The maritime industry, a vital component of global trade, has consistently set records with groundbreaking advancements in speed, size, efficiency, and environmental innovation. As one of the largest industries powering international commerce, shipping companies and ports are pushing the boundaries...
https://www.captainsmode.com/maritime-industry-fastest-largest-busiest-first/
The shipping industry contributes approximately 3% of global greenhouse gas emissions, equating to nearly 10% of the transportation sector’s total carbon footprint. With over 90% of the world’s goods transported by sea, decarbonizing maritime shipping is crucial to curb its environmental impact....
https://www.captainsmode.com/shipping-reduce-carbon-emissions/
The colossal container ship Ever Given rammed the east bank of the Suez Canal 25 minutes after the pilots boarded and blocked the entire waterway for six days. Due to gusty winds and human error, the mega-ship swung out of control in the early morning of Tuesday, March 23, 2021, while carrying...
https://www.captainsmode.com/investigation-results-ever-given-blocked-suez-canal/
Australia could be hit by disruptions from a severe global supply chain crisis, which looks likely to kick-off next Tuesday (01 October 2024). We might see a global shortage of […]
Angela Chao, a shipping CEO and sister-in-law to Senate Minority Leader Mitch McConnell, was intoxicated when she drove into a pond at her Texas ranch last month, according to a report from the Blanco County Sheriff’s Office.
The sheriff’s office ruled Chao’s death an “unfortunate accident,” according to the report on the investigation released Wednesday. An autopsy was not performed on Chao, but a toxicology test revealed her blood alcohol concentration was nearly three times the legal limit in...
Angela Chao, the CEO of New York-based shipping company Foremost Group, has died in a car accident at the age of 50, according to a news release.
“It is with deep sadness that Foremost Group announces the passing of Angela Chao in a tragic car accident. Angela Chao was a formidable executive and shipping industry leader, as well as a proud and loving daughter, sister, aunt, wife and mother,” according to a statement from the Foremost Group published in MarineLog.
The Foremost Group did not...
https://www.freightwaves.com/news/angela-chao-ceo-of-global-shipping-firm-foremost-group-dead-at-50
In the wake of COP26, the international shipping sector felt the pressure to reduce its greenhouse gas (GHG) emissions more rapidly. The recent adoption of the 2023 International Maritime Organisation (IMO) Strategy on Reduction of GHG Emissions confirms ambitious plans to achieve net zero for the sector by 2050. But is that goal achievable, and what will need to change for it to happen?
What Was The Situation?The existing IMO strategy (agreed at MEPC 72 in April...
https://mfame.guru/will-global-shipping-hit-net-zero-by-2050/
Global Shipping Is under Pressure to Stop Its Heavy Fuel Oil Use Fast—That’s Not Simple, but Changes Are Coming, states a news UTK source.
Driver of climate changeMost of the clothing and gadgets you buy in stores today were once in shipping containers, sailing across the ocean. Ships carry over 80% of the world’s traded goods. But they have a problem – the majority of them burn heavy sulfur fuel oil, which is a driver of climate change.
While cargo...
https://mfame.guru/shipping-industry-must-stop-using-heavy-fuel-oil-fast/
Although TT has previously covered this subject, wildlife crime poses a serious danger to biodiversity, local and national economies, national and international security, and global health. The global pandemic raised awareness of new infectious diseases, 60% of which are zoonotic, or infectious diseases that can spread from animals to people, as well as the negative effects of wildlife crime and unrestricted trade.
Illegal wildlife tradeWildlife crime is thought to...
When one of the largest shippers on the planet partners with one of the most popular e-commerce platforms in the world, it’s worth paying attention.
On Tuesday, international shipper DHL (OCTUS: DPSGY) and e-commerce firm BigCommerce (NASDAQ: BIGC) announced a partnership that will grant BigCommerce merchants access to the DHL Express delivery network.
The partnership also makes merchants eligible for perks like discounted rates and access to DHL shipping and logistics professionals.
By shipping...
https://www.freightwaves.com/news/dhl-partners-with-bigcommerce-on-b2b-and-b2c-delivery