Carriers Push for “No-Show” Fees – Maersk and APL are moving toward a system of penalties to be charged to shippers whose containers fail to meet cutoffs for their intended vessel. According to Maersk, 30% of booked containers never show up for their planned...
China Raises Power Prices – A looming power shortage in China has led to price increase as much as 3% in some areas. The increases are targeted at commercial, industrial, and agricultural users and specifically exclude residences. As summer’s peak demand approaches,...
Kite-Powered Ship – The international food/agricultural producer Cargill plans to use wind power to reduce fuel consumption by up to 35% on one of their chartered ships. They found a partner in Hamburg based SkySails GmbH & Co. KG . The German company will...
When a container ship is docked and being unloaded at port, it still needs to power onboard lights, refrigeration, etc. Traditionally, this power has come from auxiliary diesel engines onboard the ships. However, in efforts to reduce port emissions, Cold Ironing is...
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