Shipping News
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Hapag-Lloyd revenues up to EUR 17 billion in first half year of 2022
Global supply chains remain under significant pressure due to persistent capacity bottlenecks in ports and congested hinterland infrastructures Result significantly higher than prior-year period Transport volume at prior-year level Outlook upgraded based on current business performance Uncertainties remain due to the war in Ukraine and the COVID-19 pandemic Hapag-Lloyd has…
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Xeneta real-time container rates update: week 32
Short- and long-term rates converge on Far East to US routes, offering opportunity for carriers and shippers alike Declining spot rates on the Far East to US West Coast and East Coast ocean freight trades have converged with historically strong long-term rates, presenting business opportunities for both carriers and shippers.…
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Why ships’ ‘real’ carbon footprint is key to investment
Shipowners and operators should be well into planning ahead for the EEXI and CII regulations coming in from 2023, and what improvements they should make so their ships comply. The best future-proof path forward is to base investment decisions on analysis of a ship’s actual carbon footprint, says research manager…
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Three partners, 48 hours, one mission: hacking into future potential at Nor-Shipping
Astrup Fearnley, Veracity by DNV and Microsoft Norway joined forces at this year’s Nor-Shipping to demonstrate how digital innovation can empower industry change, while connecting with tomorrow’s talent today. Lars-Henrik Folke Ossum, Chief Digital Officer at Astrup Fearnley, reveals all. “This was partnership in action – showing how different organisations,…
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ANL: First Sailing of the Australia Noumea New Zealand Shuttle (ANZ Shuttle)
The new Trans Tasman service, ANZ Shuttle, begins its first voyage on the Tacoma Trader, operated by ANL, from Brisbane today. This service is operating between Australia and New Zealand via a direct call in Noumea. Offering fortnightly sailings from Brisbane, Noumea and Tauranga providing additional capacity to support the…
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Evergreen Marine obtains double certification for its greenhouse gas emission inventory
In order to implement the company’s environmental protection policy and carbon reduction goals, Evergreen Marine Corp. has completed a systematic inspection and calculation of greenhouse gas emission inventories for its business operations, including its global operating fleet, office buildings, and container terminals in Taiwan. The methodology and results of the…
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Bahri partners with Aventra Group to accelerate digital transformation journey
Riyadh, KSA –: Bahri, a global leader in logistics and transportation, has signed a strategic partnership with Aventra Group, a digital transformation company specializing in business and technical consulting, to assist its digital transformation journey by further utilizing data to improve its decision-making capabilities. This partnership includes building a maritime-based…
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Bill Of Lading As A Document Of Title
In modern international trade and shipping, this is probably the most important characteristic of the bill of lading. A “document of title” is a document that enables the holder (the person who “possesses” it) to deal with the goods described in it as if he was the owner. “Title” is…
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Borr Drilling receives LoI for jack-up drilling rig
Borr Drilling Limited has announced it has received a binding letter of intent (LoI) for the premium jack-up drilling rig Prospector 5 from an undisclosed operator in West Africa. The 6-well firm program is expected to commence during Q4 2022 and has an estimated duration of 14 months plus options.…
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HELION receives approval in principle for marine fuel cell
The FC-RACK fuel cell has a hydrogen safety system that allows it to be installed inside or on the deck of a vessel. Alstom subsidiary HELION Hydrogen Power has secured approval in principle (AiP) from Bureau Veritas for its FC-RACK marine fuel cell. The fuel cell has a double envelope…
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