The Port of Antwerp-Bruges today reported a 4.5% decline in traffic to 68.7 million tons in the first quarter of 2023 as economic uncertainty deepened in Europe and global carriers blanked sailings in response to lower import demand. The continuing war in Ukraine in also strongly reducing Russian-related shipments. Operational challenges at container terminals
CN today announced the launch of a new self-service, sustainability tool, My Carbon Emissions. CN was first to launch the Carbon Calculator, 13 years ago, to give customers visibility into their estimated greenhouse gas (GHG) emissions and emissions savings using rail transportation. Now, this new tool, available on the CN One eBusiness platform, provides
Canadian Pacific (CP) and Kansas City Southern (KCS) today combined to create Canadian Pacific Kansas City (CPKC), as authorized by the U.S. Surface Transportation Board’s (STB) March 15, 2023 final decision, creating the first single-line railway connecting Canada, the U.S., and Mexico. “Today, we celebrate this historic combination creating a truly unique single-line rail network that begins a
Despite the present major decline in freight rates, global carriers have placed orders for new vessels at record levels, according to a new report from BIMCO, the world’s largest association representing shipowners, charterers, shipbrokers and agents. The orderbook of 7.54 million TEUs signals a significant change in the global fleet, says BIMCO analyst Neils
The Halifax Employers Association (HEA) and the Council of ILA locals for the Port of Halifax announced they have reached a tentative labour agreement that carries through to December 31, 2025. The current Collective Agreement expired on December 31, 2021. The details of the tentative agreement will not be released until the agreement has
Maersk Supply Service has announced a new collaboration with GustoMSC to create a next-generation Wind Installation Vessel that will cater to the expanding offshore wind market in Europe. The vessel will build on the same patent and characteristics of the feeder concept designed for the Jones Act offshore wind market in the United States.
Ocean Network Express (ONE) has announced the launch of the ONE Eco Calculator, which calculates carbon dioxide (CO2) emissions from ONE’s operating vessels. The tool is one of the company’s milestones in its journey to net zero. With the ONE Eco Calculator, units are expressed as either Tank-to-Wake (TTW), a measure of emissions from
WASHINGTON — Throughout the Arctic, fallen trees make their way from forests to the ocean by way of rivers. Those logs can stack up as the river twists and turns, resulting in long-term carbon storage. A new study released by the American Geophysical Union has mapped the largest known woody deposit, covering 51 square