In a recent shift toward sustainable logistics, companies are looking for ways to reduce their carbon footprint and minimize environmental impact. One major innovation in the airfreight industry is the use of electronic air waybills (eAWB), which are fast becoming the preferred option for air cargo shipping. While the airfreight
The Pablo, a 26-year-old tanker engaged in the sanctioned “shadow” crude trades, exploded off the coast of Malaysia in early May, killing three crew. There are a lot of ships out there like the Pablo. Older tankers that would normally be scrapped are now earning top dollar carrying crude
A year ago, an armada of ships came to Europe’s aid, bringing U.S.-produced liquefied natural gas to replace Russian pipeline gas supplies lost in the wake of the war. The outlook for the coming winter was dire despite the surge of American LNG cargoes — then it grew even
Industries are using technology to improve operations as the world becomes increasingly connected. The airfreight industry is embracing the Internet of Things (IoT) for cargo monitoring in ways that were once thought impossible. IoT is the interconnection of physical devices that can communicate with each other and exchange data
The second International Day for Women in Maritime, on 18 May 2023, seeks to highlight the importance of collaboration and networking in achieving gender equality in the maritime sector. IMO Secretary-General Kitack Lim said: “Women are working in all facets of the maritime sector across the globe, on shore and at
The first block for a new class of Russian domestic containership that is also capable of carrying dry bulk cargo was laid down at the Lotos Shipyard, part of the state-owned United Shipbuilding Corporation. In addition to the unique design, the shipbuilding corporation is reporting the ships will be
The tanker market is expected to remain a “minefield” of sanctions, cargo seizures and pipeline disrruption for the time being. In its latest weekly report, shipbroker Gibson said that “disruption to crude exports is nothing new, however recent geopolitical events have highlighted the precariousness of crude exports in some
The Global Alliance for Trade Facilitation supports trade reform in developing and least developed countries (LDCs), bringing government and business together in public-private partnership to make cross-border trade simpler, faster, and more cost-effective. The Alliance has now successfully delivered 14 projects, supporting developing countries and LDCs in fulfilling their
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fast-paced transition towards a more sustainable future. In the absence of a ‘silver bullet’ for shipping’s commercial fleet, choosing the right evolutionary pathway for vessels will require a sophisticated
Descartes: Imports rose 7.2% month on month yet still down to 2019-2020 levels In January, U.S. containerized imports logged their highest month-on-month gain since last May, according to data from Descartes. Inbound volumes rose 7.2% versus December to 2,068,493 twenty-foot equivalent units, Descartes reported Wednesday. That’s the good news.
