Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out.Volumes were down by -2.1% between December and February compared with the same period a year earlier…
As geopolitical upheaval continues, Peter Sand, Chief Analyst, Xeneta, explores how global trade patterns have (and will) evolve.Geopolitical unrest could have dramatic and long-term impacts on global trade patterns for all goods and commodities…
ClassNK released 'Guidelines for Shipboard CO2 Capture and Storage Systems'. The guidelines include provisions for indicating the classnotation for vessels equipped with CO2 capture and storage systems or designed as 'ready' for their installation…
The International Propeller Club of the United States said that Senator Maria Cantwell, Chair of the Senate Committee on Commerce, Science, and Transportation, will be honored at its annual Salute to Congress event on June 13, 2023. Senator…
Perdaman has commenced construction of its A$6 billion Pilbara urea project - the first new gas manufacturing project in the Pilbara in more than a decade.Located 20 kilometres north-west of Karratha, Australia, the project will convert Western…
Palo Alto, Calif. based AI shipping optimization company Bearing announced it has appointed Jim Daly as chief operating officer.“We’re excited to have Jim on board as we steer the maritime shipping industry toward more sustainable operations with our AI-driven solutions…
Sweden's newest major freight port, Stockholm Norvik, has been officially inaugurated by His Majesty The King and Her Royal Highness The Crown Princess.The RoRo and container port opened for business on time and on budget in 2020, but this was just when the pandemic was at its height…
London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in the conflict-ridden African country, according to an advisory note.The addition of Sudan to the high risk list will mean that any…
The Canadian government has approved a marine container terminal expansion project in Delta, B.C., following a environmental assessment process that started in 2013.The Roberts Bank Terminal 2 Project includes building new land and a new three…
Ukraine has shipped significantly more grain over the last several months than originally expected, especially corn, easing worries that were prominent last year over the country’s export program.But Russia now claims it will not support the…
HGK Shipping and the Port of Rotterdam signed a long-term cooperation agreement to promote sustainable concepts for inland waterway services leading to and from seaports. The document primarily focuses on the energy revolution and logistics…
A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…
The Port of London Authority (PLA) is in the process of upgrading its Vessel Traffic Services (VTS) system as it strives to meet current and future needs of the River Thames, as well as effectively integrate with other decision support tools…
The Gothenburg Port Authority will become a partner in Eolus’ 1GW Västvind offshore wind power project, offshore Gothenburg, Sweden, to meet growing electricity demand.According to Eolus, the offshore wind farm will be able to generate electricity…
The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles and Port of Long Beach, have signed a memorandum of understanding (MoU) to establish a green and digital shipping corridor between Singapore and the San Pedro Bay ports complex…
