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Think Tank
Ocean Transportation: Page 193
EPA Competition to Award Grants for Diesel-Cleaning Projects at U.S. Ports
The U.S. Environmental Protection Agency is announcing the availability of $4m in grant funding to establish clean diesel projects aimed at reducing emissions from marine and inland water ports, many of which are in areas that face environmental justice challenges.
Despite Vow to Limit Support, China Continues Subsidizing Domestic Shipbuilding Industry
China is handing out new subsidies for buying ships to help its beleaguered shipbuilders, confounding a government pledge to reduce support for sectors with over-capacity in order to reform the economy.
Ocean Shipping Industry Struggles with Profitability Despite Record Volume, U.N. Survey Finds
Driven by rising domestic demand in China and by increased intra-Asian and so-called South-South trade, international seaborne trade performed relatively well in 2012, with volumes increasing by 4.3 percent, reaching 9.2 billion tons for the first time ever, according to the United Nations Conference on Trade and Development's Review of Maritime Transport 2013 reports.
Yusen Logistics Offers Temp-Controlled Consolidation to Africa
Yusen Logistics has joined with Imperial Health Sciences (HIS) to provide a temperature-controlled sea-freight consolidation service to Southern Africa for the pharmaceutical industry.
G6 Alliance Announces Expansion in Pacific and Atlantic Trades
The vessel-sharing arrangement known as the G6 Alliance is extending its reach to the Asia-North America West Coast and trans-Atlantic trade lanes.
'South-South' Trade Lanes Connecting Latin America, Africa, Asia Grow in Importance
Changes in global trade have left freight forwarders and logistics operators open to additional liability, warns an insurance specialist.
Urgent Imports of LNG Sought for Southern French Ports
Gas supplies at the southern French hub of Marseille are running dangerously short on a dearth of liquefied natural gas (LNG) deliveries, cold weather and low stocks at the onset of winter, pushing prices there to among the highest in the world.
Highroad Consulting Launches Post-Audit Firm
Highroad Consulting Ltd. has launched a new post-audit firm, known as FrateAudit.
RCMP Busts Canadian Suspected of Passing Shipbuilding Procurement Practices to China
Canadian police have arrested a Toronto man suspected of seeking to give China classified information about Canadian shipbuilding procurement policies, security officials said on Sunday.
Maersk Looks to LNG as New Energy Source
LNG could become the future fuel for Maersk Line. The group is currently negotiating the possibility of using the liquid natural gas with Russian energy giant Gazprom.
EU to Investigate Possible Price Collusion Among 14 Top Container Lines
EU regulators will investigate whether 14 of the world's major container shipping companies, including A.P. Moller-Maersk and MSC, have been illegally orchestrating price rises for European routes since 2009.
Maersk Contracts for More Environmentally Sustainable Coatings for Ocean Containers
Valspar Corporation, a global player in the paint and coatings industry, will provide Valspar Aquaguard waterborne coating for shipping containers manufactured in Maersk Container Industry's operations in Dongguan, China. With this agreement, manufacturing of a significant share of dry goods containers will convert from solvent borne coatings to Valspar Aquaguard waterborne coating.
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