News

IMO talks work towards climate goals



May 22, 2019 /

Tightened energy efficiency targets and a commitment to further discuss proposed speed reduction rules were the key outcomes of the International Martime Organisation's (IMO) latest round of talks, held in London last week. But environmental campaigners were quick to argue the results showed a "total lack of ambition" on the part of the shipping industry, which…


Maritime black carbon emissions must decrease



May 15, 2019 /

The Clean Arctic Alliance has issued a call for international shipping operators and national governments to cut maritime black carbon emissions. Black carbon particles are predominantly produced by ships burning heavy fuel oil; when black carbon is released by vessels operating in the Arctic region, the particles reduce the reflectivity of ice and snow –…


Air cargo carriers develop online distribution



May 15, 2019 /

After years of criticism that cargo airlines were failing to develop new distribution channels - the increase in digitisation and online sales means online distribution is on the increase.  Air France-KLM Cargo has signed up to Freightos’s air freight WebCargo platform, which claims to be the world’s largest. It allows AF-KLM customers to view live rates, assess capacity availability…


Vessel emissions won’t be cut by sailing slower



May 8, 2019 /

Policy director of the UK Chamber of Shipping Anna Ziou has slammed French proposals to impose speed limits as a way to cut shipping emissions. She claims it would give a “false impression” of the industry taking action.  Ms Ziou’s objection follows an outcry from container lines following the French IMO delegation’s proposals becoming public last month.  “To achieve a 50%…


China-Europe rail service exports grow by 106%



May 8, 2019 /

China’s Belt and Road initiative (BRI) may have faced recent strong criticism from the EU, but that has not dented the growth in its exports to Europe. Chinese officials have claimed a 106% increase in the value of cargo travelling by rail from China to Europe, equating to some $33bn. Xiao Weiming, from the office of…


$586m loss hits ONE’s parent carriers



May 1, 2019 /

Japanese merged carrier Ocean Network Express (ONE) recorded a net loss of $586m in its first year of operation, however it said it expected to move into the black in its second year.  ONE, formed from the container businesses of K Line, MOL and NYK,was supposed to produce synergistic returns for its parents. Instead it has dragged down the P&L…