Drewry’s latest five-year global container port demand forecast is 4.3% per annum, up from last year. The maritime consultancy made the announcement in its summary of the key trends and developments in the global container port and terminal industry. Projected port capacity expansion is 2.7% per annum, so average utilisation levels will rise, said Drewry.…
Following on from our earlier article concerning shipping emissions, over 170 countries reached agreement on Friday (13 April) to reduce CO2 emissions from shipping by "at least" 50% on 2008 levels by 2050, ending years of slow progress. Despite opposition from nations including Brazil, Saudi Arabia and the US, the states came to a final…
The first magenta containership of the Japanese merged containership business, Ocean Network Express (ONE), has been launched at Imabari Shipbuilding in Japan. The 14,000 TEU ship is named ONE Manato and will now undergo final touches before it gets delivered in December 2018, data from VesselsValue shows. It is the first tailor-made boxship for the company,…
Next week, countries are supposed to finalise a deal on limiting greenhouse gas (GHG) emissions from international shipping. The International Maritime Organisation (IMO) environment meeting in London is expected to set a concrete target for shipping emissions in the coming decades. After the Paris Agreement and a deal on emissions from International Aviation, shipping is…
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