Drewry Supply Chain Advisors

Global logistics software group, WiseTech Global, acquires two leading global rate management solution providers, Netherlands based Cargoguide and North Carolina based CargoSphere.

China's major shipping operator COSCO Shipping Holdings and Shanghai International Port (Group) Co jointly announced a takeover offer today to all the shareholders of Hong Kong-based Orient Overseas Container Line Co (OOCL).

E-business-centred new entrants and new online platforms are starting to convert customers and change how companies buy and transact international shipping services, are freight forwarders at threat of being cast aside, and what are the fundamental changes driven by technology and market conditions?

Container shipping remains remarkably fragmented, with the top five operators accounting for less than half the global market, and this presents considerable opportunity for further consolidation.

Maersk has finalized its purchase of container shipping line Hamburg Süd from the Oetker Group after both boards approved a Sale and Purchase Agreement today.

Shipping anything internationally is a complicated series of steps, and the young shipping entrepreneur Ryan Petersen and his company Flexport are slashing those steps and helping clients find a faster, cheaper way to bring that package to your door.

A South Korean court on Friday pulled the plug on Hanjin Shipping Co., declaring it bankrupt and ordering the liquidation of a company that has led the country’s shipping industry for the past four decades.

Trade and transport analysts see a turnaround in last year’s negative market outlook, but as global GDP continues to gradually strengthen, carriers in all modes will be challenged to manage capacity while maintaining service levels, furthermore, sudden shifts in trade policies and agreements may also have an impact on rates.

With the acquisition, Maersk Line will have container capacity of around 3.8 million TEU and an 18.6% global capacity share, the combined fleet will consist of 741 container vessels with an average age of 8.7 years.

New Drewry report highlights ‘wide and varied threats and opportunities’ as innovative online platforms alter the way companies buy international shipping services.

A.P. Møller - Mærsk A/S, the world's largest shipping company by capacity, announced a slump in third-quarter profits on Wednesday due to low freight prices which it said were down 16 percent year-on-year.

The announcement that three Japanese shipping groups will merge their liner shipping businesses is further evidence of survival M&A sweeping the industry according to global shipping consultancy Drewry.

A record number of around 150 container vessels are expected to be scrapped in 2016 but it will not be enough for an industry battling over capacity, low demand and falling rates.

Ports, terminals, and ocean carriers currently comprise a family in severe dysfunction and denial, but can the intervention of shippers restore some badly needed order?

Our leading market analysts explain how shippers should ready themselves for sustainable demand and plan for incremental rate hikes.