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.…
Supreme Freight Services LTD are excited to announce that we will be attending this years Canton Fair. (Also known as the China Import and Export Fair). Canton Fair is a comprehensive international trading event with the longest history, the largest scale, the most complete exhibit variety, the largest buyer attendance, the broadest distribution of buyers’…
On Tuesday 6 March 2018 at 15:20 GMT, the Maersk liner vessel Maersk Honam reported a serious fire in a cargo hold. Enroute from Singapore towards Suez, the vessel was positioned around 900 nautical miles southeast of Salalah, Oman. After being unsuccessful in their firefighting efforts, the crew sent out a distress signal and a…
March 7, 2018 /
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.0% in January 2018 compared to the year-earlier period. This was up from the 5.8% annual growth recorded in December 2017. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by…
At present Felixstowe is closed due to high winds and not expected to re-open until Sunday at the earliest. London Gateway is greatly reduced in its capacity and is opening as and when it can depending on the weather. The port of Southampton is closed due to snow. The inclement weather will hopefully start to…
March 1, 2018 /
To boost electronic air waybill (eAWB) adoption the carrier has decided to introduce a 12 euro per paper air waybill fee for tradelines on which they are available. E-AWB penetration edged up 0.6 percentage points to 53.2% in January 2018, according to the latest statistics from IATA. January's figure compares with 52.6% in December 2017.…