Tag: maritime trade

Shanghai Port, ranking first worldwide in container throughput for 12 consecutive years, is staging green transformation and becoming an increasingly clean, energy-saving and efficient modern hub port.

Although an estimated 70 to 80% of the goods we use in our daily lives is brought to us by ships, the complex laws and regulations that keep shipping working only get the public’s attention when there’s a dramatic event at sea or there’s a problem with supply chains, Canadian not-for-profit and independent research centre Clear Seas notes.

Earlier this month, the Xinhua-Baltic International Shipping Centre Development Index was released for 2021, ranking Singapore as the world’s top maritime center for the ninth consecutive year. But what makes a maritime center and which criteria rank one maritime center higher than the other?

IG Clubs has approved electronic i.e. paperless trading, systems administered by EssDOCS, Bolero International Ltd, E-TITLE, edoxOnline, WAVE, CargoX, TradeLens, and now IQAX Limited has been added to the list of IG approved system providers.

Since February, the EU has imposed sixth packages of sanctions against Russia, including targeted restrictive measures (individual sanctions), economic sanctions and diplomatic measures. The EU has also adopted sanctions against Belarus in response to its involvement in the invasion of Ukraine.

ICS noted that ship operators are braced for further disruption to trading patterns as the European Union targets a sixth round of sanctions against Russia in response to its invasion of Ukraine.

During the World Ports Conference 2022, the IMO Secretary-General highlighted the importance of ports in maritime decarbonization through their voluntary cooperation with other stakeholders to reduce GHG emissions from ships and acknowledged IAPH's role as a strategic partner in IMO's GreenVoyage2050 Project.

UNCTAD Secretary General Rebecca Grynspan discusses the actions required to ensure global trade is equitable in the face of major challenges of Ukraine, COVID-19 and climate change.

European Maritime Safety Agency (EMSA) released its monthly report focusing on the impact of COVID-19 pandemic in shipping traffic. By analyzing ship calls at EU ports it was found that when comparing year 2021 with 2019, the number of ships calls at EU ports increased by 3.2%.

While shipping’s ability to offer economic and long-distance transport of goods puts it at the forefront of world economy, it is impressive how little most people think about how they have got everything they own.