Search results for: CargoSmart

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  • 9 April 2020
    Innovation, Technology

    Tech firm CargoSmart Limited has carried out a pilot project with ocean carrier COSCO Shipping Lines using blockchain to share shipment data with a terminal operator in real-time. Apart from COSCO, Shanghai International Port Group (SIPG), and Tesla (Tesla) took part in the project which took place in December 2019. As part of the process, […]

  • 28 December 2018

    Schedule reliability of the 20 top ocean carriers across 25 trade lanes rose by 5.3 percent from October to November 2018.

  • 25 April 2018

    CargoSmart: Carriers’ schedule reliability decreased by 1.6%, from 59.6% in February 2018 to 58% in March 2018.

  • 9 August 2018
    Business & Finance

    CargoSmart: Ocean carriers’ schedule reliability increased by 6.6% to 69.3% in June 2018.

  • 21 November 2017
    Business & Finance

    Carriers’ overall on-time schedule reliability increased by 3.3%, from 64.3% in September 2017 to 67.6% in October 2017, latest data from intelligence provider CargoSmart shows. Regarding schedule reliability by trade, 10 of the 12 trades increased from September 2017 to October 2017. The Asia-Africa trade experienced the largest improvement in reliability, increasing by 11.5% to 45.9% in […]

  • 23 May 2017

    Carriers’ overall on-time and transit time reliability decreased in April as the great migration of vessels ensued amid launching of the mega ocean shipping alliances, 2M, OCEAN Alliance, and THE Alliance on April 1. Namely, the on-time reliability in April decreased to 59% from 63% in March 2017, according to the latest data provided by […]

  • 21 June 2017
    Business & Finance

    Carriers’ overall on-time schedule reliability improved 4.7%, increasing from 58.6% in April 2017 to 63.3% in May 2017, according to the latest data provided by intelligence provider CargoSmart. Regarding schedule reliability by trade, 10 of the 12 trades improved from April 2017 to May 2017. The trans-Atlantic trade experienced the largest improvement in reliability, rising by 21%, […]

  • 30 October 2019
    Business & Finance

    Ocean schedule reliability for third quarter was 75.7%, slightly higher than in the second quarter of 2019.

  • 19 December 2017
    Business & Finance

    Nine of the 12 trades saw a decrease in schedule reliability from October 2017 to November 2017.

  • 25 July 2017
    Business & Finance

    Carriers’ overall on-time and transit time reliability improved by 6.8%, increasing from 63.3% in May 2017 to 70.1% in June 2017. Reviewing schedule reliability by trade, nine of the 12 trades improved from May 2017 to June 2017, according to the latest data from intelligence provider CargoSmart. The three trades with decreasing schedule reliability were Asia-Africa, […]

  • 28 March 2017
    Business & Finance

    Ahead of the launch of the reshuffled alliances in April 2017, the shipment services provider CargoSmart said that the new combinations will include many direct route changes, both dropped routes and newly added routes, across the major trade lanes. After the alliance service adjustments, over 150 port pairs will be dropped from the Asia-Europe trade […]

  • 5 November 2014
    Business & Finance

    Shipping consultancy Drewry and shipment management software solutions provider CargoSmart have expanded their cooperation agreement to cover a broader exchange of market intelligence data on the container shipping market. The two companies first announced their cooperation agreement in April 2012, when Drewry began using data from CargoSmart to augment its coverage of ocean carrier service […]

  • 23 January 2018
    Business & Finance

    CargoSmart: Mega vessels did not have a major impact on port performance in 2017.

  • 12 July 2019

    Data sharing is an important aspect of the maritime industry’s digitalization efforts.

  • 19 September 2017

    In the aftermath of the diplomatic fallout with its neighbors, Qatar has seen the number of vessel arrivals at its ports more than double from 29 vessels in June to 69 vessels in August, data from CargoSmart shows. To remind, the sanctions imposed in June against Qatar saw air, sea, and land border connections with […]

  • 5 September 2019

    The index will aim to help shippers optimize their supply chains.

  • 27 February 2020
    Business & Finance

    Nine ocean carriers and terminal operators have signed a shareholders’ agreement.

  • 6 November 2018
    Business & Finance

    Nine ocean carrier majors and terminal operators signed to unlock the potential of blockchain.

  • 22 August 2017
    Business & Finance

    Deployment of bigger container shipping vessels to the United States East Coast ports is yet to take place as carriers take their time to reshuffle their vessel schedules. Despite the removal of infrastructural obstacles that prevented bigger ships from entering East Coast ports, including the expansion of the Panama Canal and the most recent raising […]

  • 25 July 2017
    Business & Finance

    Danish container shipping giant Maersk Line and its 2M partner MSC are diverting four boxships from their joint Transatlantic TA3 service from APM Terminals to Europe Container Terminals (ECT) in Rotterdam. The impacted vessels will be Maersk Kawasaki, Maersk Kure, MSC Charleston, and Maersk Kowloon, Maersk Line said in an advisory. “This change is dictated by the current situation […]

  • 18 October 2017
    Business & Finance

    Although various carriers are intensifying their efforts to digitise some of the transactional parts of their business, it is still unclear if technology will finally transform the container shipping industry, according to Alphaliner. About half of all bookings for container shipments continue to be made manually, while up to a third of shipping invoices are […]

  • 27 June 2017

    Oman seems to have benefited considerably on the back of the Qatar-Gulf Crisis as it has seen the number of vessels berthing in the country jump by 75 pct during the same week as the diplomatic fallout, CargoSmart’s data shows. Specifically, prior to the dispute the highest number of recorded vessel arrivals per week from March […]