This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The progress report follows Ship It Zero’s 2023 Report Card , where the campaign graded more than two dozen retailers and shipping carriers on their efforts to decarbonize and develop zero-emission fuels for maritime shipping. I KEA earned a B+ in our 2023 Decarbonization Report Card and was the highest scoring company overall.
The maritime transportation industry is undergoing significant transformation, driven by the increasing need for cost reduction, enhanced operational efficiency, and growing competition within the global supply chain. In response to these pressures, major shipping companies are increasingly forming strategic alliances. million TEUs.
Let’s take a look at the maritime industry’s game plan to reduce CO2 emissions. The Getting to Zero Coalition met this week to discuss how to turn the goal of a fully decarbonized maritime industry by 2050 into a workable plan. We need to reduce our carbon footprint as soon as possible! 50,000 Ships in Motion. What’s the Plan?
The risk of war is nothing new to the shipping, freight and maritime industry, having navigated through many of these situations. AMICIE is organizing a webinar on the subject on the 5th of March 2022 to discuss the impact of war and war-like situations on maritime trade flows. Title: Impact of War on Maritime Trade Flows.
DUCAT Maritime, a global maritime logistics company, has announced a significant milestone in its operations: the delivery of over 15 million tonnes of rice to West Africa since the company was founded in 2016. This contribution has helped sustain an estimated nine million people annually across the region over the past eight years.
Now, it has been announced that over 60 private and public maritime organizations, as well as various governments at the national and regional levels have banded together to make a bold commitment. The post Groups Recommit to Meeting IMO Climate Targets by 2050 with Latest Talks appeared first on More Than Shipping.
Enterprise shippers have always been an integral part of the maritime shipping industry and its partnership with truck fleet management. And likewise, maritime transportation has been a dominant player in global transportation for decades. Take a look at 8 shipping challenges in the maritime, or ocean, mode.
Maritime law, a distinct body of law governing maritime questions and offenses, is deeply rooted in historical practices and modern international agreements.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
We previously reported that last week, the International Maritime Organization (IMO) was meeting to see if they could agree on updated greenhouse gas emission reduction rules as climate change accelerates. The post IMO Agrees on New Plan to Fight Shipping Emissions After Meeting appeared first on More Than Shipping.
Addressing the topic of the environment and how shipping can journey towards being carbon neutral, Marwa El Selehdar said that “ as any vessel being put into operation by 2030 is likely to be operating for at least 12 to 15 years, the only way to meet the regulatory goals is to have zero emissions vessels.
The International Maritime Organization’s goal is that near-zero greenhouse gas emission fuels shall represent at least 5% of the energy used by shipping in 2030, while striving to hit 10%.
P&O Maritime Logistics, a leading provider of maritime services globally, today announced plans to convert one of its Multi-Carrying Vessels (MCV’s) into a Cable-Laying Vessel (CLV). Martin Helweg, CEO of P&O Maritime Logistics said: “The conversion of our vessel is a real step change.
Maritime Transport, the UK’s leading provider of integrated road and rail solutions, has turned to Tiger Trailers for its latest order of curtainsiders, based on the manufacturer’s reputation for high quality products, efficiency, and a customer-focussed approach. Maritime Transport’s one hundred 13.6m
The global shipping industry is not on track to meet its target of having zero-emission fuels account for 5% of all fuels by 2030. The International Maritime Organization (IMO) set a goal of ensuring that zero- or near-zero emission fuels make up 5% to 10% of all shipping fuels by 2030. The remaining 14 are only ‘partially on track’.
The CEOs of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO), the global regulator, to create the regulatory conditions to accelerate the transition to green fuels and maritime decarbonization.
Efficient Route Planning and Cost Management With rising fuel prices and increased delivery expectations, optimizing routes will be crucial for reducing costs and meeting customer needs. How to Adapt: Investing in hybrid or electric vehicles for local deliveries can help companies meet emission standards while saving on fuel costs.
The port aims to enhance South America’s trade potential and meet the vast population needs of China. Located in the northwest part of the project area, it includes the Punta Chancay massif, the surrounding maritime area, the bay extending eastwards, and the maritime zone extending south of Punta Chancay.
From large retailers to small to midsize importers, based on our conversations and meetings with our clients, the overall sentiment is clear: bring shipments now and store them in U.S. Regardless of the sourcing shift from China to elsewhere, there is not a single country that comes to close to this number to meet sourcing demand.
600(15) of The International Maritime Organisation (IMO) became mandatory on 1st January 1996. Ratification of major international maritime treaties. A flag State is required to ratify International Maritime Conventions such as SOLAS and if not, it should be able to provide good reason for not having ratified any of the instruments.
Some people think carbon capture onboard is going to be important in meeting emissions goals for ships. There is some entrepreneurship, and some interest by large oil producers and purveyors. However, many problems remain to be solved. There is essentially … Continue reading →
Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. Shippers need to know that there will be enough equipment available to meet their shipping requirements.
