COSCO Invests $2.15 Billion in Methanol-Powered Container Ships
How is COSCO shaping the future of sustainable shipping? COSCO Shipping has made a significant investment of $2.15 billion in a dozen new methanol dual-fuel container ships, demonstrating its commitment to sustainable shipping practices. These vessels, capable of running on both methanol and conventional fuels, represent a major step towards reducing the carbon footprint of […]
Dry Freight Container Production Hits Record High Amid Industry Demand Surge
What happens when global demand meets efficient production? The dry freight container industry just provided the answer, as production levels have surged past previous records, signalling a robust response to increasing global trade demands. The production of dry freight containers has surpassed previous all-time highs, reflecting the industry’s resilience and the growing global demand for […]
TT Club Steps Up to Reduce Container Losses at Sea
TT Club, a leading provider of insurance and risk management services in the transport and logistics sector, is intensifying its efforts to address the ongoing issue of container losses at sea. This initiative comes as part of a broader strategy to enhance safety and sustainability in maritime operations. The company is implementing innovative technologies and […]
OOCL Mega Ship: OOCL Names Final Energy-Efficient 24,188 TEU Ship
Is OOCL’s New Mega Ship a Game-Changer for Energy Efficiency? In a significant move for maritime innovation, Orient Overseas Container Line (OOCL) has unveiled its latest and final addition to its mega ship fleet – a colossal vessel boasting an impressive 24,188 TEU capacity. This ship represents a major leap forward in energy efficiency and […]
Maersk Predicts Early Arrival of Container Peak Season
Will the Container Peak Season Hit Earlier This Year? As the global supply chain navigates its usual labyrinth of peaks and troughs, Maersk has stirred the pot with a forecast predicting an earlier-than-usual peak season for container shipping. If you’re scratching your head and wondering why this year’s peak season might be crashing into our […]
Indian Port Strike: Ports offer wage hikes to avert dockworker strike
India on the Brink: Will a Nationwide Indian Port Strike Disrupt Trade? As tensions rise, India is teetering on the edge of a nationwide port strike that could have massive implications for trade. Despite efforts by the Indian Ports Association (IPA) to calm the waters with a revised wage hike proposal, dockworker unions remain unswayed, […]
A shopping mall made of shipping containers in Taunton?
Daniel Schemer The Taunton Daily Gazette TAUNTON — An outdoor retail shopping plaza assembled out of shipping containers? That’s an idea the city of Taunton is determined to make a reality within a year as part of efforts to revitalize the waterfront area of the Weir Village. Where would this retail plaza be located? The former Bacon Felt […]
Pacific International Lines Expands Fleet with New Order for Five Container Ships
How does fleet expansion impact the competitive shipping market? Pacific International Lines (PIL) has joined the growing trend of container ship orders, placing an order for five new vessels. This move aligns with the company’s strategy to modernise and expand its fleet, ensuring it remains competitive in the global shipping market. The newbuildings are part […]
CMA CGM Faces Another Incident as Ship Loses Containers Off South Africa
How often do container losses at sea impact global shipping routes? In a recurring issue for CMA CGM, one of the company’s container ships has lost a significant number of containers off the coast of South Africa. This latest incident adds to a string of similar occurrences affecting the global shipping giant. The lost containers […]
Nuclear Power in Container Shipping: A New Era on the Horizon?
Lloyd’s Register and CORE POWER, along with Maersk, are exploring the feasibility of using nuclear power for container shipping. They’ve launched a joint regulatory assessment to investigate the safety and regulatory frameworks needed for a nuclear-powered feeder containership. This initiative focuses on leveraging a fourth-generation nuclear reactor, known for its inherent safety, potentially revolutionising cargo […]
