Trans-Pacific container bottlenecks likely to last until end of Q2: Hapag-Lloyd

Port congestion and other logistical bottlenecks that are delaying container ship services and keeping freight rates elevated are likely to last until the end of the second-quarter, German shipowner Hapag-Lloyd’s North America President Uffe Ostergaard said on Feb. 4. Congestion at US ports will get worse in the months ahead before it gets better, Ostergaard …

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’It is groundbreaking in what it can unlock’: Maersk Tankers signs Sea Cargo Charter to help shipowners

The new venture has Eva Birgitte Bisgaard very busy, and very excited. Four months into her new role as Chief Commercial Officer at Maersk Tankers, she has been hard at work to make the Sea Cargo Charter the next milestone in the company’s drive to decarbonization. “It is groundbreaking in what it can unlock,” says …

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Grant Shapps to speak at UK Chamber of Shipping Virtual Conference

The Transport Secretary Grant Shapps will be one of the morning speakers at the UK Chamber of Shipping’s Virtual Conference, it has been confirmed today (5 February). The Secretary of State will join Her Royal Highness, The Princess Royal, Chamber President John Denholm and Shipping Minister Robert Courts in the morning session of speakers. Following …

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GE using aviation and MRI expertise to advance wind turbine technology

General Electric (GE) is tapping into the knowledge and expertise from its aviation and healthcare businesses to advance its wind turbine technology. The company is researching the design and manufacture of 3-D printed wind turbine blades, and developing a high-efficiency ultra-light low temperature superconducting (LTS) generator. GE Research, GE Renewable Energy, and LM Wind Power …

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El Contenedor Solidario del Port de Barcelona se cierra con 11.375 kilos de alimentos recogidos

La decimoquinta edición del Contenedor Solidario del Port de Barcelona se cerró el pasado domingo, día 31 de enero, con un total de 11.375 kilos de alimentos recogidos y con la aportación hecha por el Port de Barcelona a la Fundación IReS, que ha permitido ayudar a 70 familias en situación de vulnerabilidad con productos …

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Creditors green light Pacific International Lines’ restructuring

Pacific International Lines has filed an application to the Singapore High Court to seek approval for the company’s proposed restructuring plan. Under the plan, Singapore’s container shipping major is vying for fresh financing from Heliconia Capital Management Pte, an investment firm owned by Temasek Holdings, and a re-profiling of the company’s debts by way of …

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