Maritime: Page 23
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Edwin Lopez / Supply Chain Dive
FMC detention, demurrage guidance comes as coronavirus outbreak aggravates preexisting port problems
The FMC's final guidance on what constitutes fair charges can also help inform contract negotiations.
By S.L. Fuller • April 29, 2020 -
MSC
3 years, 3 cyberattacks on major ocean carriers. How can shippers protect themselves?
Shippers and freight forwarders have a role to play in vetting supply chain partners' risks and keeping their data and cargo safe.
By Shefali Kapadia • April 29, 2020 -
Explore the Trendline➔
Adeline Kon/Supply Chain Dive
TrendlinePeak season management
Higher peak season surcharges are one risk for shippers to manage this year.
By Supply Chain Dive staff -
Pixabay
Blank sailings have reached their scheduled peak
Ocean carrier schedule reliability dropped to 68% in the first quarter of 2020 and could continue to struggle as a result of blank sailings in April.
By Matt Leonard • April 28, 2020 -
USPS ships mail by sea as airfreight crunch continues
This is not the first time the Postal Service has made such a move due to the COVID-19 outbreak, a USPS spokesperson told Supply Chain Dive.
By Emma Cosgrove • April 24, 2020 -
Hapag-Lloyd, Maersk beat IMO's 2030 greenhouse gas emissions reduction target by a decade
Experts remain optimistic about the industry's ability to maintain progress on sustainability efforts despite significant disruption from the COVID-19 outbreak.
By Morgan Forde • April 22, 2020 -
35% of ports say demand for food, medical supplies storage increased
While some ports are managing increased stockpiling of essential goods, others are adjusting to a decrease in storage utilization of conventional cargo.
By Matt Leonard • April 21, 2020 -
PwC, AmCham China predict companies will pursue a 'China+1' strategy after COVID-19
Despite the trade war and ongoing financial and supply chain challenges, very few companies the two organizations surveyed said they were preparing to shift operations or sourcing out of China.
By Morgan Forde • April 20, 2020 -
Low April shipment volumes could rival early 2009, Cass says
Shipper spending on transport fell 8% in March, and Cass said it expects transport pricing to remain low through May.
By S.L. Fuller • April 15, 2020 -
MSC confirms malware attack, site comes back online
Cargo continued to flow throughout the outage, and terminals operated without disruption, MSC said.
By Shefali Kapadia • Updated April 15, 2020 -
CMA CGM offers container storage to shippers navigating port congestion
The "Delay in Transit" offering, meant to reduce warehousing cost, is available globally with container storage happening at multiple hubs around the world based on trade lanes.
By Matt Leonard • April 9, 2020 -
NRF: March import volume expected to hit 5-year low
The Port of Long Beach, one of the only ports to have already reported its March numbers, saw a 5% decline in volume that it blamed on 19 blank sailings during the first quarter of 2020.
By Matt Leonard • April 8, 2020 -
FMC creates teams to address coronavirus-related cargo challenges
The agency took a similar approach in 2016, partnering with representatives from port authorities, terminal operators, longshore labor, rail and other stakeholders.
By Matt Leonard • April 1, 2020 -
Edwin Lopez / Supply Chain Dive
2M Alliance announces blank sailings on 21% on Asia-Europe trade
MSC will create a seasonal blank sailing program to match shrinking market demand due to the coronavirus.
By Matt Leonard • March 30, 2020 -
Courtesy of Ceva Logsitcs Media Gallery
Ceva Logistics declares force majeure, citing possible rate changes and surcharges
Just three weeks ago, CMA CGM touted Ceva as an important tool in bolstering service continuity in light of the COVID-19 disruption.
By Emma Cosgrove • March 27, 2020 -
Ocean carriers blank sailings on Transpacific, European routes as importer demand drops
Maersk announced three new blank sailings this week that would have served trade on European, Mediterranean and Transpacific routes.
By Matt Leonard • March 27, 2020 -
Ports shift operations, hours in coronavirus response
The Georgia Port Authority said it is temporarily suspending Saturday truck gate hours while Port Houston is reopening two terminals after an employee tested positive for COVID-19.
By Matt Leonard • Updated March 25, 2020 -
Maersk rolls out 'door-to-door' cargo insurance product
The insurance will cover loss or damage during end-to-end transportation of cargo, regardless of transport supplier.
By Morgan Forde • March 19, 2020 -
Pixabay
67 trade organizations urge FMC to adopt rule on detention, demurrage fees
Trade associations across industries say clarity is needed to keep fees consistent and fair, especially in the current coronavirus-impacted global economy.
By S.L. Fuller • March 17, 2020 -
Shippers see lower bunker fees as ocean freight demand, oil prices drop
The surcharge shippers pay is now much lower than anticipated and the extra cost to comply with the new IMO regulations will be put off until the economy steadies.
By Matt Leonard • March 17, 2020 -
44% of supply chain pros have no plan for China supply disruption
There are signs companies are struggling with visibility and shipping out of China, but there is no indication this has resulted in U.S. factories shuttering, even temporarily.
By Matt Leonard • March 11, 2020 -
Port of LA volume down 23% in February, further decline expected
The impact of the trade war with China was depressing volumes. Disruptions from novel coronavirus response efforts in Asia have driven levels down even further.
By Morgan Forde • March 10, 2020 -
CMA CGM expects normal operations to resume in China mid-March
CFO Michel Sirat estimated the phenomenon could bring down the carrier's 2020 total revenue by 2-3%, or $100 million.
By Emma Cosgrove • March 9, 2020 -
Courtesy of Getty Images
Chinese port calls trend toward normalcy
Figures from Clarksons Platou Securities, a maritime brokerage, suggest port calls have already surpassed 2019 levels.
By Matt Leonard • March 4, 2020 -
Blank sailings, demand drop could cost carriers a combined $1.9B
More blank sailings have been announced, but the pace has slowed and experts are optimistic.
By Matt Leonard • March 3, 2020 -
High fuel costs, overcapacity and contract delays threaten ocean shipping in 2020: report
Shippers have some leverage to push for pricing transparency, but many carriers' ability to survive current fuel prices and freight demand will depend on whether they can successfully implement price increases.
By Morgan Forde • March 2, 2020
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