fuel prices
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2 Big Problems Ocean Freight Shipping Faces in 2019
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We live in a global economy where about 90% of the world’s goods are transported by sea, but it hasn’t been smooth sailing for the ocean freight shipping ...

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Shippers Will Hate Expected Carrier Strategy
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It’s coming: the cleaner fuel mandate. The International Maritime Organization’s (IMO) o.5% sulfur cap hits in 2020. Carriers know their fuel costs are ...

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Carriers Expect To Recoup IMO 2020 Fuel Costs Through Shipper Contracts
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We’re finally seeing news on how carriers will pass higher fuel costs, which are on the way, to shippers. IMO Cleaner Fuel Mandate Histeria It seems that ...

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Will IMO 2020 Have a Grace Period on Implementation?
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In only 5 months, starting on January 1st, 2020, cargo ships have to meet the International Maritime Organization’s (IMO) new 0.5% sulfur cap on ...

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2 Big Effects of Drone Attack on International Shipping
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U.S. government released satellite image drone attack on saudi arabian oil facility In case you missed the big news this weekend, a drone attack hit two ...

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Top 10 International Shipping News Stories of 2019
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Before 2020 hits, let’s take a look back at 2019. What happened in international shipping this year didn’t happen in a bubble. Just like events of ...

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How Is IMO 2020 Launch Going?
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IMO 2020 went into effect on January 1st, requiring sea vessels, including container ships, to abide by a 0.5% sulfur cap on fuel or use scrubbers ...

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2 Major Factors to Affect Freight Rates in 2020
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Freight rates in the international shipping industry are always volatile, especially for small to medium shippers who play the spot market for their ...

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Low Sulfur Surcharge Controversy – Universal Cargo
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We promised to blog on this, so here it is… the controversy surrounding low sulfur surcharges. Big news events affecting the international shipping ...

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2020 Outlook for Ocean Shipping
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This is a guest post by Sandy Burkhart. Have you already started planning your shipping activities for the year that’s just started? Then you might want ...

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Ongoing Effects of Covid-19 on US Shipping Operations
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This is a guest post by Arslan Hassan. With the rise of a global pandemic, the world economies are on the verge of fall. By the world economy, we mean the ...

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Are Ocean Freight Carriers Profiteering from Global Crisis?
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A couple weeks ago, we posted a blog about how ocean freight carriers, in the middle of the coronavirus pandemic, went from being projected to lose as ...

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