The American Association of Port Authorities (AAPA), the unified and recognized voice of America’s seaports, today is hailing the announcement over the weekend that trade talks between the United States and China have resulted in an agreement for the U.S. to hold off further tariff...
There are inherent difficulties in accurately predicting the port costs, which forms a significant part of the voyage costs. The accuracy of these calculations gives the chartering team the ability to more precisely calculate the potential profit of the voyage. In some cases, large savings...
Demand for global air freight, measured in freight tonne kilometers (FTKs), rose 2.1 percent in July 2018, compared to the same period the year before, according to the International Air Transport Association (IATA). This was the slowest pace of growth since May 2016, and well...
I can guarantee there are some “social ninjas” plying their trade in your business today. These people could sit anywhere in your organisation and they inherently understand the benefits of social media, they’ve refined their “art” and are just doing it. These people are not trained...
Reducing the amount of time ships spend waiting outside port and at anchor could significantly reduce ship emissions, according to studies carried out by members of the IMO GloMEEP Global Industry Alliance (GIA). Ships can spend hours or days waiting at anchor outside ports, but providing...
Bunker is one of the most important costs for a container shipping line. IFO 380 price has increased considerably over the last 12 months with a 40 % year to date increase compared to 2017 average. On top of the above a new IMO (International...
London, UK, 2 October 2018 – There is considerable unease among global shippers/BCOs (Beneficial Cargo Owners) and freight forwarders ahead of the IMO’s 2020 global emissions regulations, due to come into force on 1 January 2020, according to a survey conducted by global shipping consultancy...
Hapag-Lloyd has now joined a number of other leading container shipping companies by announcing how it will recover the costs of low sulfur fuel once the IMO regulations enter into force in 2020. The sulfur cap for compliant fuel oil will be lowered from 3.5 to...
Analysts expect container shipping spot freight rates to soften this week before picking up later in the year head of Chinese New Year factory closures in January. The World Container Index, assessed by Drewry, was down 3.1% week-on-week to $1,668 per feu on 4 October, while...
The congestion that has hampered activity at Felixstowe over the past few months now seems to be affecting another major UK port for container traffic, Southampton. Terminal operator DP World's local unit at the southern UK port, DPWS, said today that it is currently experiencing very...
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