Port of Rotterdam Bracing for Operations under Brexit

Posted By Tony Sanchez / Seaport / 0 Comments

March 12, 2019 Dutch authorities are taking steps to minimize delays caused by additional customs formalities at ferry and shortsea terminals should the UK leave the European Union on March 29, 2019. Additional customs formalities, required for so-called third countries, would mean more intensive passport checks and inspections, leading to longer processing times at terminals. […]

CMA CGM Containership to Test Sustainable Marine Biofuel

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 12, 2019 French container shipping company CMA CGM and Dutch Port of Rotterdam have joined forces with IKEA Transport & Logistics Services and the GoodShipping Program to test and scale the use of sustainable marine biofuel oil. The test will commence with a bunkering of the marine biofuel oil on a CMA CGM container […]

Drewry: Rising Demand to Push China’s Chemical Freight Rates Up

Posted By Tony Sanchez / Cargo News / 0 Comments

March 12, 2019 China’s increasing domestic demand for chemical shipping is expected to strengthen coastal freight rates, according to shipping consultancy Drewry. The demand has been boosted by the rapid expansion in Chinese base chemical production capacity. Some 55% of the new production capacity is located in East China, 23% in North China and 22% […]

TORM: Product Tanker Market to Benefit from 2020 Sulphur Cap

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 12, 2019 The International Maritime Organization (IMO) sulphur cap will lead to an incremental increase in product tanker trade during 2019 and 2020, Danish shipping company TORM believes.  As explained, the reduction in the global limit for sulphur emissions from 3.5% to 0.5% and the accompanying shift in marine fuel consumption will lead to […]