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Ocean Transportation: Page 204

China Shipping Chasing Maersk by Ordering Five of the World's Biggest Vessels

China Shipping Container Lines plans to order five 18,000 20-foot-equivalent unit container ships, the world's largest, becoming the first carrier to challenge Maersk Line, which will deploy the first vessel of this size in the Asia-Europe trade in June.

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Europe's Short Sea Shipping Network Could Teach U.S. Quite a Lot

With all the years of studies and analyses showing the benefits of short sea shipping on America's 96,000 miles of coastline and 22,000 miles of inland waterways, there is still no federal policy on development of America's Marine Highway. In fact, the Administration has tabled discussions about maritime initiatives until 2017, which essentially means maritime policies will wait until the next administration takes office.

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Damco CEO Discusses Company's Approach to North American Logistics Market

The number one imperative for North American shippers continues to be cost reduction and cost containment, which means that logistics providers must analyze and scrutinize operations more diligently than ever in order to find such opportunities, says Jeremy Haycock, president of Damco North America.

North America's 50 Most Successful 3PLs

Whatever logistics services you need, our list of 50 providers based in North America can provide Class-A operations for you - anywhere in the world.

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LCL Logistix Launches Groupage Service from India to Baltics, CIS

LCL Logistix, the Indian member of the FPS network of independent freight forwarders and non-vessel operating common carriers, has launched a new less-than-containerload service from India to the Baltics and Commonwealth of Independent States.

Kuehne & Nagel Expands Operations in Oman, Myanmar

Kuehne & Nagel, the global provider of logistics services, has set up a new joint venture company in the Sultanate of Oman.

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How The Right Insurance Can Help Protect Your Supply Chain

On March 11, 2011, a tsunami off the coast of Japan caused human tragedy on a massive scale, killing thousands and rendering more than half a million homeless. The tsunami also wreaked havoc on business supply chains worldwide. Toyota and Honda experienced a 30-percent and 60-percent decline in profit, respectively, which both attributed to production lags caused by limited supplies of parts after the tsunami. The tsunami caused an estimated $40bn in economic losses due to interruptions in global supply chains.

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U.S. Coast Guard Permits Certain Temporary Ballast Water Treatment Systems

The U.S. Coast Guard announced the acceptance of nine ballast water treatment systems as Alternate Management Systems (AMS) in compliance with the service's March 2012 final rule for Standards for Living Organisms in Ships' Ballast Water Discharged in U.S. waters.

Inttra Offering Shippers Access to Marine Cargo Insurance

Inttra, a global, multi-carrier shipping network for ocean freight, is now offering its shipper members access to cargo insurance from Lloyd's of London broker FP Marine Risks.

Expanding Panama Canal Will Downsize Number of U.S. Air Cargo Hubs, Report Finds

An expanded Panama Canal will result in a smaller number of North American air cargo centers, according to the recently released North American Port Analysis by commercial real estate firm Colliers International. The report, titled "CapEx or Capsize," says air cargo's role in global trade will be defined by the tug-of-war between energy/infrastructure costs and e-commerce growth in the first post-Panamax decade, from 2015 through 2025.

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China Expands Footprint in Port Operations in South Asia

By recently taking charge of the Gwadar port in Pakistan, China has increased its presence in Southern Asia's port sector, much to the concern of the Indian Government.

Penske Logistics Upgrades Data Center in Ohio

Penske Logistics has upgraded its data center, which is now located a few miles away from its previous site in Beachwood, Ohio.

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