Shippers seeking to choose ‘green’ or ‘sustainable’ transport are being put off by the confusion of initiatives and promises offered by logistics and transport companies, says Andrew Traill, Shippers' Voice Managing Partner. “The lack of a common programme results in a proliferation of calculation methodologies, carbon calculators, sustainability initiatives and so on,” he explains. “This usually leads to increased effort and cost for companies to assess carbon emissions of transportation and also hampers collaboration with other companies in the supply chain." Dr Traill welcomes the latest initiative to de-mystify the current situation, with a European Shippers' Council forum called ‘Greening the Maritime Logistics Supply Chain’ on 28 September in Brussels. “The European Shippers' Council has effectively cried ‘Enough is enough - it is time identify what the schemes are, what they all do and which ones are going to be of use to shippers ‘. Shippers need to know. They need tools to measure their carbon footprint and for that they also need accurate, reliable measures of the carbon footprint of the ships which carry their freight, and the ports and terminals which load and unload the freight and pass the goods on to inland carriers - by road, rail and inland waterways." A group of companies is getting together to try and bring order to this chaos in road freight logistics
By David Tinsley, technical editor Swelling U.S. interest in fostering the development of coastwise shipping may be set against the backcloth of an anticipated 55 percent growth in demand for domestic freight transport over the period 2000-2010. Aside from its breathtaking scale, one of the most remarkable aspects of the U.S. projection is its similarity to the forecast, 50-percent increase in European road freight volume within the same timeframe.
A contract has been exchanged for the sale of Incat Australia’s 98m catamaran, hull 058, to a European customer. The purchaser is a long term Incat customer, and intends for 058 to join its two existing Incat vessels in operation for the northern European summer. Announcing the sale to staff at the Hobart shipyard, Incat Australia Managing Director, Craig Clifford said “The sale of vessel 058 has been foreshadowed for some time, and is great news for all Incat staff and supporters
Multi-faceted shipping group Fratelli Cosulich has expanded its freight forwarding business by opening an office in Dublin, Ireland. The move follows fast growth in its freight forwarding and NVOCC operations which operate from bases in Heathrow, Felixstowe, Izmir, Istanbul, New York, Shenzen and now Dublin. Fratelli Cosulich will move freight of all types by road, sea and air and expects its Dublin office to have balanced import and export traffic. The Dublin office details are:
The UK Department for Transport issued its Consultation Document entitled Financial Assistance for Moving Freight from Road to Inland Waterway and Maritime Transport. The post-consultation response indicates broad support for grants to encourage increased use of waterways in lieu of roadways to transport freight in the U.K. Differences remain, however, with regard to detailed implementation.
Cantwell, Booker, Murray, Markey introduce freight investment legislation aiming to eliminate chokepoints at critical highway, rail, port and intermodal facilities to support economic growth, and reduce the impact of freight movement on communities U.S. Senators Maria Cantwell (D-Wash.), Cory Booker (D-N.J.), Patty Murray (D-Wash.) and Edward Markey (D-Mass.) introduced legislation to establish a multimodal freight investment policy to keep America businesses
Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Road blockages were reported at 59 locations across six states on Friday down from the Thursday count of 88 road blocks, according to the latest report from highway police. Most protesting drivers rejected an initial government offer and negotiations were not scheduled to resume
A UK Short Sea Shipping Bureau is one step closer to becoming a reality, according to the Institute of Chartered Shipbrokers (ICS). Over recent months, the ICS has organised a number of meetings with leading bodies in the UK transport industry including the Chamber of Shipping, Freight Transport Association, BIFA, Road Haulage Association and British ports' groups, all of which have given the bureau their full support. The next step is to secure funding from the UK government.
At a meeting with the Port customers and other stake holders/ agencies, the Chairman, JNPT, N.N.Kumar, announced the performance achieved by JN Port in calendar year 2014 totalled 64.42 million tonnes. This year container handling was 4.47 million TEU’s registering the growth of 8.48%. The share of JNPCT( the Port owned and operated container terminal ) is 1.32 million TEU’s and the other container terminals, i.e, GTICT and NSICT handled 1
The European Commission launched a pilot project designed to reduce administrative burdens in shipping. Short sea shipping is an environmentally friendly way of transporting freight within the European Union, but complex procedures hamper its full development. These could be overcome by creating a "blue belt" for maritime transport in which ships could operate freely within the internal market, with a minimum of administrative burden
At its meeting in New York on November 20, the American Club’s board resolved to levy a general premium increase of 2.5 percent for P&I cover, but no increase in the cost of FD and D for the 2016 policy year. The club’s board also reviewed release call requirements for open policy
In third-quarter 2015, CMA CGM once again outperformed the market average in an industry shaped by a sharp fall in freight rates and overcapacity in certain markets. Freight rates were especially weak on certain lines, including Asia-Europe
France's CMA CGM, the world's third-largest container shipping firm, said freight rates should recover next year after a market downturn led to a sharp fall in its third-quarter profits. The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk
A slump in dry bulk shipping is set to worsen as the meltdown in global commodities and too many ships free for hire rock the sector used by investors to gauge the health of world trade. Slower coal and iron ore demand from China - the world's biggest industrial importer - have battered
Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 27.9 percent to $295 per 20-foot container (TEU) in the week ending on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
A washed-out road in Kenya has blocked the flow of goods from Kenya's Indian Ocean port of Mombasa for a second straight day, officials said on Wednesday, choking the main trade route into East Africa. Mombasa handles imports such as fuel and other vital goods for Uganda, Burundi, Rwanda
Record high freight rates are creating more headaches for traders looking to house millions of barrels of unsold crude oil and who already face potential losses due to record high stocks. They have to decide on whether to use tankers for longer term storage until they can sell their
Capesize market could worsen in short-term; 3.5 mln tonnes could be cut from Brazil ore exports. Freight rates for capesize bulk carriers could drift lower next week as Brazil's Samarco iron ore mine disaster and uncertain ore demand from China weigh on cargo volumes, brokers said.
Peel Ports has today (Thursday 19 November) announced that it has secured 50 advocates for its Cargo200 initiative and is urging other shippers in the North-west to add their weight to the campaign. Launched in May, Peel Ports called for importers and exporters whose goods began or ended
Heavy rains near the Indian Ocean port of Mombasa have swept away a road and slowed transport to a trickle on the main trade route into east Africa, officials said on Wednesday. Mombasa port handles imports such as fuel and other vital goods for Uganda, Burundi, Rwanda
Since 1985, the Port of Indiana-Jeffersonville has played an important role in handling millions of tons of steel, grain, fertilizer, salt and other bulk cargoes for both inbound and outbound markets – domestic and abroad. Located directly across the Ohio River from Louisville, Ky
The world's number one container shipping company Maersk Line expects consolidation in the industry to speed up as freight rates fall due to too many vessels for too few goods, Chief Executive Soren Skou from Maersk Line said on Monday.
Freight forward agreement (FFAs) trade rises. The market for hedging oil tanker freight has revived sharply this year to a value of $4.5 billion after years of torpor, with ship owners looking to profit from a freight rally and more energy companies scramble to cover risk, industry sources say
Danish shipping and offshore energy conglomerate, Maersk Group, kept a reduced forecast made two weeks ago for a 2015 underlying profit of $3.4bn, down from the $4.0bn previously expected. The Danish shipping giant said on Friday that lower oil prices and lower
Australia’s largest stevedore DP World Australia today confirmed that it had entered into an exclusive agreement with the Tasmanian Ports Corporation, Tasports, under which the two parties will work together to provide an international container terminal at the Port of Burnie in