Mandatory speed limits could be shipping lines’ best hope of achieving the IMO’s 2030 emissions reduction targets.
Shipping officer for lobby group Transport & Environment Faig Abbasov told The Loadstar slow-steaming could “single-handedly” achieve the target.
“We’re proposing mandatory limits, …
DSV may now launch a hostile takeover bid (see today’s Market Insight) for CEVA Logistics, after the 3PL yesterday signed a new “strategic partnership” deal with major shareholder CMA CGM
It’s a complex deal on paper, but essentially shows all …
DSV’s last word on CEVA Logistics was on Tuesday, before CMA CGM’s surprising offer emerged today, when the Danish logistics firm indicated it had given up in its pursuit.
“Based on the unwillingness of the board of directors of CEVA …
The International Maritime Organization (IMO) will today decide whether to ban the carriage of high-sulphur fuels, The Loadstar has learned.
Amendments to Marpol Annex VI were approved in April, during the Marine Environment Protection Committee (MEPC 72), and would prohibit …
The union representing the UK’s seafarers has rubbished plans revealed yesterday that the UK government is considering leasing a fleet of ro-ro ferries to secure vital supply chains, post-Brexit.
Leaked details of Cabinet meeting in which transport secretary Chris Grayling …
Panalpina’s poor showing in ocean freight dominated its finance and earnings call this morning as it released its third-quarter results.
As investors privately expressed “disappointment”, Panalpina itself focused on the 8.9% year-on-year growth in gross profit, to CHF1.116bn ($1.117bn), with …
UPS has reported a 9.2% upturn in revenues for the nine months to September, with growth across its three divisions.
Total revenues for the period hit $52bn, and while US domestic operations accounted for around 60% of its income, its …
