87 percent of cargo theft involved trucks compared to 13 percent for other modalities.
Information from various sources has indicated a relatively smooth transition to the 0.50% sulphur limit. Prices for compliant fuels – very-low sulphur fuel oil (VLSFO) and marine gas oil (MGO) rose quickly initially but now appear to be stabilizing.
The unions said demands placed on seafarers by ship operators is unreasonable and does not take into account the requirements for hours of rest.
According to the 2020 Agility Emerging Markets Logistics Index, industry executives anticipate a recession in 2020 amid concerns about downward pressure on global trade volumes,
Maersk has reached an agreement to acquire Performance Team, a US-based warehousing and distribution company, for US$545 million.
The 3,600 DWT general cargo vessel MV Ankie, installed with the Ventifoil wind-assist system, made its maiden voyage, sailing for Wagenborg from Delfzijl to Hamburg, onwards to Norway and then back to Rotterdam.
Jeff Bezos, CEO of Amazon and the world’s richest man, said that he is committing US$10 billion to fund scientists, activists, NGOs to tackle climate change.
The number of ship’s crew members being kidnapped in the Gulf of Guinea increased by 50% in 2019 and this year has begun with a further escalation of violence, armed robbery and kidnaping.
The Panama Canal Authority has said it will impose a ‘Freshwater Charge’ on ships passing through the canal from 15th February.
BP’s new ambition to be a net zero company by 2050 or sooner covers the greenhouse gas emissions and carbon from its operations worldwide.
