Ocean Shipping

Ocean Carrier Update: Pricing Continues its Upward Trend as Supply Chain Managers Fight for Space

Monday, September 20, 2021 · Patrick Burnson The extreme consolidation within the ocean container sector we reported at this time last year has only intensified, say analysts for the Paris-based consultancy, Alphaliner.

Descartes Datamyne Gives Exclusive Interview on Current State of Ocean Cargo Supply Chains

Thursday, July 29, 2021 · Patrick Burnson While there’s no shortage of demand from consumers, there continues to be shortages of labor, equipment and shipping capacity to meet their expectations. Supply chain disruptions, port congestion and rising shipping costs could continue to be challenges through the end of…

Exclusive Interview: Jon Monroe on Current State of Ocean Cargo Supply Chains

Monday, July 12, 2021 · Patrick Burnson Shippers might as well forget about planning for a “peak season,” industry analysts contend. Due to ongoing pressures from e-commerce and post-pandemic demand, ocean carriers are operating at crisis-driven velocity for the foreseeable future. Jon Monroe, president of…

Ocean Cargo Update: Policymakers to Promote More Transparency in the Supply Chain

Tuesday, June 22, 2021 · Patrick Burnson Supply chain managers reliant on ocean cargo shipping have been confronted with a series of calamities and close calls this year, note industry analysts. COVID-19 led to global changes in consumption and shopping patterns, including a surge in electronic commerce. This was…

United Nations Calls Upon Global Ocean Cargo Operators to “Optimize” Before it’s Too Late

Wednesday, May 26, 2021 · Patrick Burnson Monitoring of port calls and liner schedules, along with better tracing and port call optimization, are among the issues covered by the growing field of “maritime informatics,” says UNCTAD,

Talking Supply Chain Podcast: PACE yourself, or How blockchain can transform ocean shipping

Friday, March 19, 2021 · Bob Trebilcock On this episode, Yu Amy Xia discusses a framework for implementing blockchain to streamline ocean transportation in the supply chain. SCMR’s Editorial Director Bob Trebilcock hosts

AlixPartners’ Releases New Report on Ocean Cargo Supply Chains

Wednesday, March 10, 2021 · Patrick Burnson Long “the sick man” of the transportation ecosystem, the container-shipping industry stands on the brink of a new era of sustainable profitability.

Panjiva reports strong finish to 2020 for U.S.-bound imports

Tuesday, January 12, 2021 · Jeff Berman Total December Twenty-Foot Equivalent Units (TEU)—at 2.76 million TEU—headed up 20.4% annually, which Panjiva said marked the fastest rate of expansion going back to August 2010. And, for all of 2020, total import volume hit 29.25 million TEU, representing a 1.7% annual…

Ocean Container Pricing Becoming More Disciplined, Say Industry Analysts

Friday, January 8, 2021 · Patrick Burnson Consolidation in the global container shipping industry in recent years has been the key factor behind improved supply discipline. Ocean cargo carriers’financial performance has been improving as a result.

U.S.-bound imports continue growth in November, reports Panjiva

Thursday, December 10, 2020 · Jeff Berman The firm reported that total November shipments—at 1,16,7943—rose 20.7% annually, topping November’s 16.8% annual increase, with imports of containerized freight shipments—at 2,668,416 TEU—seeing a 17% annual gain.

Ocean Carriers Struggle to Cope with Equipment Shortages as Transshipment Ports See Cargo Surge

Tuesday, November 24, 2020 · Patrick Burnson Strong demand for container shipping space on major trade lanes from Asia to Europe and North America saw cargo rollovers increase month-on-month in October as carriers struggled to keep ocean supply chains operating smoothly.

Consolidation in Global Container Shipping Industry is Helping Carriers’ Bottom Line

Friday, October 16, 2020 · Patrick Burnson Spot container freight rates have increased in recent months, driven by shipping companies’ supply discipline, despite a decline in demand at the start of the coronavirus pandemic, Fitch Ratings says.

U.S. Supply Chain Managers Should Expect Higher Ocean Contract Rates in 2021, Says Drewry

Tuesday, October 13, 2020 · Patrick Burnson It is too early in the Q4 bid season to reach exact conclusions about 2021 rate changes. However, industry analysts say the signs are obvious in the spot market for ocean transportation that carriers have gained pricing power and are managing ship capacity to their advantage.

IHS Markit Provides Peak Season Ocean Cargo Supply Chain Advice and Forecast

Monday, July 27, 2020 · Patrick Burnson Supply chain managers will benefit from reassessing their sourcing and distribution networks, including tier suppliers and key network links and nodes.

Ocean Cargo Supply Chains Require Coordinated Response, Says Drewry

Tuesday, April 14, 2020 · Patrick Burnson Without any coordinated response, carriers will not always get it right when it comes to vessel deployment.