Sunday, December 3, 2023
shipping and freight resource services

News

Conversion of bill of lading to electronic bills gains traction with BIMCO’s 25 by 25 pledge

Some of the world’s biggest shippers in the bulk sector have made a commitment to target moving 25% of their annual seaborne trade volume...

Cultural connections may be driving FCL volumes and trade globally – new insights

A rise in expat population settling in almost all parts of the world is seen as a growing segment driving global C2C (Customer to...

Meet BBNJ, the New oceans treaty to protect marine biodiversity on the high seas

A new legally binding international instrument on the conservation and sustainable use of marine biological diversity in areas beyond national jurisdiction – known as...

Traxens upgrades container tracker to meet new explosion safety requirements on ships

With the shift to green methanol-powered vessels and the increasing safety requirements by the International Maritime Organization, various shipping products are now being subjected...

Jeddah Port scoops Port of the Year Award beating top international rivals

Jeddah Islamic Port, part of The Saudi Ports Authority (Mawani) won the Port of The Year and Digital Transformation awards at the 7th Green...

Bills of lading will be 100% electronic by 2030 – DCSA member lines commitment

The paper bill of lading, one of the oldest documents in global trade dating back to the 17th century may be a thing of...

DP World to develop and operate container terminal at Deendayal port – India

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast...

South Africa’s Transnet looking for partner to operate Joburg/Durban rail corridor

Transnet SOC Limited, a state-owned enterprise of South Africa, operates several divisions such as Ports, Rail, Pipelines, and Engineering and is considered the largest...

Proof of Interoperability sparks sign ups for trade documentation transfer – CargoX

CargoX, one of the few electronic trade documentation transfer platforms approved by the IG P&I Clubs for electronic bills of lading is reportedly seeing...

Electricity is coming to South Africa, possibly by ship

South Africa is one of the largest countries in Africa, the 25th biggest in the world, and currently ranked 31st among major economies and...

Emerging and developing countries forced into multi-year period of slow growth..??

Sharp, long-lasting slowdown to hit developing countries hard 2023 global growth to slow to 1.7% from 3% expected six months ago 2023 forecasts...

The end of Container Dwell Fee at San Pedro Bay ports

The Container Dwell Fee announced by the San Pedro Bay ports of Long Beach and Los Angeles on the 25th of October 2021 will...

France working on accelerating electronic trade documentation and trade finance

Following the announcement of the UK to legislate electronic trade document transfer, long-time trade rival and erstwhile EU partner France is now looking to...

TradeLens to be shutdown due to lack of commercial viability

TradeLens, an open and neutral industry platform underpinned by blockchain technology started by Maersk and IBM to offer customers digital freight solutions will soon...

MSC receives first branded aircraft, amid dropping air cargo demand

Following CMA CGM’s recent venture into the world of air freight and Maersk’s re-entry into the business, MSC (Mediterranean Shipping Company), the world’s largest...

CMA CGM Group grows its revenue by 29.9% Y-o-Y reaching $19.91 Billion in Q3 of 2022

CMA CGM Group, founded by Mr.Jacques Saadé, is currently the 3rd largest container shipping line in the world, owning and operating over 600+ container...

South Africa wants a National Shipping Line – public invited to comment

South Africa occupies the Southern-most tip of Africa with a long coastline stretching more than 3 000 km from Namibia on the Atlantic coast...

Decline in spot freight rates accelerates as carriers struggle to contain the drop

The SHIFEX index, which monitors container ocean spot freight rates, showed that freight rates for 40’ containers moving from China to the port of...

Single window for EU customs created and new rules adopted for digital collaboration

Efficient customs clearance and controls are essential for the smooth flow of global trade. One of the ways in which countries are achieving this...

Financial reward for investing in low emission fuels – decarbonising shipping

Ships using low/net zero emission fuels would be financially rewarded for the emissions they prevent. Measure aims to ensure at least 5% of...

Recent articles

spot_img