by Rahul Goyal | Oct 3, 2019 | Ocean Logistics
Battered by the year-long United States-China trade war and escalating tariffs, import volumes this summer have not been able to gain any traction as they normally do with back-to-school and holiday merchandise. Retailers are projecting a choppy three months ahead. US...
by Rahul Goyal | Sep 19, 2019 | Ocean Logistics
The trans-Pacific trades will announce the low-sulfur fuel oil surcharges on shippers next month as they phase compliant vessels into their fleets in order to meet the International Maritime Organization’s LSFO requirements taking effect January 1. They intend...
by Rahul Goyal | Jul 8, 2019 | Ocean Logistics
Currently, all modern commercial ships run on fossil fuels such as MGO (Marine gas oil), MDO (Marine diesel oil), IFO (Intermediate fuel oil), MFO (Marine fuel oil), HFO (Heavy fuel oil) collectively known as bunker fuel. These fuels have a high content of sulfur...
by Rahul Goyal | Apr 17, 2019 | Ocean Logistics
Trans-Pacific Trade Contract Rates Increased by 20 percent. Freight rates for annual ocean carrier contracts increased 20% in the trans-Pacific trade in recent negotiations conducted by the largest US Importers. They are signing the contracts at about $2250 and $1250...
by Bengt Reed Anderson | Oct 30, 2017 | Ocean Logistics
Ocean Import FCL Rate Outlook for the remainder of 2017 through early 2018. 1) Nov 1st GRI/PSS We have seen that October did not have any increase, and ocean import FCL rates were extended to end of October. This is normal in the month of October after the China...
by Bengt Reed Anderson | Jul 3, 2017 | Ocean Logistics
New Japanese Joint venture carrier now ONE – The container divisions of Japan’s 3 liner shipping companies will be known as Ocean Network Express (ONE). ONE will be the name of the new liner shipping company that is a merger of the container shipping divisions of the...
