Turnover increase by 29,3% – New all-time record in revenue and profitability, generating an ever-increasing direct benefit to the surrounding municipalities Detailed report…
https://ferryshippingnews.com/port-of-piraeus-ppa-s-a-financial-results-for-h1-2022/
September The September figures reflect the fact that as of 20 September 2022, six of the company’s vessels are chartered out. +26.5% pax / +0.6% freight units / -4.7% pax vehicles Q3 The biggest passenger number increase during the quarter was on the Finland-Sweden route with the passenger number...
https://ferryshippingnews.com/tallink-grupp-reports-largest-quarterly-passenger-number-since-2019/
It’s true that e-commerce growth is slowing amid inflation and reduced pandemic fears. But for the first time in history, U.S. retail e-commerce sales are projected to surpass $1 trillion in 2022, according to data from eMarketer.
One industry in particular is leading the way. According to the inaugural e-commerce industry trend report from e-commerce platform BigCommerce (NASDAQ: BIGC), the fashion and apparel sector has been a North American e-commerce powerhouse so far in 2022.
BigCommerce...
https://www.freightwaves.com/news/fashion-and-apparel-lead-way-in-north-america-e-commerce-sales
Shipping-related greenhouse gas emissions rose by 4.9% in 2021 and were higher than in 2020 and 2019, according to Simpson Spence & Young’s annual industry report.
Shipping emissions came in at 833 million metric tons of carbon in 2021, compared with 794 million metric tons in 2020 and 800 million metric tons in 2019.
This rise in emissions comes despite growing climate ambitions and efforts to reduce emissions in the maritime industry. Shippers are experimenting with alternative fuels and...
https://www.freightwaves.com/news/report-shipping-emissions-rose-nearly-5-in-2021
The Getting to Zero Coalition, with a goal to decarbonize the shipping industry, released a report Tuesday about how different policy measures could aid in making zero-emissions shipping commercially viable.
The World Economic Forum, the Global Maritime Forum and Friends of Ocean Action are members of the Getting to Zero Coalition. The report was created in partnership with maritime consultancy UMAS.
On its current path, projections estimate that shipping-related greenhouse gas emissions will...
https://www.freightwaves.com/news/how-can-zero-emissions-shipping-be-commercially-viable
The world’s largest shipping lines have made nearly USD 80bn in operating profit so far this year, a new report published by Sea Intelligence shows. The post Largest shipping lines hit “a…
Asia is the largest provider of seafarer workforce in the world accounting for four of the top five countries supplying seafarers in 2021, a new report published by the United Nations Conference on…
January–September 2021 +17% Revenue EUR 425.9 million (EUR 363.1 million in 2020). +27% Result EUR 69.0 million (EUR 54.2 million) EBITDA EUR 121.2 (107.2) million Cargo units 583,000 (536,000 in 2020) Cars 124,000 (102,000) Tons of freight not possible to measure in units 1,041,000 (811,000)...
Decrease in revenue is mainly due to changes in contract portfolio. Revenue: -17% (Q3) and -14.6% (YTD) Norled ended 5 contracts at year end 2019 and started 4 new contracts 1 January 2020. Indre Sogn (ferries) Sunnmøre (ferries) Rutepakke3 Hordaland (ferries) Troms (expressboats) Increased EBITDA...
Lax oversight by the owner, no roving watch, insufficient smoke detectors and poor escape routes contributed to the fire that killed 33 passengers and one crew on a California dive boat last year, the National Transportation Safety Board (NTSB) ruled Tuesday.
Divers’ electronic devices such as cell phones, underwater flashlights and tablets were being charged overnight. National Transportation Safety Board photo
The NTSB also faulted the Coast Guard for not following an earlier suggestion to...