2022 To Welcome Shippers With Tough Challenges
FTR says road freight service will suffer over next several months, while project44 warns of empty shelves for holiday shoppers.
Shippers will likely face months of continued challenges in moving their inventory around...
Another Chemical Tanker Deal By FSL
Singapore’s FSL Belief Administration has offloaded one other chemical tanker following the sale of the 2006-built FSL New York final month.
The corporate has bought a 15-year-old FSL London.
A recent news article published in the News...
Are Energy Issues Stalling Supply Chain?
Gasoline panic-buying has our friends across the pond looking like a reflection of the U.S. during the Colonial Pipeline hack.
Britain’s transport minister pleaded with motorists on Tuesday to stop filling up old water bottles...
CIMC Acquires $1bn Worth Maersk Container Industry
China International Marine Containers (CIMC) has acquired AP Møller-Maersk’s box manufacturing unit, Maersk Container Industry (MCI) for $1.08bn, including net debt.
The deal confirms CIMC as the world’s largest container producer.
The takeover,...
Why Did China Crush Its Tech Giants?
after years of breakneck growth at the likes of Alibaba and ByteDance, China is pulling ranks on its own Big Tech darlings
Chinese tech giants exploited legal grey areas
they maintained a work...
[Watch] Cost of Low Carbon Fuels Hampers Path To Decarbonization
The biggest challenge facing the global shipping industry in reducing carbon emissions is the higher price of low carbon fuel alternatives compared to heavy fuel oil, Roel Hoenders, Head of Air Pollution and Energy...
Asia’s Crude Oil Imports Set To Decline In September
Asia's crude oil imports set for soft September
world’s top-importing region continues to lag the demand recovery in other parts of the world
seaborne imports in Asia are expected to decline to 31.71...
IMO Progresses GHG Life Cycle Guidelines
IMO progresses GHG life cycle guidelines
ISWG-GHG 9, discussed a number of submissions by the Member States and international organizations, including proposed lifecycle guidelines
low and zero-carbon fuels will be needed to decarbonize...
AI Technology For Accurate Prediction of Vessel Collision Risks
Fujitsu announced the introduction of a highly-accurate AI technology to predict vessel collision risks.
Field trials of the technology were conducted at the Tokyo Wan Vessel Traffic Service Center under an outsourcing contract...
Piracy, Other High Seas Crimes Rise
Recurring incidents of armed robbery against ships in Manila Bay have prompted ReCAAP ISC to warn crews to exercise extra vigilance .
According to ReCAAP ISC, a total of 11 incidents of armed...