How Vessel Slow Steaming May Affect Your Import/Export Business
3-minute read
Newly-appointed New Zealand Council of Cargo Owners (NZCCO) chair Ant Boyles has expressed concern that container lines may opt for slow steaming to comply with pending International Maritime Organization (IMO) emissions-reducing regulations.
Energy Efficiency Existing Ship Index (EEXI) and carbon intensity indicator (CII) requirements are to come into force from January 1 next year, following amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI.
An Update on the Global Supply Chain Situation
4-minute read
The global shipping line Maersk reports that customers continue to face a raft of challenges as the Russia-Ukraine conflict weighs on the longer-term outlook for the global economy amid concern that inflation and higher energy prices will lead to lower consumer demand, damaging international trade.
According to Maersk, the short-term outlook, however, is more positive. Cargo volumes through Shanghai are returning to pre-lockdown levels, and demand from US consumers is pulling forward the peak shipping season on North American trades.
Increase in Containers Lost Overboard Sees Industry Take Action
5-minute read
The latest loss of containers from the APL Vanda has once again thrown the spotlight on the problem of boxes being lost at sea and what can be done to prevent it.
The CMA CGM vessel suffered a stack collapse that saw 55 containers lost overboard from a single bay in heavy weather en route from Singapore to Suez, just before entry to the Gulf of Aden. No injury was reported.
