7 Things to Keep in Mind for Decarbonizing the Maritime Freight Industry

Op-Ed By Rear Admiral Nadeau (US Coast Guard, Retired) Efforts to decarbonize the maritime industry are underway. The shipping industry has faced and overcome significant hurdles in the past. Just two years ago, we were on the cusp of “IMO 2020” and the implementation of the global fuel sulfur cap. Many were worried about the […]

Los Angeles and Long Beach Containership Backup Has Officially Ended

Shipping officials in California have proclaimed the end of the container backup at the ports of Los Angeles and Long Beach after 25 months. The backup was one of the most visible signs of supply chain chaos driven by the pandemic-fueled import boom, as dozens of ships could be seen parked at San Pedro Bay […]

Ermewa delivers 200 new wagons to export grain from Ukraine

French railcar leasing company Ermewa will deliver a total of 200 newly built grain wagons for he transport of grain to Rail Cargo Logistics (Rail Cargo Group). The first batch of 25 grain wagons was handed over already at the end of October, with 175 more coming by the end of 2023.  The new wagons […]

Fires, Inflation and Climate Change: Global Trends to Watch in Marine Insurance

Despite a broader long-term trend of safety improvements in the global shipping industry, a number of factors are leading to ever larger insurance claims for the industry, according to Allianz Global Corporate & Specialty (AGCS). Fire and explosion is now the most expensive driver of claims activity, overtaking sinking and collision. Mis-declared or non-declaration of […]

What Hong Kong’s maritime community wants from its new leader

On July 1, Hong Kong welcomed a new leader with ex-police officer John Lee taking over from Carrie Lam on the 25th anniversary of the handover of the city, a big date in the calendar with president Xi Jinping jetting in from Beijing. Speaking at the ceremony Xi said Hong Kong must maintain its unique […]

France offer electricity price relief to promote shift to rail

France has given added impetus to its aim to speed up the transition of freight transport modes by opening up the state energy savings certificate (ESC) scheme to shippers. Agnès Pannier-Runacher, minister for Energy Transition, and Clément Beaune, minister delegate for Transport, announced the measure earlier this month, underlining that rail transport consumes six times […]

Top 20 Cargo Airports: Leading hubs bounce back after Covid hit

Covid lockdowns and virus-related freight surges in 2021 influenced the final ‘premier league’ table of the world’s top 20 cargo airports in 2021 (see chart at end of article). Global economic shocks, China’s Covid lockdowns and the war in Ukraine will similarly impact 2022’s final running order. As we enter the fourth quarter of 2022, […]

Svitzer’s Australian lockout threat branded ‘economic vandalism’

Australia is a day and a half away from seeing many of its most important ports shuttered with frantic discussions ongoing to avert a supply chain crisis brought about by dire relations between sea going staff and the nation’s largest towage operator. Svitzer’s decision to lockout nearly 600 staff at 17 ports from this Friday […]

Russian Railways asks Kazakhstan to lower transit tariffs

Russian Railways has asked Kazakhstan’s railway company to reduce the transit tariffs for the transportation of agricultural products, including grain. It has been in negotiations with Kazakhstan Temir Zholy (KTZ) since September this year. This company raised the tariffs mid-October this year. Since this time, KTZ – Freight Transportation, the country’s national freight carrier, raised […]

Global Food Imports Could Exceed $2 Trillion By The End Of 2022

Food imports costs across the world are on course to hit a near $2 trillion record in 2022, piling pressure on the globe’s poorest countries who likely shipped in considerably less volumes of food, the U.N. Food Agency said on Friday. World food prices soared to record levels in March after Russia invaded Ukraine, a […]