Corianne Egan is associate editor with the JOC.
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The international shipping industry is only spending 0.1 percent less on bunker fuel than it was 24-weeks ago, but that fluctuation equates to big savings: $117 million daily.

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CMA CGM will use at least some of its new reefer fleet to serve growing produce trade between countries bordering both the Black Sea and the Mediterranean.
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Trans-Pacific carriers only achieved half the general rate increase gain they hoped to via a $600-per FEU hike, Drewry Maritime Research said today.
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Two global logistics companies will set up shop in the Goodman Group’s newly-constructed Xiqing Logistics Park in Tianjin, reflecting the demand for modern warehousing to serve booming Chinese e-...
A $1.5 billion expansion to Ghana's port of Tema will make it the largest port in West Africa and allow it to reduce congestion driven by robust growth, the Ghana Ports and Harbours Authority (GPHA...
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Retailers are on the losing end of U.S. port congestion, forced to make costly, last minute transportation decisions because of clogged U.S. West Coast ports cargo delays.
The Port Authority of New York-New Jersey will spend the next four months finding out from shippers, carriers and other port users how to reduce truck transport across the Hudson River and New York...