MSC plan to cut CO2 Emission with Biofuels

MSC Mediterranean Shipping Co. has decided to start using biofuels in its vessel starting from Rotterdam,Netherlands. With it successful trials with biofuel blends earlier this year MSC has now decided to use blended biofuel for its vessels . MSC started with 10% blended biofuels thereby increasing it to 30% with successful trails thereby cutting CO2 emission by 15-20...

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GMS Offers Valuable Service for Retired Vessels

Being as controversial as it is, the practice of shipbreaking is relinquishing its role to more productive means of retiring used vessels. One of these means is ship recycling. One of the most prominent companies in this industry is GMS LeaderShip, a company with a global office disposition that conducts cash buys of ships in order to recycle them or sell them to other companies that do. So far, GMS has negotiated the recycling of about 2,000 vessels, making them the premier company in the industry...

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Peak Season Surcharge for All Imports to Vostochniy, Russia

The shipping industry experienced a flux of increased freight rates.  This is due to the year before showing exceptionally low freight rates where shipping companies lost billions of dollars due to overcapacity.  The consequence of this was a 2012 that saw many companies looking for ways to increase their rates to meet costs on ocean freight. This phenomenon has manifested itself in many companies increasing previously implemented or implementing peak-season surcharges.  One of...

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UPS Takes Proactive Steps On Fire Protection

UPS has placed an order for 1,821 fire resistant shipping containers capable of containing a fire with temperatures as high as 1,200F for more than 4 hr. to use on its aircraft. Deliveries start in September and will be complete by early 2014, the airline says. The unit load devices (ULDs) are built with MACROLite, a fiber-reinforced plastic composite similar to the...

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