Shipping Alliances: Cooperation in a Competitive Global Industry
Global container shipping is one of the most capital-intensive and competitive industries in the world. Moving over 80% of international trade by volume, shipping lines face enormous costs related to vessels, fuel, port infrastructure, and compliance with environmental regulations. To manage these pressures while maintaining reliable global coverage, many carriers participate in shipping alliances. What Are Shipping Alliances? Shipping alliances
Shipping Hazardous Goods: Safety, Compliance, and Best Practices
Shipping hazardous goods is a critical part of global trade, supporting industries ranging from manufacturing and healthcare to energy and technology. However, because these materials pose potential risks to people, property, and the environment, their transportation is strictly regulated. Understanding how to ship hazardous goods safely and legally is essential for any organization involved in logistics or supply chains. What
First Arctic container service from China to Europe
World’s First Arctic Container Route Launched by Istanbul Bridge The container ship Istanbul Bridge marked a historic milestone on 22 September, departing from Ningbo-Zhoushan Port in China to Felixstowe Port in the United Kingdom. This voyage inaugurated the China-Europe Arctic Express Route, the world’s first container shipping route via the Arctic’s Northern Sea Route (NSR). Neom Holding, based in the
Red Sea Crisis and amazing growth of rail imports from China
The Red Sea Crisis began in October 2023 when the Houthi movement in Yemen launched an attack on Israel, demanding an end to the invasion of Gaza Strip. Since then, the Houthis have captured and targeted many merchant and naval vessels in the Red Sea. US and allied forces retaliation strikes followed. This complicated political situation has had a great
Amazing benefits of CPTPP for the UK
UK joined CPTTP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) on December 15th 2024, becoming the first European nation to join the pact. Other members are: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. These nations together account for around 13% of the global economy, reflecting their significant economic influence. The agreement’s main aim is
Promising launch of the first Chinese hydrogen containership
Beijing’s Global Times have recently reported that China has launched its first hydrogen containership in Jinxing, Zhejiang Province. This event marks a milestone in green shipping. Two 240 kW hydrogen fuel cell systems power the 64.5-metre vessel which also has a capacity of 64 standard containers and a range of 380 kilometres. So why is the introduction of hydrogen fuelled