Søren Skou, CEO of AP Moller – Maersk, has proposed a carbon tax on ship fuel of at least US$450 per tonne of fuel, which translates to around US$150 per tonne of CO2. The boss of the Danish giant described it as “a levy to bridge the gap between the fossil fuels consumed by vessels […]

It is well known for any cargo owner or freight forwarding company that having data to monitor the supply chain is key to any type of operation. For some companies the persistent challenge is to connect the end-to-end information, for others who have completed the puzzle, the challenge becomes knowing if they have enough data […]

Maersk Line has announced it will stop all its calls to the Port of Chornomorks in Ukraine from the 33rd week of the year. However, the Danish shipping carrier has confirmed it will continue to transport cargo to Ukraine via the Port of Pivdennyi, docking in DP World TIS Container Terminal. The last call of […]

The Los Angeles Board of Harbor Commissioners has approved a US$1.7 billion Fiscal Year (FY) 2021/22 annual budget for the Port of Los Angeles. The approval comes on the heels of record cargo volumes during FY 2020/21 and a few days after Long Beach Harbor Commission gave the green light to the budget of the […]

The shipping lines continue to change their schedules in order to face the ongoing congestion at the Yantian International Container Terminal (YICT) of the Port of Shenzhen, China, where the yard density remains high. MSC announced it will be omitting a number of calls at the Yantian port so as to minimise the impact on […]

2M Alliance of Maersk and MSC has decided to replace the call at the Port of Hamburg with the Port of Bremerhaven on its AE7/Condor service due to the severe congestion issue in Hamburg Eurogate Terminal, which is impacting schedule reliability and causing delays to shipments. The change will take effect immediately and will last for […]

According to the United Nations (UN), the agreement reached by 196 nations at COP21 on 12 December 2015, which entered into force nearly a year later on 4 November 2016, is a legally binding international treaty on climate change. Also known as the Paris Agreement, COP21 established the goal of limiting global greenhouse gas (GHG) […]

Wan Hai Lines has confirmed an order of four container vessels with 13,100TEU capacity, as part of the company’s fleet improvement plan. The new vessels will be built by the South Korean shipbuilding company, Samsung Heavy Industries, according to the contract signed on 31 May, and will start taking delivery in the second quarter of […]

Operators of two container terminals in Busan New Port have secured volumes from the container shipping alliances for at least the next five years, in anticipation of enhanced competition when more piers in the port open. THE Alliance, which consists of Hapag-Lloyd, ONE, Yang Ming and HMM, has signed a contract with Hanjin Busan Newport […]