containership reliability took a small step backwards in October as the average on-time performance across all trades reached 77.9 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Paris Terrorist Attacks Just the Latest Act of Unrest to Disrupt Supply Chains Worldwide

Even before the events in Paris on Friday Nov. 13, unrest in several geographic areas of the world has contributed to major disruption in the supply chain.

Cargo Vessels Sailing Into Higher Operation Costs

The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by global shipping consultancy Drewry.

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As Feds Drag Feet, States Pick Up Tab to Dredge Harbors in Preparation for Bigger Ships

Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next year are picking up the cost of what has traditionally been a federal duty.

Ports Experience 'Dramatic Difference' From Last Year as Holiday Merchandise Comes Ashore

Import cargo volume at the nation's major retail container ports is expected to increase 8.3 percent this month over the same time last year as consumers begin their holiday shopping, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

CaroTrans Expands China-U.S. LCL Import Network

CaroTrans, a non-vessel operating common carrier and ocean freight consolidator, has launched 11 new, direct less-than-containerload (LCL) import services between China and the U.S.

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Most Costs to Operate Ocean Vessels Expected to Rise Through 2016, Consultancy Say

Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period.

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European Demand for Liquefied Natural Gas Won't Pump Up Shipping Freight Rates, Study Says

LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.

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Most Piracy in Malacca Strait Labeled as Fake Insurance Claims

A fleet commander in the Indonesian Navy has said that about 90 percent of piracy cases in the Malacca Strait area turn out to be bogus claims related to insurance fraud or business competition.

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