Tag Archives: ocean shipping

Carrier reliability reaches new nadir in Q1

Ocean carriers need to worry big time. If they cannot fix the reliability problem they will soon be pre-empted by those who do.

Intra-Asia specialist MCC, a wholly owned subsidiary of Maersk Group, achieved a highly commendable monthly average on-time reliability of 75.2% in Q1

75% is not acceptable in supply chains, though it is called highly commendable. That means most are worse!!!

Anyone who offers premium service (like Amazon two-day) which is highly reliable will soon get all the business.   Maybe bespoke services with premium standard delivery will steal all the business. It can work both ways, too. Some 3PLs may be moved to partner with the premium services to boost volumes and guarantee better reliability.

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logo  via Carrier reliability reaches new nadir in Q1 as premium services gain ground – The Loadstar

 
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logo  via Shippers push carriers toward bespoke container services to boost reliability – The Loadstar

Blockchain Currency Ready for Container Shipping

Here is a well written story on the 300cubits ICO blockchain offering coming up.  It gives some of the philosophy behind their idea.

Maritime Executive Logo  The Hong Kong-based company 300cubits aims to partially replace U.S. dollars in the container shipping industry with a token soon to be launched on

Source: Blockchain Currency Ready for Container Shipping

Tackling 2020 Sulfur Limits

Tackling 2020: the impact of the IMO and how shipowners can deal with tighter sulfur limits

This special report from S&P and Platts documents the issues for ocean carriers, and the strategies they might employ.  The report is detailed and interesting, and important reading for shipping executives.

Ocean shippers will be more tightly coupled into world petroleum markets, and their prices will be more volatile and depend on other supplies and demands, more so than before.  There’s potential for the supply of proper bunkers and its location to alter trade routes and even the profitability of some export trades, especially in agricultural products.

And the strategies ocean shipping owners can use are limited; they include noncompliance, too, which may get them in a lot of trouble, but would save a lot of money in upfront expense for scrubbers, new ships, or for a specialized fuel rather than MDO.

The report is well worth a read.  You have to register to get it, but it’s free.

plattslogo  Special report
The International Maritime Organization’s decision to tighten sulfur limits on bunker fuel has left shipowners with a dilemma they continue to brush aside. S&P Global Platts weighs up the options and the implications for the shipping industry, the market and refiners as the 2020 deadline approaches.

Download the report…

SR-tackling-2020-imo-impact-shipowners-tighter-sulfur-limits