Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 percent from 2013 to 2014 and by more than 29 percent since 2009, according to BSR’s Clean Cargo Working Group (CCWG) annual report for 2015. The report attributed a portion of these results
India’s gas utility company GAIL is seeking to revive an LNG deal with Iran dating back from 2005 as steps on lifting of sanctions against Iran gain momentum. The agreement relates to a $ 22-billion LNG supply contract signed with National Iranian Gas Export Company (NIGEC) for the purchase of 5 mil
India’s gas utility company GAIL is seeking to revive an LNG deal with Iran dating back from 2005 as steps on lifting of sanctions against Iran gain momentum. The agreement relates to a $ 22-billion LNG supply contract signed with National Iranian Gas Export Company (NIGEC) for the purchase of 5 mil
Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global c
Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global c
The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to recovery, according to the majority of industry players surveyed by Platts. The Platts Dry Bulk Market Survey was conducted in July and involved more than 100 dry bulk market participant
The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to recovery, according to the majority of industry players surveyed by Platts. The Platts Dry Bulk Market Survey was conducted in July and involved more than 100 dry bulk market participant
Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers
Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers
Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1.8% in 2014 – reaching almost 190 million tonnes. Although
Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1.8% in 2014 – reaching almost 190 million tonnes. Although
DNV GL has developed a new class notation for gas bunker vessels aimed at ensuring safe fuel transfer operations from one ship to another. This notation addresses safety concerns in this field and covers gas bunker vessels design and additional requirements to support the development of gas fuelled
DNV GL has developed a new class notation for gas bunker vessels aimed at ensuring safe fuel transfer operations from one ship to another. This notation addresses safety concerns in this field and covers gas bunker vessels design and additional requirements to support the development of gas fuelled
Israel’s shipping company ZIM reported a net profit of USD 23 million for the second quarter of 2015, compared to a loss of USD 50 million in the same quarter last year. The company kept its positive results from the first quarter when it posted a sharp improvement in its business results as its non
