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Wegmans invests $110M in its supply chain
The grocer is building a new facility in its home base of upstate New York and consolidating operations to limit its reliance on third-party providers.
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MSC eyes Meyer Werft
Cruise and container giant Mediterranean Shipping Co (MSC) is in talks over a possible investment in German shipyard Meyer Werft. Bloomberg and multiple German media have reported MSC is negotiating for a possible acquisition of the 80% stake in Meyer Werft currently held by Germany’s federal government and the state …
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ATE Energy brings new cable layer into Taiwan market
Taiwanese offshore engineering player ATE Energy International has brought its new cable-laying vessel Oceanus 1 into service, adding another locally based installation asset to the country’s growing offshore energy supply chain. The Taiwan-flagged DPS-2 vessel arrived in Kaohsiung on September 16 following handover f…
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Turkey delays Black Sea FPU deployment
Turkey has pushed back the planned departure of the Osman Gazi floating production platform from Filyos Port to late October, delaying its deployment to the Sakarya gas field in the Black Sea. Energy and Natural Resources Minister Alparslan Bayraktar had previously said the unit would leave Filyos at the end of Septem…
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Marfret orders boxship pair at Chinese newcomer yard
Marseille-based liner Marfret has signed for two feeder containerships at China’s Hubei Guangji Green Energy Shipbuilding, handing the recently commissioned Yangtze yard another overseas order. The contract covers two 480 teu ships. Pricing and delivery dates have not been disclosed. Shanghai Merchant Ship Design and …
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FBI, Coast Guard probe suspected cyberattacks on ships entering US waters
The investigation comes at a time of heightened vigilance over U.S. port facilities and maritime security.
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When demand won’t sit still: Building a more flexible warehouse network
See how flexible warehousing can help supply chains adapt as demand, inventory and markets shift.
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The hidden cost of operating two shipping systems
Freight sat out the shipping consolidation trend. Here's what closing that gap actually looks like.
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When budget cuts fail: The stranded costs and complexity hiding in your supply chain
Cost programs fail for two reasons: stranded costs and complexity. Learn which complexity protects your margins and which costs quietly erode them.
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Transpacific-Europe rate gap blows out to record
The world’s two great east-west container trades are moving in dramatically different directions, with the gap between transpacific and Asia-Europe spot rates widening to unprecedented levels. Clarksons Research said in its latest Shipping Intelligence Weekly that “geographic divergence” continued in the container fre…
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ClarkSea Index surges 27% above 2007 peak
Clarksons’ cross-sector ClarkSea Index continues to record new all-time highs as strong conditions spread across gas carriers, bulkers, containerships and car carriers to go alongside the extraordinary earnings seen in the crude tanker sector. The ClarkSea Index climbed another 14% on Friday to $64,569 a day, propelle…
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FedEx levies fees on US imports from Canada, Europe and others
The demand surcharges, which also include higher fees for China-to-U.S. volume, will take effect as parcel shippers gear up for peak season.
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Maersk confirms 26-ship newbuilding spree
Maersk has confirmed orders for 26 large containerships, ending days of speculation over a major fleet expansion programme. The Danish carrier said on Friday that all 26 ships will have capacity of 18,600 teu and will feature dual-fuel engines capable of operating on LNG. Deliveries are scheduled across 2029 and 2030.…
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TJX CEO: Distribution model will help weather El Niño
The off-price retailer’s supply chain strategy allows it to hold inventory instead of going straight to stores, according to a Q2 earnings call.
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3 tips from Chewy’s COO on gaining a last-mile delivery edge
Personalization and close carrier collaboration can help shippers win in a space where Amazon and Walmart loom large, Scott Anderson told Supply Chain Dive.
