This study investigates smart port development within the Guangdong–Hong Kong–Macao Greater Bay Area (GBA), a key project under China’s expansive Belt and Road Initiative. This development is of paramount importance as it addresses the pressing need to modernize port infrastructure, thereby enhancing water transport efficiency and sustainability. Furthermore, it aims to bridge gaps in technology integration and policy implementation in […]
The Northern Corridor is a vital trade route in East Africa, connecting landlocked countries to the port of Mombasa, in Kenya. The corridor carries significant amount of cargo and is a crucial artery for the economic wellbeing of the region. Recognizing the environmental impact of freight movement along the corridor, a Green Freight Programme was established in 2017 majorly to […]
In July, long term rates for fronthaul trades increased month-on-month, while backhaul trades continued to see a decline. This trend mirrors the developments in the spot market, where front- loaded demand and supply chain dynamics are causing divergent movements in different trade directions. Short term rates from the Far East to the US and Europe began to soften in July […]
The shipping industry stands at the cusp of a revolutionary shift towards clean energy, with nuclear power emerging as an alternative to traditional fossil fuels. This shift comes with a plethora of advantages and disadvantages. Nuclear has the potential to provide a high-density, reliable energy source that could significantly reduce the carbon footprint of shipping activities. However, considerable challenges currently […]
The Port of Los Angeles had a very busy July, with inbound loads totalling 501,281 TEUs, up 37.6% from a year earlier and 5.2% higher over pre-pandemic July 2019. Over at the Port of Beach, inbound loads (435,081) surged by 60.5% from the previous July and by a whopping 38.8% over July 2019. Source: PMSA
Seamless communications between vessel- and shore-based personnel improves decision-making to support safer and more efficient ship operations, while the ability for crew to communicate with friends and family, browse the internet, and stream entertainment promotes well-being on board. Yet while the industry’s digital transformation is bridging the gap between ship and shore, it is also making vessels and their crew […]
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