A New Approach to Maritime Safety is Needed
For years, the shipping industry has focused on regulations and procedures to improve safety. Yet shipping is still at risk of major accidents. The whole industry needs to change its focus. Ticking boxes never made anyone safer. Also, assessing culture
What is the biggest supply chain lesson you learned from the past two years?
Readers look back at a volatile 2020 and 2021 and summarize the supply chain lessons learned. The fragility or brittleness of a global marketplace so deeply dependent on just-in-time inventory. Any event, whether a pandemic, hurricane, or a container ship stuck
Greenpeace Protests Against Ships Carrying Russian Fossil Fuels
Greenpeace activists have taken to the sea to protest against tankers carrying Russian fossil fuels to Europe. Traveling in rigid hull inflatable boats (RHIB), kayaks and as swimmers, protesters from Denmark, Sweden, Norway, Finland, Netherlands and Germany on Sunday went in
Security risks and rising costs: the consequences of the Russia-Ukraine war on freight transport
The war in Ukraine and the harsh sanctions against Russia have affected the market situation in many sectors, including logistics and freight. Since 24 February, when Russian tanks crossed the Ukrainian border, the global supply chain has seen a sharp
Recovery, Resilience and Demand Shifts to Drive Inland Waterway Cargo Flows
Waterway traffic is coming back. November 2021 saw 52.1 million tons moving on the U.S. inland waterway system, the highest monthly tonnage since October 2019, a few months before the onset of the COVID-19 pandemic, and the shutdowns and stoppages
From the Science Lab: Clean Energy Projects that Could Impact Maritime
As part of a $175M grant for 68 novel clean energy technology projects from the U.S. Department of Energy, these four offer promise in helping the maritime industry meet its decarbonization goals. Makai Ocean Engineering – Waimanalo, HI Remotely Installed Anchorages
Supply Chain Chaos to Boost Maersk 2022 Profit
Shipping group Maersk expects 2022 earnings to be around as high as last year, it said on Wednesday, as the supply chain disruption that sent freight rates soaring extends into the first half. It expects underlying earnings before interest, tax, depreciation
Why Should Shipping Come Under the EU’s Carbon Trading System?
The European Commission has proposed adding shipping to the bloc's carbon market for the first time, in a move that is set to shake up the industry after years of avoiding pollution charges by the bloc. But already there is disagreement
Collaboration Crucial for Decarbonization -MSC CEO
The CEO of container shipping giant MSC highlighted the importance of working together to achieve net decarbonization in a digital keynote speech at DNV’s ‘Fuel of the Future Conference’ on January 11, as part of the annual Nor-Shipping convention. In his
Baltic Dry Index Slides for 12th Day
The Baltic Exchange's dry bulk sea freight index fell for a 12th straight session on Monday, hurt by declining capesize rates. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 24 points, or 1.7%, to 1,391,