June 13, 2018 /
Shanghai are working towards becoming an International Shipping Centre by 2020. To achieve the target and raise the city’s core competitiveness, the local government has drafted a three-year plan. One goal of the three-year plan is to further consolidate Shanghai’s status as an international shipping hub. In the Chinese mainland, the Port of Shanghai boasts…
May 9, 2018 /
China plans to stop allowing the recycling of international ships at its yards as of the beginning of 2019. The decision comes on the back of China’s efforts to crack down on polluter and waste producing industries in the country, which have seen many yards denied their ship recycling licenses. The Chinese-flagged ships will be allowed to…
RealWire, an online media presence, has this week issued a press release related to using proven existing technology to curb UK Shipping and Port Industry air pollution. According to RealWire, providing renewable electricity to ships whilst in port in the UK could reduce the equivalent of 1.2 million diesel cars worth of nitrogen oxides pollution…
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…
The Karachi Port Trust (KPT) has ordered investigations into the collision between two container ships that took place at the Karachi port this week. The incident occurred on Monday at a private terminal - South Asia Pakistan Terminals - affiliated to Karachi Port when a cargo ship during berthing slightly hit an anchored cargo ship.…
Following on from our article concerning Chinas expansion into the Arctic, this week there has been a first for shipping, as the first commercial tanker crosses the Arctic sea route in winter. Thawing polar ice in the region of Russia’s Northern Coastline means that this could be a viable option of increasing maritime trade…
According to The Loadstar, Hauliers and logistics operators are warning UK shippers and consignees using the country’s second busiest container gateway, Southampton, of higher land side rates, as costs rise as a result of growing box congestion. The congestion has been a longer term effect of the new alliance structure, which came into effect in April 2017. It was…