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Industry calls for adoption of ‘moon-shot’ $5 billion R&D fund

Governments controlling a major share of the world’s shipping tonnage submitted today the proposal to the UN International Maritime Organization (IMO) to establish a $5 billion Maritime Research Fun...

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Using biofuel, UECC ship cut over 20 million kg of CO2 emissions

United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo transportation, reported massive CO2 emissions cuts by using biofuel onboard one of its roll-on/roll-off (RoRo) vessels. F...

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US box imports set for ‘dramatic’ H1 growth

Inbound traffic via US container ports expected to grow ‘dramatically’ during the first half of 2021, particularly in comparison with last year’s disrupted market, with a further boost likely fr...

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Shippers warned to prepare for freight tendering ‘tsunami’

Logistics procurement platform Shipsta says demand for digital freight procurement technologies has risen sharply amid historic levels of disruption and volatility. Data-driven logistics procurement p...

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Port of NY and NJ secures funding for electrification initiatives

The Port Authority of New York and New Jersey, several port tenants, and other agencies and organizations across the state are set to receive more than $100 million for clean, equitable transp...

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DSS to monitor environmental performance of ships with ABS app

Classification society ABS has signed an agreement with Diana Shipping Services (DSS), a subsidiary of Greek shipowner Diana Shipping, to implement the ABS Environmental Monitor digital sustainability...

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Korean shipbuilders reveal new round of boxship orders

Although many shipyards around the globe have been facing order stagnation caused by COVID-19 crisis, the situation seems to be different for South Korean shipbuilders that just secured another round ...

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UK ports suffering post-Brexit box logjams

UK terminals still struggling to clear an excess of containers, according Container xChange figures, with availability ex-Europe rising. Despite a shortage of empty containers in international export ...

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Ocean freight pressures set to continue until at least summer

Capacity from China to the US may have eased slightly in recent weeks, but the disruptions to global supply chains look set to continue for several more months, freight sources indicate. Difficulties ...

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