Ningbo Port Witnesses Record Sea-Rail Cargo Throughput

The Ningbo-Zhoushan Port has handled over 810,000 teu sea-rail containers as the end of October, an increase of 23% year-on-year. The port launched several new sea-rail services and optimized its sea-rail transportation network,...

China Shows the Door To Jack Ma, Halts Ant Group’s IPO

Analysts say Ma’s criticism of authorities likely reason for Ant Group’s IPO being halted. For years, Jack Ma represented the rise of the self-made tech entrepreneur in China, with Chinese media referring to...

How Trafigura’s Carbon Levy Proposal Affects Shipping

A proposed carbon levy is the latest in a wave of change potentially facing the global shipping industry, reports Opportune. IMO2020 regulations The year 2020 has been one of unexpected change and it has been no...

Port Congestion Leads To Massive Surcharges

  Shippers around the world face huge supply chain challenges from port congestion and an acute shortage of containers, reports The Loadstar. The Challenges One carrier source The Loadstar spoke to today said the problems “will get...

Singapore Registry of Ships Crosses 96 Million Gross Tonnage

The Singapore Registry of Ships (SRS) crossed the 96 million gross tonnage milestone in 2020, says a press release published on MPA Singapore website.  The SRS Milestone Award  Adoption of technology and decarbonisation  Themed “Resilience, Strength and...

Carriers On Par To Break Tech Giant’s Dominance, Says Maersk

The former Maersk Line chief information officer, Adam Banks says that the container shipping sector now has the technology to develop its online systems to meet the challenge from the online companies, says an...

Containership Issued Distress Call After Water Ingress

Container ship issued distress call reporting water ingress from some 30 nm off Figueira da Foz, Portugal, on Nov 5, reports Maritime Bulletin.  What happened? Container ship SOUTHWESTER was initially reported to have sunk some 30...

Royal Arctic Line Powers Its Vessels with Intelligent IoT Technology

Container ship Malik Arctica, part of the Royal Arctic Line (RAL) fleet achieves a 10 per cent reduction in fuel consumption by installing Frugal Technologies’ intelligent IoT technology. As a result, RAL intends...

Loss Prevention Initiatives by ABS and American P&I Club

The close collaboration between ABS and the American P&I Club continues to deliver new loss prevention initiatives for the industry. Leaders in their respective fields, the American P&I Club and ABS have worked...

Operational Efficiency Rating To Be Made Public, Says ICS

The ‘A’ to ‘E’ operational efficiency rating of every ship above 5,000 gt will be made fully public and updated on an annual basis. This rating system could be adopted as soon as...