Cosco profits surge, but headwinds from the US may slow pace of growth
Cosco’s box shipping division recorded surging revenues and profits last year, on the back of ...
While shipping around the Cape of Good Hope has increased ship emissions, by adding distance and voyage duration, uncertainty in maritime supply chains has led to a shift toward air cargo for some shippers.
This has created a massive secondary increase in CO2, which dwarfs that of the extended shipping route.
The Loadstar has shared data from SeaRoutes suggesting emissions from a vessel travelling around the Cape could be some 27% higher per teu than going via the Suez Canal.
However, this estimate ...
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