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Ocean Transportation: Page 183

Airfreight Shows Slight Decline in August, Ocean Freight Picture Improves in Same Period

Uncertainty in the global market continues as the latest Stifel Logistics Confidence Index indicates a dip of 0.4 points in the overall measurement to 55.7. While the present situation remained positive, gaining 1.2 points from July to 53.5, the expected situation for the next six months stumbled 2.0 points to 57.9. This decline was particularly noticeable within airfreight expectations, which declined 3.3 points to 54.7. The sea freight expectation component declined 0.7 points to 61.0.

Maritime Industry Supply Chain Said to Be Ripe Target for 'Hackers'

The International Maritime Bureau (IMB) is calling for vigilance in the maritime sector as it emerges that shipping and the supply chain is the "next playground for hackers."

Supertanker - Super Savings: Running a Tight Ship with Automated Dock Scheduling

Liquid bulk shipping requires complex planning and scheduling. For many oil, gas and chemical companies, getting the business in shape to manage incoming and outgoing shipments drives competitive edge. As prices fluctuate on a daily basis, understanding the options on large crude oil vessels and having up-to-date market information is vital when bidding on spot cargo to accurately schedule your fleet. Being able to take all unassigned ships to a legal berth, with all constraints considered, is a logistic and economic challenge. So, how can companies maximize profitability and avoid unnecessary demurrage costs?

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Number of Container Vessels Plying the Seas Continue Downward Slide

The number of container ships afloat has decreased in the first half of 2014 and could fall on an annual basis this year, for the first time in at least 20 years. Although the total TEU nominal capacity of the global fleet continues to increase by about 6 percent a year, this growth in capacity now comes solely from the increase in average ship size, not from having more ships.

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Ports America Purchasing 30-Percent Stake in ITS

Ports America is purchasing a 30-percent stake in International Transportation Service Inc., a terminal operating division of Japan's Kawasaki Kisen Kaisha, Ltd. ("K" Line) in Long Beach, Calif.

Landair Unveils Guaranteed Value Acceleration Service

Third-party logistics provider Landair has developed Guaranteed Value Acceleration (GVA), a new service feature designed to give supply-chain managers greater confidence that outsourcing to a 3PL yields measurable financial, operations or customer-service improvements.

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Containership Refrigerated-cargo Capacity Expected to Increase 22 Percent by 2019

Reefer capacity on the containership fleet is expected to increase by 22 percent over the next five years, at the expense of a declining specialized reefer fleet, according to Drewry's latest Reefer Shipping Market Annual Review & Forecast.

Does U.S. Domestic Shipping Still Need the Jones Act?

Should foreign-flag vessels and crews be allowed into the U.S. domestic maritime trades?

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DHL Launches Direct LCL Services in Latin America

DHL Global Forwarding has launched four new direct routes for less-than-containerload (LCL) shipments to countries throughout Latin America.

Penske Logistics Joins CargoNet Security Group

Penske Logistics has joined CargoNet, a national database that aims to prevent cargo theft and improve recovery rates through the sharing of information among theft victims, their business partners and law-enforcement officials.

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A New, Parallel Suez Canal? Egypt's Army Says It's a Go.

Egypt said on Tuesday it plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multibillion-dollar project to expand trade along the fastest shipping route between Europe and Asia.

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Evergreen Line Enhances Services to U.K., Ireland

Evergreen Line has enhanced its ocean container services to and from Dublin, Ireland and Liverpool, England. From its hub in Rotterdam, the line will offer a twice-weekly service to Dublin, and dedicated slots on a weekly basis to Liverpool.

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