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Ocean Transportation: Page 173

Forecast Bleak for Return to Profitability in Dry Bulk Shipping Sector

The dry bulk shipping market is not expected to return to profitability until 2017, despite a modest recovery in earnings anticipated over the next two years, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.

The U.S. Wants to Deepen Mississippi River to Allow Post-Panamax Ships to Reach Baton Rouge

The U.S. government is taking steps to allow for larger post-Panamax-sized vessels along the lower Mississippi River as the date for the opening of the expanded Panama Canal draws closer.

Four Crises Plaguing Latin American Logistics

We're still waiting for many of the emerging markets of Latin America to emerge. What's holding them back?

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Asia Pacific Nations Gang Up on Maritime Pirates

Chief of Navy for Singapore, Rear-Admiral Lai Chung Han, told local news sources that Singapore, Malaysia and Indonesia are in discussions to increase patrols in the lower areas of the South China Sea, the areas most affected by the recent influx of maritime piracy.

Retail Imports Return to Normal After Surge to Clear Backlog

Import cargo volume at the nation's major retail container ports is returning to normal levels as officials prepare to count votes on ratification of a new West Coast labor agreement that ended months of uncertainty, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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At Southern Calif. Ports, the Battle Over Independent Truckers Rages

Just when you thought it was safe to move a container through the ports of Los Angeles and Long Beach, another labor dispute boils up.

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With Heightened Production, New Terminals Coming Online, U.S. to Become One of the Largest LNG Exporters

The United States is on track to saturate the global energy market with liquefied natural gas (LNG) exports by as early as this year, putting itself on course to become one of the world's largest LNG suppliers.

CaroTrans Offers New Weekly Service From New York to Finland

CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has launched a weekly less-than-containerload (LCL) service from New York to Helsinki, Finland, a hub for consolidations into northwestern Russia.

CMA CGM Announces New Gulf, Caribbean Services; Launches Tracking App

The CMA CGM Group has launched a new service linking the Mediterranean with the U.S. Gulf and Caribbean.

East-West Shipping Lanes See Recent On-time Performance of 64 Percent

Liner shipping service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Retail Sales Up 3.8 Percent in 2014 Despite West Coast Port Congestion, Annual Study Shows

The 2014 retail landscape could be characterized as bipolar, according to the 5th Annual State of the Retail Supply Chain Report from Auburn University and the Retail Industry Leaders Association.

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Delivery of Ultra Large Container Vessels Continues Unabated - Can Demand Match Supply?

Despite positive growth momentum, the container shipping industry continues to suffer new, big ship deliveries with no let-up to the ordering frenzy according to the Container Forecaster, published by Drewry Maritime Research. Drewry forecasts another year of excess growth in relation to demand in 2015. This will make it harder for carriers to repeat the estimated 92 percent load factors across the main headhaul East-West trade lanes achieved in 2014.

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