In cargo shipping, increased efficiency and capacity are always crucial goals. In recent years, dedicated container ships (colloquially known as box boats) have increased in size as operators attempt to cram in more goods and containers. How many containers can a ship carry today, and just how much bigger can this type of seagoing vessel get? Some experts believe there is no limit to the size of container ships, while others suggest that further increases
Container shipping is one of the world’s most critical and efficient forms of transportation. It allows businesses to move large quantities of goods quickly and cheaply between countries and has played a significant role in the globalization of trade. Here’s everything you need to know about the container shipping industry and its role in international trade. What is Container Shipping, and What Are the Benefits of Using it? Container shipping is a method of transporting
With expanding environmental regulations worldwide and increased customer and stakeholder expectations for sustainability, successful companies are adapting their operating models to not only provide reliable service at a low cost but to do so responsibly. Although container shipping is one of the most environmentally sustainable modes of transporting cargo used today, the call for improved sustainability continues. Because the industry accounts for one-third of global trade, it has a big environmental footprint. Leaders in the
Global alliances are strategic cooperation agreements between major linear shipping companies around the world. Alliances are a critical part of modern shipping. Their arrangements allow carriers to avail of economies of scale and economies of scope, which are essential components of efficiency in a cross-continental industry. By combining both physical resources and service offerings, carriers can increase revenue, extend their coverage, and experience benefits across a variety of operations. Collaboration can reduce high fixed-costs, making
The container shipping industry involves many companies operating in various environments, attempting to move goods as cost-efficiently and as quickly as possible. The industry is a huge business and is set to grow according to consumer demand, and advances in technology are crucial to meeting customer expectations. Keeping abreast of the following global trends could help you thrive in a fast-paced environment. 1. Increases in Port Utilization There has been a substantial increase in the