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Turkey pushes Black Sea truce
Turkey has presented Russia and Ukraine with a draft proposal aimed at ending attacks on commercial vessels in the Black Sea, the latest attempt to contain a maritime conflict that is taking an increasingly heavy toll on merchant shipping. Ankara has shared the text of a memorandum with both Moscow and Kyiv designed t…
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Splash Wrap: When the boom spills over
The most extraordinary numbers this week came from tankers, where the Baltic Exchange’s Middle East Gulf-China VLCC benchmark broke through the equivalent of $1m a day for the first time. VLCCs loading outside the Gulf are earning close to a million a day too, suezmax and aframax markets are flying and 10-year-old VLC…
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Turkish yard wins race for Croatia’s Uljanik
Croatia has selected Turkey’s Kuzey Star Shipyard to take control of Uljanik Brodogradnja 1856, moving the historic Pula shipbuilding operation closer to private ownership after years of state-backed restructuring. The Croatian Centre for Restructuring and Sale, CERP, has accepted Kuzey Star’s binding offer of EUR12.0…
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SC Ports, Norfolk Southern’s intermodal service grows Southeast reach
The daily rail service to Huntsville, Alabama, extends the Port of Charleston's connectivity to more markets, including Middle Tennessee.
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San Pedro Ports seek zero-emission truck usage boost via new incentive program
The proposed program would pay up to $36,000 per year for qualifying trucks that operate at the port complex.
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Transito launches combined sea and inland freight service
Dutch chartering company Transito has launched a new service combining sea freight and inland shipping under one contract, as low water levels and other disruptions put more pressure on cargo movements between European seaports and the hinterland. The service, named Total Freight, covers the sea voyage, port handling,…
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Advantage Tankers doubles up at Samsung with $200m suezmax pair
Geneva-based Advantage Tankers has been linked to another pair of suezmax newbuildings at Samsung Heavy Industries, doubling up at the South Korean yard as its tanker ordering spree continues. Shipbroking sources have placed the Tugrul Tokgoz-led owner behind two crude tankers Samsung disclosed this week as part of a …
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America’s copper paradox sets up new seaborne trade flows
Washington wants to bring the copper supply chain home, but the result could be record refined imports in one direction and US-mined concentrate heading back out to sea in the other. US copper policy is beginning to produce exactly the kind of trade-flow distortion that creates new opportunities for shipping. Broker B…
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USPS network revamp challenges on-time delivery from rural areas
An initiative to reduce trips to and from post offices far from major processing facilities has disproportionately impacted rural customers, per an agency watchdog report.
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Munchkin taps 20-year industry veteran as first chief supply chain officer
Former Thrasio and Walmart executive Kunal Thakkar joined the baby product maker last month to lead global operations and sourcing, among other functions.
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Good Culture names COO to scale supply chain
Kirk Jensen will focus on strengthening supply chain and manufacturing operations at Good Culture to improve availability and speed to shelf for retail partners, CEO Jesse Merrill said.
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CMA CGM tipped for $3bn Yangzijiang megamax order
CMA CGM has emerged as the likely liner behind plans for another dozen 24,000 teu megamax containerships at China’s Yangzijiang Shipbuilding in a programme potentially worth around $3bn, as rival Maersk is also reported to be sounding out yards for a major new round of ultra-large tonnage. Broker MB Shipbrokers has li…
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Germany opens bridge to non-EU captains
Germany has relaxed one of the more restrictive crewing requirements among major European maritime nations, allowing non-EU nationals to serve as masters and senior officers aboard German-flagged ships. An amendment to the country’s Safe Manning Ordinance now gives owners the option to use masters and officers from ou…
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Maersk overtakes COSCO to become largest intra-Asia carrier
Maersk has overtaken COSCO to become the largest operator in the fiercely competitive intra-Asia container market, the world’s largest container trade, according to the latest fleet survey from Alphaliner. The Danish carrier had more than 340,000 teu deployed across intra-Asian services in mid-August, having added aro…
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KeelX: Make saying yes to maritime technology less risky
KeelX, the focus of this week’s Maritime CEO, grew out of shipowner Lemissoler’s attempt to solve its own operational frustrations: plenty of vessel data and software, but still too much manual work between identifying a problem and doing something about it. The answer was not another dashboard. It was a platform brin…