Swissport Commits to Net-zero Carbon Emissions by 2050
Swissport International AG is committing to be 100% carbon-neutral by 2050, to be achieved through the decarbonization of its operations and supply chain. In conjunction, the company is committing to both material near-term carbon reduction and net-zero targets by 2050 through the Science Based Targets initiative (SBTi). Swissport International AG announces its steadfast commitment to […]
Shipping’s exodus from parched Panama in full flow
Global shipping has swiftly learned to live without the Panama Canal with real time seaborne trading maps experiencing one of the greatest and swiftest shifts over the past month. The transit backlog at the interoceanic waterway today numbers just 77 ships, 13 below the average since the 2016 expansion of the locks, and down by […]
Amazon scales up intermodal game in Europe
Global e-commerce giant Amazon seems to be taking decisive steps to decarbonise its European supply chains. The company has revealed that during 2023, rail and sea transport’s share in its logistical solutions increased by 50 per cent. Trucks still play an important role in first and last-mile operations; however, Amazon claims it is committed to […]
Opinion: Shining a Light on Grey, Not Green, Alternative Fuels
The benefits of alternative maritime fuels are a current topic that is not always fully explained. For LNG, we understand that there is a reduction in carbon of up to 23% in the two stroke engines which dominate the installed base. Adding increasingly available bio-LNG products produced from waste as a drop-in fuel and implementing […]
PKP Cargo’s overall performance drops, but EBITBA stays positive
The overall performance of PKP Cargo, the Polish state-owned cargo carrier, dropped for the first three quarters of 2023. The volumes were down by 18 per cent year-on-year, while the performance in tonnes-kilometres also declined by 16 per cent. At the same time, the company reported an increase in EBITDA and a return to profit […]
The middle corridor can fulfil different but equally important roles
“Here is an idea. Why not make the Middle Corridor a humanitarian corridor to transport essential goods such as food, energy, health (medical, pharmaceuticals etc)? These goods are always and critically needed, and the Middle Corridor will be less subject to geopolitical tension.” It is one of the suggestions by Leila Batyrbekova, founder of ECATA […]
The middle corridor can fulfil different but equally important roles
“Here is an idea. Why not make the Middle Corridor a humanitarian corridor to transport essential goods such as food, energy, health (medical, pharmaceuticals etc)? These goods are always and critically needed, and the Middle Corridor will be less subject to geopolitical tension.” It is one of the suggestions by Leila Batyrbekova, founder of ECATA […]
Royal Caribbean Takes Delivery of Icon of the Seas, the World’s Largest Cruise Ship
Royal Caribbean International has taken delivery of the world’s largest cruise ship, Icon of the Seas, from Meyer Turku shipyard in Turku, Finland. Delivery comes after more than seven years since the order was placed and 900 days of design and construction. Icon of the Seas is the first vessel in a series of three […]
Royal Caribbean Takes Delivery of Icon of the Seas, the World’s Largest Cruise Ship
Royal Caribbean International has taken delivery of the world’s largest cruise ship, Icon of the Seas, from Meyer Turku shipyard in Turku, Finland. Delivery comes after more than seven years since the order was placed and 900 days of design and construction. Icon of the Seas is the first vessel in a series of three […]
Just two bidders left in race to take over HMM
Widespread reports in South Korea suggest the battle to take over HMM, the country’s flagship line, now has just two parties interested with logistics group LX Group dropping out of the race. HMM’s creditors, including state-run Korea Development Bank and Korea Ocean Business Corp, have put up for sale a stake of about 58% in […]
