This paper attempts to understand the motives for Chinese port development, securitization of these ports and the model for investment flow. Further it will discuss policy concerns for India and outline a roadmap for improved India-Africa cooperation. In 2013, as part of a national growth strategy and to improve infrastructural connectivity throughout Southeast Asia, Oceania, the Indian Ocean, and East […]
Ocean freight rates have dropped for the past three months from their peak in July but are now picking up again post-Golden Week. Record-high new containership deliveries this year (2.5 mTEU delivered, 0.5 mTEU scheduled). Low volatility in schedule reliability provides predictable expectations for shippers.
With some U.S. ports progressing in their decarbonization goals while others strategizing their milestones according to each one’s ecosystem, the roundtable leaders urged the industry to build on its core business activities while strengthening their capabilities for pursuing the sustainability agenda. This encompasses ships, future zero-emission fuels, and the necessary supporting infrastructure. Ports, situated at a crossroads, are uniquely positioned […]
This position paper proposes a unified approach to “additionality” in the deep-sea shipping sector, focusing on enhancing consistency and upholding integrity within the book-and-claim market. Book and claim is a system that allows emissions reductions or sustainable actions, such as using low-carbon fuels, to be credited and tracked within the same value-chain even if they occur separately from where the […]
As we know the hot topic of the US East Coast/Gulf ports contract discussions was around the topic of port automation. This is a very interesting review (albeit from March 2024) and look at port automation at US Ports along with how other major ports around the globe are using automation, AI and other technologies to improve port productivity.
In 2023, the port and maritime industry’s total economic contribution to the United States included an estimated 2.5 million workers earning $214 billion in wages and benefits and generating $311 billion of GDP in the United States. The total economic contribution, or economic footprint, of the port and maritime industry consists of the industry’s operations and capital expenditures in the […]
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