Swire joins zero carbon initiative 
With approx. 70.000 ships consuming 300 million t of fuel per annum, global shipping accounts for around 3% of global carbon emissions, a share that is likely to increase as other industries tackle climate emissions in the coming decades. That's why John Swire & Sons,... more
The Swiss "Briese"
Swiss investors are playing their part. Briese Schiffahrt (Schweiz), the Swiss branch of the German company of the same name, recently placed its first newbuild multi-purpose vessel «BBC Ukraine», which is part of a series of ten Briese F-500 multi-purpose vessels commissioned... more
Coalition for an ammonia-based engine
It is their first joint project for ammonia conversion: technology group Wärtsilä and Norwegian ship owner Eidesvik Offshore have signed a partnership aimed at converting an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine. The partners have set... more
What if vessels collided in Tokyo Bay?
Risks at sea are growing. In October, Japanese shipping company K Line carried out the "emergency response exercise” as a part of training for emergency response to major maritime accidents. The scenario of the exercise developed when an ore carrier chartered by K Line... more
China-USA freight rates relax grip
In its current analysis, New York-based intelligence provider and digital freight forwarding company Shifl notes that China-US spot freight rates have passed their peak over the last four weeks. With Chinese manufacturers slowing down production with the off-season coming... more
A further call for decarbonisation
For Europe, short sea operator and car carrier UECC is calling upon the European Union to set “aggressive” emissions targets under its proposal to include shipping in the emissions trading system (ETS) which may significantly increase the operating costs for pollutive vessels... more
How did short sea shipping do in 2020?
The Corona pandemic also left its mark on Germany's short sea shipping market last year. The volume of goods handled in short sea shipping in 2020 fell by around 8.4% year-on-year to around 165.6 million t, the lowest level in the last ten years. As in previous years, short... more
Eukor delivers LRV in Manila
The Port of Manila recently took delivery of eight light rail vehicles (LRV). Citadel Shipping, the local ship agent of the ro-ro shipping company Eukor, organised the transport with the vessel "MV Morning Margareta". It is the seventh LRV delivery for the Philippines’... more
Two appointments in Jaxport
Florida-based Jaxport is extending its management team for safety and procurement. Maritime purchasing professional Lisa Gee becomes director of procurement services. She will be in charge of the port’s purchasing programme and also oversee Jaxport’s small and emerging business... more
OOCL: another record result
OOCL has published its unaudited results for Q3/2021: While volumes contracted, revenue in general and per box grew significantly. In detail, for the third quarter ended on 30 September 2021, revenues amounted to USD 4.3 billion, a growth of 125.3% compared to the same period... more