International shipping over the ocean is still one of the U.S.’s most well-used methods for shipping goods port-to-port. Among transportation methods, it is one of the safest and most reliable, and ships can transport relatively large amount of goods at lower financial and resource costs when compared with air transport vessels.
But changes in our understanding of fuels, environmental impact, and economy are also shifting the way the overseas freight shipping industry operates. The evolution in marine transport is significant; the industry is still responsible for the largest amount of shipped goods among developed countries.
Modern marine transportation suffers most greatly from some of these challenges:
Transportation of goods relies heavily on overseas freight shipping. That’s why numerous investors and business professionals have built ocean shipping companies into empires. But even among the largest of these companies, competition is heated, so transport ships and their operators have to reduce expenses as much as possible to maintain profitability.
Doing so means balancing maintenance costs with shipping fees while simultaneously seeking the best fuel efficiency for the demands of international ocean shipping. High-efficiency equipment must be kept free of deposits and soot, and fuels must be selected based on their ratio of organic components and weight.
Buildups of garbage, oil, and sulfur in the ocean have led to stricter environmental regulations with which ocean shipping companies must comply to continue legal operation in marine transportation. Keeping emissions low, including deposits in the atmosphere and the ocean, is essential to modern marine transportation.
However, that means that international freight shippers must pay for more expensive fuels at scale. Longer journeys for goods make costs multiplicative; shipping companies need to find new ways to ensure that their vessels carry enough goods to their destination using more expensive and environmentally friendly fuels to keep profits growing.
But even in areas in which environmental regulations are less strict, the marine transportation industry’s favorite fuels, marine gas oil (MGO) and marine fuel oil (MFO), need special treatments such as oil-soluble combustion catalysts to keep fuel consumption low and maintenance costs down. Despite the relatively high energy content of MGO and MFO, new and increased expenses for overseas freight shipping make fuel efficiency considerations indispensable.
New Transport Ships
Megaships designed to squeeze the largest amount of profit out of each trip across the ocean don’t just save money for the ocean shipping companies that can make use of them; they also cause shipping rates to plummet universally. That drives profits down for smaller private international freight shippers, which means their vessels and capacity see reduced usage.
Overseas freight shipping is in the midst of change – for better or worse, however, we have yet to see. For now, people and companies looking to ship goods can enjoy low shipping rates, but the marine transportation industry will need to find an answer to those rates in the form of continual improvements to shipping methods.
As a shipper, you can enjoy the cost-saving logistical expertise and methodology of Global Shipping Services ocean freight transportation service no matter the challenges faced by ocean shipping companies. Let us know the scale of your shipment and we’ll help you get a quote as quickly and thoroughly as possible.