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Carrier’s Q3 revenue per TEU up 142.7%

Carrier’s Q3 revenue per TEU up 142.7%

by FATS Marketing | Oct 12, 2021 | International News

Orient Overseas (International) Line has once again posted record earnings, with total revenue for the third quarter ending September 30 up from US$1 914.3 last year to US$4 313.7 this year. The overall load factor was 0.4% higher than the same period last...
New system speeds up car carrier loading by 40%

New system speeds up car carrier loading by 40%

by FATS Marketing | Sep 21, 2021 | International News

Loading of vehicles on car carriers just got a whole lot more efficient for Mitsui OSK Lines following the launch of an advanced car carrier cargo loading plan generation system using mathematical optimisation, a technology it has been working on with its group...
Skyrocketing freight rates once again under regulatory scrutiny

Skyrocketing freight rates once again under regulatory scrutiny

by FATS Marketing | Sep 9, 2021 | International News

Carriers’ inordinately high freight rates once again topped the agenda at the fifth biennial meeting of the Global Regulatory Summit convened to discuss competition issues related to the shipping industry. Federal Maritime Commission chairman Daniel B Maffei joined...
Don’t expect your cargo to arrive on time

Don’t expect your cargo to arrive on time

by FATS Marketing | Aug 27, 2021 | International News

Carriers are no less reliable – but they’re also no better. That’s the finding of the latest survey undertaken by maritime consultancy Sea-Intelligence. Its Global Liner Performance (GLP) report, which includes figures up to and including July, reveals that...

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