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Ocean carriers can use digitalisation to turn DnD challenges into an advantage

In the complex world of ocean freight, every container’s journey holds the potential for profit or loss. One of the most significant financial pain points affecting ocean cargo carriers worldwide is the maze-like landscape of Demurrage and Detention (DnD) agreements – agreements that outline the terms and conditions governing the use of shipping containers and …

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Forecast impact on US East Coast container port calls following collapse of Francis Scott Key Bridge in approach to Baltimore Port

Handling diverted Baltimore container cargo as well as the anticipated market growth in 2024 may prove challenging for US East Coast ports, many of which are already at reasonably high utilisation levels. On March 26th 2024 at 1:28am the MV Dali, a 10,000teu containership, collided with one of the support columns of the Francis Scott …

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The Sea Cargo Charter expands its scope to accelerate shipping’s decarbonization

The Sea Cargo Charter (SCC), a global framework for aligning chartering activities with responsible environmental behaviour to promote international shipping’s decarbonisation, is expanding its scope four years after its inception. With 37 signatories already on board, this expansion aims to increase the initiative’s impact on transparency and shipping decarbonisation across the entire industry by allowing …

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Shipping industry faces fuel dilemma in bid to cut emissions

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run, is complicating that path to net zero, according to executives. Global shipping firms are looking for ways to lower their carbon footprints, particularly as the International Maritime Organization (IMO), which regulates …

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Greek TSO opens tender for submarine power cables

Greek electricity grid operator Independent Power Transmission Operator (IPTO) has launched a tender for submarine […] The post Greek TSO opens tender for submarine power cables appeared first on Offshore Energy.

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