Remove Exercises Remove Industry Remove Maritime
article thumbnail

The Effects of Global Warming on Ocean Shipping

MTS Logistics

The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. From restructuring trade routes to adhering to strict regulations, the shipping industry faces a host of new challenges as it seeks ways to a more sustainable route.

article thumbnail

CMA CGM Caps Its Rates: What Does This Mean for Container Shipping?

ShipLilly

Given CMA CGM’s position in the shipping industry, there are serious implications that result from this decision. Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues. Some experts consider this decision to be a game-changer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Port Congestion Surcharge, is it the New Norm?

ShipLilly

As the shipping industry has grown, port capacity has not always caught up in time in the last 10 years. Unless things are regulated in the short term, this is a danger to the industry. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether. What is the port congestion surcharge?

article thumbnail

Combating Illicit Cargo

Logistics Business Magazine

The global maritime and transportation industries have long played a vital role in facilitating the movement of goods and people across borders, writes Captain Steve Bomgardner, VP Commercial Markets, Pole Star Global. What other advanced features does maritime intelligence have to combat this issue? What are the red flags?

Cargo 49
article thumbnail

Large Shipping Losses Have Declined 38% over Past 10 Years

Material Handling and Logistics

and China conducting naval exercises. Losses in Asia rose year-on-year with incidents in South China, Indochina, Indonesia and Philippine maritime regions rising 25% making it the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new Bermuda Triangle.". naval ships and commercial vessels.

article thumbnail

The Biggest Shipping Challenge in 2022: Securing Market Capacity & Pricing

MTS Logistics

Despite labor shortages for supply chain operations, limited warehouse space, congestion and lead time issues, the biggest problem in the shipping industry is still securing market capacity and pricing. Given the challenging conditions of the past two years, world trade is remarkably robust. million TEUs. and Asia-E.U.

article thumbnail

The beginning of the end for the Paper Bill of Lading

Shipping and Freight Resource

If you look at many of the news items about the industry recently, there has been a certain buzz and intensity around the electronic bill of lading. CMI – The Comité Maritime International, is a non-governmental organization established in Antwerp in 1897 with the objective of unification of maritime law in all its aspects.