Japan’s Kawasaki Kisen Kaisha (K Line Group) has signed a memorandum of understanding with one of its top clients in the Middle East, Emirates Global Aluminium (EGA), to establish a working committee for collaborative research on decarbonisation. K Line has been working with EGA for more than 40...
https://splash247.com/k-line-partners-with-key-middle-east-client-to-work-on-decarbonisation/
Container analytics company ConexBird has developed and patented a solution to measure the physical condition of shipping containers, whilst they are being lifted by container cranes: this involves real-time resonance testing of each container during handling, with raw measurements being processed...
https://splash247.com/dubai-set-to-trial-container-condition-monitoring-tech/
Singapore has deployed its first energy storage system (ESS) to enable more energy efficient port operations at PSA’s Pasir Panjang container terminal. The project is part of the $8m partnership between the Energy Market Authority (EMA) and terminal operator PSA. Set to become operational in the...
https://splash247.com/singapore-installs-first-energy-storage-system-at-psas-pasir-panjang-terminal/
One of Greece’s best known shipowning families is being tipped to enter the boxship sector. Alphaliner is reporting the Latsis family looks like it has concluded a resale with Shoei Kisen for a newbuild 1,984 teu ship under construction by the Japanese owner’s sister firm, Imabari Shipbuilding....
https://splash247.com/latsis-family-tipped-to-have-made-boxship-foray/
Local lockdowns combined with stormy weather is seeing congestion rise at many ports across China again. Shanghai, which suffered a tough two-month lockdown, earlier this year has seen a mass testing campaign this week for all residents in nine of the city’s 16 districts. Shanghai’s spike in...
Governments and other jurisdictions have facilitated the rise of ocean freight rates and the current supply chain crisis by creating a supportive legal framework for alliances and consortia, a report by the OECD-affiliated think tank International Transport Forum (ITF) suggests. According to the...
There’s growing evidence that the days are coming to an end of the booming consumer demand which saw container shipping hit record high levels of profitability over the last couple of years. Drewry’s latest global port throughput index for April shows an increase of 1.7% month-on-month to reach...
https://splash247.com/demand-data-points-towards-the-end-of-the-wild-carrier-party/
The incredibly skewed global orderbook continues to throw up all manner of records, with long-term ramifications for the main shipping segments. Ordering in the bulker and tanker sectors, which together account for 75% of world fleet dwt capacity, has been limited in the 2020s, so much so that the...
Nippon Express USA has launched a multimodal transport service for shipments from the US and Canada to Asia via Mexico, dodging the congestion hampering operations at many American ports. The company’s US Export Service Via Mexico conveys cargo overland by trailer from various locations in North...
Multiple options are opening up to ship goods out of war-torn Ukraine, a nation that closed all its ports on February 24, the day Russia invaded. Romania has reopened a Soviet-era rail link connecting its Danube River port of Galati to Ukraine a month earlier than originally planned. Grain cargoes...
https://splash247.com/alternate-ukrainian-export-hubs-emerge/