Thursday, December 1, 2022

Shipping

Automatic Identification Systems (AIS) data provides benefits to many types of businesses, from maritime and shipping to commodity trading and investment analysis. While there are several options for AIS tracking data for most applications, here are...
Regulation and improving fire-fighting techniques have proven inadequate to stem the tide of serious incidents costing lives, significant cargo losses, and ship damage - TT Club TT Club, the market-leading independent provider of mutual insurance and related...

2022 had lowest number of piracy incidents on the high seas since 1994

  "Bloody Pirates.............." This was probably uttered many times by many ship owners, operators, ship captains, seafarers and insurers.. From January to June 2022, there were...

Can US ports handle the privileges that American Port Access Privileges Act may bring with it..??

"Foreign exporters’ access to the American market and our consumers is a privilege, not a right. Cargo vessels looking to offload foreign-made products and...

Understanding container weight misdeclaration

Recently, ONE (Ocean Network Express), the 7th largest container shipping line in the world by capacity, implemented a penalty fee in the form of...

World Shipping Council report on containers lost at sea identifies several active safety improvement initiatives

"Although containers lost overboard represent less than one-thousandth of 1% (0.001%) of the roughly 241 million packed and empty containers currently shipped each year,...

Maersk all clear to take to the skies with Senator International

Flush with a USD19.29 billion revenue (+55%), USD6.78 billion net income and a USD 6 billion free cash flow (+154%) in the first quarter...

Internet access and social connectivity become mandatory rights for seafarers – but could be costly

Currently sitting in the comfort of your home or office can you imagine a life without access to the internet or social connectivity, especially...

All you need to know about port, trade and party sanctions against Russia

As everyone knows, the Russia-Ukraine conflict has been with us since February 2022. Different countries have reacted differently to the conflict with some supporting...

Dredging efforts continue as Ever Forward enters day 11 stuck in Chesapeake Bay

You may have seen cars or other vehicles overshooting traffic lanes and ending up ploughing into the dirt on the side of a highway.....

Spot freight rates continues to decline as US importers slow down on replenishments

Suffern, NY, March 22, 2022 – Transit times for containers moving between ports in China and their counterparts on the US West Coast declined...

Federal Maritime Commission turns the heat on opportunistic carriers for US exports

In response to complaints from the trade and market in general, the Federal Maritime Commission's (FMC) focus has been on assisting US importers with...

How US ports may have contributed to the global lag in container turn around times

The global supply chain and specifically the ocean freight industry and ports and terminals have gone through a very trying and tough time in...

The Federal Maritime Commission needs your inputs on demurrage and detention

Demurrage and Detention charges, the pain in the posterior, the bane of existence for BCOs, the mega bone of contention between carriers and customers,...

Carrier slammed for Street Turn charge for domestic moves in USA

In the process of shipping, once a delivery order has been issued for an import full container and the customer has unpacked it, they are...

Impact of War on Maritime Trade Flows – AMICIE Webinar

The risk of war is nothing new to the shipping, freight and maritime industry, having navigated through many of these situations.. Many charter parties include...

Why import volumes are falling in Los Angeles when there are still a lot of vessels queuing outside

Last week, containerized import figures from the port of Los Angeles showed that Q4 '21 saw a large slide compared to the preceding quarter,...

US Army Corps of Engineers to help Port of Long Beach with improvements to enable navigation of bigger ships

Officials announced recently that the U.S. Army Corps of Engineers is receiving $8 million in Bipartisan Infrastructure Law funding help to make navigational efficiency...

shifl to launch the first-ever no-fee instant payment and banking platform for supply chain

Shifl’s widely-used supply chain software is now rolling out its newest addition: A modern financial technology built alongside its sophisticated logistics technology. Creating...

It is Official – MSC is the world’s largest container shipping line in terms of container capacity

Mediterranean Shipping Company (MSC) a privately-owned organisation driven by the Aponte family was founded in 1970 and has evolved from a one-vessel operation into...

A simple but clear perspective on the notion of Shipping Cartels

Liner shipping plays a very important role in the container shipping industry carrying 25.3 million TEU on around 6313 container ships.. As I highlighted...

Captain and First Officer of Wakashio get 20 months in prison for endangering safe navigation

Captain Sunil Kumar Nandeshwar and First Officer, Hitihanillage Subhoda Janendra Tilakaratna of the 203,000 DWT Capesize vessel Wakashio which hit a coral reef and...

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