Fortnightly maritime news for the industry and PortXL community.
CMA CGM took a giant leap in inking a pilot agreement with Freightos, becoming the first ocean carrier listed on the freight marketplace. This is despite the fact that CMA CGM has been working on its own e-commerce platform called Freddie, which has not been launched.
Barcelona is the first city to join the NGO-led initiative, which aims to establish an Emission Control Area (ECA) in the Mediterranean Sea to limit air pollution produced by ships.
With the adoption of a single approach towards reporting, a real internal market for shipping can be facilitated and harmonised.
Concluded in June this year, the merger between Belgium’s tanker shipping company Euronav and US-based crude oil shipping company Gener8 Maritime is a big step towards improving fuel consumption in preparation of the 2020 sulphur cap.
With the IMO 2020 sulphur cap deadline fast approaching, here’s a roundup on how the global shipping community is its boosting LNG bunkering services and infrastructure.
According to the Maritime and Port Authority of Singapore (MPA), the decision to ban open-loop scrubbers was made to protect the local marine environment. The ban will come into effect from January 1, 2020, the day the global sulphur cap kicks in for international shipping.
The non-profit Sustainable Shipping Initiative – made up of major shipping companies and banks – has launched the Ship Recycling Transparency Initiative’s (SRTI) online platform, a tool for sharing information on ship recycling to drive responsible practice.
Just days after U.S. President Donald Trump called on OPEC to maintain production at the same level, the organisation and Russia agreed to cut oil production by 1.2 million barrels a day.
According to a monthly Global Port Tracker report, imports at major retail container ports in the U.S. have reached two million containers in a single month for the first time, as retailers continue to bring in merchandise ahead of an increase in tariffs on Chinese goods.
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