Questions continue to be raised over the announcement that the UK government intends to establish a series of freeports across the country after Brexit. Trade secretary Liz Truss called on airports and ports to bid for the scheme, saying: “Freedoms transformed London’s Docklands in the 1980s, and Freeports will do the same for towns and cities…
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Japanese carrier Ocean Network Express (ONE) has posted its first quarterly profit since the merger of the container businesses of K Line, MOL and NYK on 1 April last year. ONE recorded a net profit of $5m in the first quarter of its fiscal year, which ends 31 March 2020, and has upgraded its outlook…
Seventeen months after a devastating fire which resulted in the loss of 5 lives, Maersk is set to send the 15,282 teu boxship Maersk Honam back on active duty. The owner decided to reuse the stern section in a new ship, to be constructed at a South Korean shipyard. The damaged bow section and the…
Niche transatlantic carrier Independent Container Line (ICL) is to move its UK call from Liverpool to Southampton to improve schedule reliability. The US-headquartered, privately-owned shipping line has been serving Liverpool for the past 20 years, calling at the Mersey port along with Antwerp in a two-port North European hub strategy. However, ICL claims deteriorating weather…
Around 16% of the ocean carrier global fleet – equating to 36% in terms of teu capacity – will be equipped with exhaust gas cleaning scrubber systems to comply with the IMO 2020 0.5% sulphur cap. Ships with approved scrubber systems installed will be allowed to continue to burn heavy fuel oil (HFO) after 1…
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…
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 –…
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%…
The government has announced plans to phase in for EU imports the pre-arrival forms known as Entry Summary Declarations, if the UK leaves the EU without a deal. Officials on Monday held a series of meetings with organisations who represent the haulage industry and handle a significant portion of the UK’s cross border trade, to…
The prospect of unmanned container vessels serving global container supply chains has taken another step forward. Sea Machines Robotics, a US developer of autonomous vessels, announced it had raised $10m from venture capital funds. The investors were led by Accomplice VC and Eniac Ventures, but also include Toyota AI Ventures, TechNexus Venture Collaborative, NextGen VP, Geekdom Fund,…