Maritime: Page 28
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CMA CGM launches instant digital quotes, guaranteed space for shippers
The ocean shipping industry is notoriously slow to jump on the digitization bandwagon, but the tides are shifting.
By Shefali Kapadia • April 26, 2019 -
Report: HMM seeks full membership in 2M alliance
The company's CEO is reportedly meeting with executives from Maersk and MSC, but HMM doesn't bring as much heft to the negotiating table as the ninth largest carrier with 1.9% of global volume.
By Matt Leonard • Updated April 25, 2019 -
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 -
Maersk blockchain solution TradeLens adds ZIM
This is the fourth carrier to join the platform, which allows data to be shared across a network of terminal operators, port authorities, freight forwarders and container lines.
By Shefali Kapadia • April 22, 2019 -
Maersk, Hapag-Lloyd, MSC and ONE form the Digital Container Shipping Association
Ocean shipping has been a notoriously slow industry to digitize, and creating a common set of standards could pave the way for the development of industry-wide digital networks.
By Emma Cosgrove • April 16, 2019 -
Spot rates drop 30% between US West Coast and Asia
First quarter volumes slumped after the threat of tariffs led to record import volumes in late 2018 at West Coast North American ports.
By Matt Leonard • April 16, 2019 -
Auto imports from Asia, Europe could fall 11% under proposed U.S. tariffs
U.S. auto tariffs could result in higher prices for consumers and less volume for ports, according to analysis by Drewry.
By Matt Leonard • April 11, 2019 -
Maersk completes spin-off of oil drilling business
This move is part of a 2016 plan to push the carrier into logistics and supply chain services and away from oil and gas, in search of healthier and more stable profit margins.
By Emma Cosgrove • April 8, 2019 -
Shifting ro-ro cargo to containers could provide post-Brexit relief
About 20% of the current import volume at the Port of Dover could be shifted from trailers to containers and handled by other ports if post-Brexit congestion clogs the ro-ro facility, a Drewry analysis found.
By Matt Leonard • April 5, 2019 -
Edwin Lopez / Supply Chain Dive
IMO 2020 could cause M&A uptick among carriers
Drewry posits carriers may seek to consolidate to achieve greater price stability, especially as scrubber cost and fuel markets make for much more unpredictable waters in the months and even years to come.
By Emma Cosgrove • April 3, 2019 -
Panalpina
DSV to acquire Panalpina in $4.6B deal
The merger creates the fourth largest freight forwarding company by revenue and ends months of speculation about the future of Panalpina.
By Shefali Kapadia • April 1, 2019 -
Edwin Lopez / Supply Chain Dive
Port of Oakland retrofits cranes with hybrid power
The terminal operator will save on fuel costs and contribute to the port's larger goal of reaching zero-emissions operations.
By Matt Leonard • March 28, 2019 -
Improper packing, labeling to blame for string of ship fires, insurer says
Mislabeling hazardous materials leads to improper handling, which can cause fires, explosions and loss of life — not to mention cargo. TT Club puts the value of such cargo claims at $500 million per year.
By Emma Cosgrove • March 27, 2019 -
Kendall Davis / Supply Chain Dive
West Coast imports slip in February after 'global trade frenzy'
Volumes at East Coast ports rose year-over-year, but they may soon be headed for the same downturn as their West Coast counterparts.
By Matt Leonard • March 25, 2019 -
Pixabay
Maersk joins alliance supporting low-carbon transport
The world's largest container shipping line is often seen as a leader in innovation and sustainability, taking its goals beyond the requirements of the International Maritime Organization.
By Shefali Kapadia • March 21, 2019 -
CMA CGM, Ikea, Port of Rotterdam to test new sustainable fuel
The new biofuel promises significant carbon reductions and does not require any engine modifications, but it's not immediately clear what the final product would cost.
By Matt Leonard • March 12, 2019 -
Shefali Kapadia / Supply Chain Dive
Will shipper-carrier tension melt away in favor of collaboration?
A noticeable sense of underlying tension among supply chain partners permeated sessions at TPM 2019 in Long Beach, California.
By Shefali Kapadia • March 11, 2019 -
Solving intermodal's visibility 'black hole'
GE's Port Optimizer gathers and shares data across all stakeholders in the intermodal supply chain, but experts argue the drive must come from shippers.
By Shefali Kapadia • March 7, 2019 -
Maersk CEO promises instant booking on most shipments by mid-year
The carrier is advancing its digital processes and visibility in an effort to become more customer centric and provide end-to-end solutions, CEO Søren Skou said at TPM 2019.
By Shefali Kapadia • March 5, 2019 -
Getty Images
Ocean carriers strive to keep capacity in check
Reduced capacity, if coupled with steady or increased demand, could come with the side effect of higher rates for shippers.
By Shefali Kapadia • March 4, 2019 -
Edwin Lopez / Supply Chain Dive
FMC wrapping up investigation into detention, demurrage fees
In order to develop the commission's final recommendations, Dye has convened "innovation teams," set to meet in Washington, D.C. no later than April.
By Emma Cosgrove • March 4, 2019 -
US export losses from trade war pegged at $40B
Empty shipping containers in Asian ports are but a symptom of misaligned supply and demand caused by the ongoing trade skirmishes — and a symbol of billions in lost commerce.
By Rich Weissman • March 4, 2019 -
Ocean carriers need 'significantly higher' surcharges to offset IMO 2020 costs: study
AlixPartners estimated carriers operating Asia-Europe routes would need to increase surcharges by 40% to maintain their current financial standing. Asia-Americas routes would need to increase by 33%.
By Shefali Kapadia • March 1, 2019 -
Maersk, CMA CGM, Hapag-Lloyd digital leaders among ocean carriers: survey
"The first horses are out of the gate," said Freightos CEO Zvi Schreiber, but much work remains to move away from manual shipment and booking systems.
By Gary Wollenhaupt • Feb. 25, 2019 -
Maersk expects trade uncertainty, fuel prices to wreak havoc in 2019
The carrier is in better shape than it was this time last year, but it's the hazy future that makes 2018's gains cold comfort going forward.
By Emma Cosgrove • Feb. 22, 2019 -
Maersk strikes deal with refiner to secure low-sulfur fuel source
An adequate supply of low-sulfur fuel is essential to keeping the cost of the IMO 2020 transition in check, as 60% of a ship's operating cost is fuel.
By Emma Cosgrove • Feb. 20, 2019
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