Post EN

Abu Dhabi, UAE – A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds. Renewable fuels should contribute at least 70% of […]

   The Port of Thunder Bay continues to experience reduced grain shipments as the Prairie harvest yield hits a ten-year low. Monthly grain loads were down 30% in September. This mirrors estimates by crop analysts of a 30% reduction in crop yield this season. Year-to-date grain shipments of 4.6 million tonnes tonnes are now 5%

COSCO Shipping Lines (COSCON) is launching expedited services this week for shippers to get their goods more quickly from China to Chicago or to heavily-congested Los Angeles/Long Beach, the biggest port complex in the United States. Deploying five 4,250TEU ships, CEN-EXPRESS transports containers from Qingdao and Shanghai to Prince Rupert. The CEN-PLUS, deploying six 10,000TEU

Rotterdam – A former drillship is being converted to an ABS-Classed subsea mining vessel, in an industry first. Allseas’ 228-meter Hidden Gem is being equipped with a deep-sea mineral collection system to recover polymetallic nodules from the ocean floor and transfer them to the surface for transportation to shore. The nodules contain high grades of nickel, manganese, copper and cobalt—key metals required for building

According to revised estimates in Drewry consultancy’s latest Container Insight Weekly, pre-tax profits of the global container shipping industry in 2021 and 2022 will be as high as $300 billion. The industry is expected to benefit well into 2022 from the current world supply chain crisis. The virtually unprecedented profit outlook stems from seemingly unstoppable