Ocean freight accounts for about 90 percent of global shipping, which makes it the main mode of transportation. It is also the preferred mode due to efficiency, cost-competitiveness, and heavy cargo capability. There is also a degree of flexibility in how freight rates are calculated. In some cases, rates cover shipping, stowage, and unloading at […]

There is a significant decline in consumer demand, with logistics CEOs noting a 20 percent decrease in ocean freight orders for the last two months. The pullback is evident across a wide range of products, ranging from some types of apparel to industrial, housing, and machinery. The main reasons for the drop in orders are […]

Green corridors are routes that are exclusively used by ships running on alternative fuels. Recently, their feasibility has been widely debated by industry players. Most agree that green corridors can help de-carbonize the shipping industry but there are still some uncertainties about implementing them. But first comes first – what are green corridors and what […]

Ocean carriers are increasingly offering air cargo services as customers are looking for an intermodal logistics solution to ship freight around the globe. According to experts, it is more than just simplifying logistics but also about making it effective, efficient, and optimized. Some of the largest shipping companies have already added aircraft to their fleet […]

The drive towards sustainability is transforming the shipping industry. Innovative business models, next-generation technology, and changing regulations will have a profound effect on both carriers and forwarders. Business as usual is no longer acceptable because societies and consumers are increasingly aware of the importance of sustainable practices. Today, consumers demand more transparency and new policies […]

Apart from the Suez Canal blockage in March, 2021, many big commercial vessels shipping cargo were stranded outside ports last year, from South Carolina to Europe and Singapore. Why all this happened?     Covid-19 Pandemic When lockdowns and travel restrictions were imposed in 2020, many started ordering gym equipment and office furniture, setting up […]

Shortage of expert workforce, environmental regulations, demand and supply imbalances, and supply chain bottlenecks are some of the main challenges facing the shipping industry. Emerging innovations and trends help reduce the negative impact on carriers and forwarders. Blockchain, robotics and automation, the Internet of Things, big data and analytics, and artificial intelligence are successfully integrated […]

The crew change crisis seem to have stabilized despite a shortage of Ukrainian and Russian mariners and the restrictions imposed in Japan. Figures show that the number of crews stranded onboard ships beyond contract expiry is down to 4.3 percent in June, compared to 4.5 percent in May, 2022. The number of mariners onboard ships […]

Recent Covid-19 outbreaks and the sanctions against Russia are causing crew shortages and pushing wages up. Outbreaks in the Far East have prevented Chinese seafarers from boarding ships while Russian crews are unable to join ships due to travel limitations and visa restrictions. This has resulted in reduced availability on a global scale and a […]

The war in Ukraine has caused a serious supply chain disruption which is likely to exacerbate the crew crisis, port congestion, and supply chain disruption caused by the prolonged pandemic. International freight forwarding has been hard hit, with the burden of sanctions, the disruption of trade with Ukraine and Russia, and the loss of vessels […]

Illicit shipping practices are often used by countries that seek to evade economic sanctions. Such practices include flag hopping and false flags, voyage irregularities, altering vessel identification, manipulating or disabling vessel automatic system identification, and falsifying ship-to-ship transfers and vessel and cargo documents, among others.   Flag Hopping and False Flags A false flag operation […]

The liquid and dry bulk markets will be affected this year due to the ongoing conflict in Ukraine and the supply chain disruptions that are expected to continue through 2022. Experts predict trade growth to be 1 – 2 percent based on type of cargo. While trade growth has lost momentum due to the war, […]

Four UN organizations recently released a joined statement urging carriers, governments, local and national authorities, and other stakeholders to ramp up efforts to deal with the crew change crisis that has affected over 400,000 mariners since the onset of the pandemic. The statement issued by WHO, UNSTAD, IMO, and ILO notes that more efforts are […]

The ongoing health crisis has affected shipping in many ways, from the medical handling of suspect Covid-19 cases and crew repatriation to vessel attendance for statutory purposes and certification and delayed repairs and retrofits.   Handling of Suspect Cases Medical handling of suspect cases can be a challenge due to shortage of equipment and supplies […]

Commercial vessels can be generally divided into wet and dry cargo ships and vary in dimensions /width and length/. Draft or water depth is a limitation that determines the minimum water depth a boat or cargo ship can navigate. Beam or a vessel’s widest point determines the canal locks a commercial ship can fit. Based […]

A year and a half into the pandemic, the global shipping crisis is getting worse, with shortages of goods and rising prices. This year consumers are likely to face fewer choices during the holiday season. Giants such as Hasbro, Crocs, and Adidas already warned of disruptions due to the fact that supply chains are not […]

The 2021 Seafarer Workforce Report released by the International Chamber of Shipping and the Baltic and International Maritime Council on Wednesday warns about a possible shortage of sailors to staff commercial vessels over a five years period. Steps should be taken to increase numbers and ensure the smooth movement of cargo across the globe. The […]

2020 was a difficult year for most sectors, and the shipping industry is not an exception. A year and a half into a global health and economic crisis, freight forwarders face a number of challenges, from marine insurance claims and risk of cargo damage to machinery breakdown and delays of servicing of equipment and vessels. […]

Global vaccinations of crews are not going fast enough to prevent outbreaks onboard vessels, resulting in trade and supply chain disruptions and endangering the life of seafarers. The fact that vaccinations are going too slowly is potentially slowing economic recovery for countries trying to pull out of a deep, pandemic-induced recession. Effect on Supply Chains […]

The slow circulation of containers, together with increased cargo volumes, has led to supply chain disruptions and reduced capacity, resulting in significant delays and rate increases. Box shipping rates have spiked due to strong demand and container shortages and are projected to continue going up. Reasons for Slowdown in Circulation The slow circulation of containers […]