Heads of the world's leading associations for the world port community met recently in London at the Baltic Exchange to establish a stronger, unified voice of the port sector in the maritime industry as a whole. "It IMPA - International Maritime Pilots Association. Navigating a Changing Climate. Taskforce Port Call Optimisation.
1: Live ocean schedules and maritime news. CargoSmart nailed it with BigSchedule , a big-data portal that provides a bird’s-eye view on global maritime activity. Mixmax unleashes true email power, with amazing automated meeting schedulers, live tracking to see if your emails were opened, scheduled email reminders and more.
The shipping industry is required to meet emissions and efficiency standards and despite the push to meet these requirements, the shipping industry is still a major contributor to global carbon emissions. Electrified Containership Fleets. Electrification would have a minimal impact on shipping capacity. shipping sector.
inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. One further major indicator we need to take into consideration was the final session of the 2022 FIATA HQ meeting in Geneva last week. The shipping ecosystem is ever-changing.
Department of Transportation Maritime Administrator Admiral Ann Philips and U.S. The new project’s completion is very important for meeting future capacity, as the post-Covid era showed that major global supply chain woes can arise at anytime from “black swan events” and additional capacity is critical.
With all the issues with international supply chains and ocean shipping in particular, the main priority of all involved now is getting the goods to their warehouses with reasonable cost levels and being stocked up to meet the customer demands while keeping everyone’s sanity. Around 80% of global trade by volume is carried by the ocean.
2019 was quite the year for maritime disasters with ships on fire , containers falling off ships etc. 2020 seems to be hitting the industry in other ways which could also be considered a kind of maritime disaster. This information has been passed on to NSW Maritime.
Maritime trade has always had its ups and downs due to product cycles throughout history. Since over 80% of traded goods are moved via the sea (UNCTAD; Review of Maritime Transport 2021), we can confidently say that the entire developed world depends on sea transportation to survive.
The post New DC at London Gateway to meet ‘unprecedented’ demand appeared first on Logistics Business® Magazine. This performance contributed to a record volume of cargo for DP World’s ports in the UK, with a combined total of 1,937,000 TEU when factoring in throughput at Southampton, Britain’s second largest container terminal.
By making these changes and implementing such tools, organizations can maintain the speed and meet business needs effortlessly. AI and Machine Learning: The Future for Logistics Additionally, organizations and IT companies can achieve remarkable results by integrating AI and machine learning into existing and new software.
Companies like Amazon, Alibaba, and other online retailers are importing vast quantities of goods to meet consumer demand. The International Maritime Organization (IMO) projects that global seaborne trade will grow by 3.4% The average cost to ship a 40-foot container has more than tripled compared to pre-pandemic levels.
Meet Michael Webber: Unmasking the Secrets of Corporate Governance in Ocean Shipping since 2016. His Annual Scorecard Reveals All - Good, Bad, and Ugly. Discover How Investors Are Reacting to Low Ratings and Why IPOS are Failing. Unraveling the Tangled Web of Related Party Transactions for Shareholder's Benefit.
However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. The guide is intended to provide an overview of the key practical duties under the IMDG Code for each stakeholder, while not seeking to meet the mandatory training requirements.
Climate Change and Extreme Weather Threats to maritime infrastructure and vessel operations could come from rising sea levels and more frequent extreme weather events. In order to meet these challenges and guarantee the industry’s continued growth and success, its capacity to innovate and adapt will be essential.
” In a recent video message to union members, shared during the September meeting, Dennis Daggett, executive vice president of the ILA and son of Harold Daggett, described automation as a “cancer” in the port industry. He also called semi-automation a “back-avenue into automation.”
On Thursday, the union had a monthly meeting and Friday, employees stayed home to observe the religious holiday. The International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) have been unable to come to an agreement on a new contract with the focus being on wages and the role of automation at the ports.
Decarbonisation of the global maritime industry could support the creation of up to four million green jobs by 2050. Based on Green Jobs and Maritime Decarbonisation , new analysis by the Global Maritime Forum and Arup. trillion of infrastructure investment.
The coming months are going to be a real test of the shipping industry in terms of how it can manage capacity and coordinate to meet the needs of customers. Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. The statistics are startling.
The International Maritime Organization (IMO) adopted tougher greenhouse gas emission targets for the global shipping industry on Friday. The IMO is a United Nations agency responsible for creating a regulatory framework for the global shipping industry. The member states have agreed to tougher standards. The new pledge is squishy.
GateHouse Maritime and Satlock are working together to provide customers with the power of real-time, end-to-end monitoring of cargo and logistics operations. Launched in 2021, the two companies have now agreed to work together for at least three years. Increased demand for ocean visibility.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content