International freight volumes will grow fourfold by 2050 while the average length of haul will increase by 12 percent over that time, trends that will cause a spike in global carbon emissions unless corrective action is taken. An Organisation for Economic Cooperation and Development (OECD) sector study presented at the International Transport Forum (ITF) forecasts that freight transport emissions will grow 286 per cent on average by the middle of the century as changing trade patterns ensure larger volumes of goods travel even longer distances. The sharp increase in emissions dwarfs the predicted 30 to 110 percent increase in surface passenger transport emissions. Given the longer distances for freight movements, air is expected to be the fastest-growing mode, with a projected 482-percent increase from 2010 to 2050. Air is also projected to be the biggest polluting mode with a 411-percent increase in carbon tons emitted over that 40-year period, ITF said. Another factor in the expected increase in pollution is the role of the domestic component of an international shipment, which is documented this year for the first time in an ITF annual report. An example of such a move would be a Hong Kong-originating shipment flown to Los Angeles and then trucked to Denver. The domestic portion of such a movement today accounts for only 10 percent of international freight traffic, but 30 percent of global CO2 emissions, according to the report.
The European Commission has decided not to raise any objections to the Flemish authorities' plan to provide financial support for the construction of loading and unloading facilities along the Flemish inland waterways in Belgium The Flemish Region in Belgium will put into effect a five year aid scheme aiming at making inland waterways more accessible and developing their use for freight transport. The scheme will provide financial support for the construction of loading and unloading
Spanish shipbuilder and designer IZAR and Rolls-Royce announced plans for a new European High Speed Cargo Vessel which is intended to be a cost-effective short-sea shipping alternative to road transport in Europe. The monohull EHSCV is powered by two Rolls-Royce MT30 gas turbines and Rolls-Royce Kamewa waterjets. The baseline design enables 124 trailers to be carried at a service speed of 37 knots and is intended to be economically competitive with road transport on routes above 300 nautical
The Maritime Administration has issued a new study that evaluates the adequacy of current U.S. maritime policy to meet the commercial, economic, security and environmental needs of the nation over the next three decades. The report titled, ìAn Evaluation of Maritime Policy in Meeting the Commercial and Security Needs of the United States,î was researched and prepared by IHS Global Insight, Inc., of Lexington, Mass.
Tomorrow 23rd June international law firm Hill Dickinson LLP will be holding its UK Ports Conference focusing on ‘The Future of UK Ports: changing regulation, shipping trend updates and new opportunities in the supply chain’. The 7th Annual UK Ports Conference will allow senior representatives from across the ports, shipping and maritime sector to network and discuss policy updates, shipping trends and the latest logistics and supply chain guidance.
15 container liner shipping companies have said they will stop publishing and communicating general rate increases (GRIs) that are expressed solely as an amount or percentage of the change, says the European Commission. Shipper representatives have welcomed an agreement by the container lines to abandon GRIs in favour of a new pricing announcement mechanism following a two-year inquiry by the EU into possible competition infringements – alleged “price
Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Government’s Environmental Protection Agency (EPA) and the country’s leading private industry freight carriers and freight users aimed at reducing carbon, oxides of nitrogen and particulate matter emissions. Ingram has been involved with the EPA in helping to develop
Konecranes has signed an agreement to deliver an Automated RTG (ARTG) system to Indonesian state-owned terminal operator PT Pelabuhan Indonesia III (Persero), (“Pelindo III”). This will be the world’s first commercially operational Automated RTG system. The order comprises 11 ARTG cranes, Remote Operating Stations (ROSs) and container yard automation infrastructure such as intelligent container stack gates. Delivery is scheduled for 2015
Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the reputational damage that can be a serious consequence of uninsured incidents resulting from avoidable risks. It is estimated that for every unit cost incurred in insurance claims it can cost between eight and thirty-six times that amount in direct and indirect uninsured losses for the business
Hiab, part of Cargotec, is presenting its latest product innovations together with the World Crane Championship finals at the Commercial Vehicle Show in Birmingham, UK on 14-16 April. The CV Show is the largest and most comprehensive road freight transport event staged in Britain. We welcome all interested parties to watch Hiab's World Crane Championship finals, which will take place on our outside stand number 3A 80 (outside Hall 4)
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday due to strengthening rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels
New Zealand's largest freight gateway Port of Tauranga says it is on track to break the country's record for transporting more than one million containers in a single year. "Our results show the Port of Tauranga is continuing to reinforce its position as the country's premier
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday on stronger demand across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 19 points
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched gains for the ninth straight session to end at a more than one-month high on Monday, helped by higher rates for panamax vessels.
In this white paper, Drewry consultants investigate the drivers behind the accelerating use of new e-business models and online platforms in international shipping transactions and assess the implications for freight forwarders, ocean carriers and those investing in the technology and
European cooperation is necessary in order to integrate inland waterway transport better into the multimodal logistic chains. This opinion was shared by around 130 participants from Poland, Germany, Sweden, Lithuania, Finland, Belgium and Czech Republic
Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime transport of counterfeit goods. Leaders from global shipping firms, freight forwarders
The European Commission said on Monday it had approved two Italian public support schemes designed to shift freight transport from roads to cut congestion and pollution. The first measure, with a budget of 255 million euros, aims to shift freight traffic to rail by granting subsidies to rail
The cost of transporting containers from ports now shows signs of recovery after the fall of Hanjin Shpiping Co after a period of down play, says a report in Business Korea. It appears that the strategy of Maersk Line, the world’s largest shipping group which cuts down
A new record has been set for the number of containers transported to the Container Terminal at Frihamnen. Never before have so many containers been transported by sea directly to the strongest growing capital city region in Europe and Sweden's largest consumer market.
Sino-Global Shipping America, a non-asset based global shipping and freight logistic integrated solution provider, has announced the signing of an Inland Transportation Agreement with COSCO Beijing International Freight Co in which COSFRE Beijing will utilize the Company's
We are in the midst of a revolution over port infrastructure. This revolution is not about the role of ports as silent engines for our economy and the need for better intermodal infrastructure. Rather, it is about why governments – local, state and federal – believe ports exist
GAC Shipping (India) Pvt Ltd has appointed Mukesh Chakraborty as the Branch Manager, Logistics Services for its Bangalore office. Mukesh brings 13 years of experience in freight forwarding, customs clearance, transportation and warehousing and distribution to his new role.
International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier terms in ocean transport contracts, according to data gathered by Drewry Supply Chain Advisors. In the past 6 months
The container shipping lines received an average rate 7% (USD 42) lower in 2016 than in 2015, if they operated in the spot market on all Shanghai Containerized Freight Index (SCFI) trade routes. This has primarily been due to the devastating low rates received in the first half of 2016