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Will International Shipping Rates Rise in 2020 | Red Arrow Logsitics
With a tumultuous 2019 within the shipping industry, many are wondering how the new year will play out with many global changes on the horizon.  Major factors such as the implementation of the IMO 2020 regulations and the ongoing trade war between the U.S. and China are sure to affect the international shipping rates for […]
Maritime Cyber Security Threats and Solutions | Red Arrow Logistics
Maritime Cybersecurity… A few years ago, a spate of attacks captured the world’s attention as Somali pirates hijacked ships and held crews for ransom. The attacks grew more frequent, peaking around 2011, around the time of the dramatic hijacking of the Maersk Alabama— that incident was even adapted into a film starring Tom Hanks. But […]
On January 1, IMO regulations will come into effect and kick off a shift to lower sulfur marine fuels. The new regulations require marine fuels to have a sulfur content of 50 ppm, down from the current standard of 350 ppm. In practice, that means the ships are now beginning to start cleaning out their […]
At G7 this year, a surprising new voice spoke up in favor of mandatory slow steaming. French President Emmanuel Macron called slow steaming “one of the most effective ways to reduce greenhouse gas emissions globally.” His support comes in the wake of a spring open letter to IMO from shipping companies that praised “The real-world […]
On September 18th, workers at the Port of Qingdao, China, lined up to welcome the Tian Xi, a vessel owned by COSCO arriving from Finland. The vessel got a welcome ceremony because it had arrived in China via a particular route: the Tian Xi had traveled through the Arctic, along the emerging Northern Sea Route. […]
Lately, it seems the shipping industry is staring down an all too familiar problem: the race to the bottom. This means annual RFPs and frequent carrier switching, costing shippers money as they spend time finding and onboarding new carriers. But it doesn’t have to be this way. With a bit of innovation, carriers can find […]
Shipping is cleaning up its act, but not everyone appears to be ready. Oceangoing vessels have burned heavy oil, the world’s dirtiest propulsion fuel, since switching over from coal. Starting on January 1, 2020, the industry will take a big step in the right direction– but for some, that step may be more of a […]
The container shipping industry has long had a healthy market environment with a wide selection of carriers to choose from. But in just the last few years, the industry has seen a sharp increase in consolidation. Some experts warn that we’re witnessing the formation of a loose oligopoly in container shipping. So how did this […]
Peak season is always a hectic time for shippers, carriers, and logistics professionals. While its arrival (from about mid-August through mid-October) is fairly predictable, it’s a season characterized by abrupt changes in the shipping landscape. However, even by peak season standards, 2019’s pre-Christmas rush may be in a class by itself for sheer unpredictability. There […]