Vessel redirects – in the name of profit rather than the planet
The Cape of Good Hope dilemma
Few outside shipping’s technical circles understand ballast water management systems – and hell, why should they – but the practice of taking on ballast water in one part of the world and discharging it elsewhere represents one of the greatest threats to many marine ecosystems, as it has resulted in “the spread of invasive aquatic species, which can cause havoc for local ecosystems, affect biodiversity and lead to substantial economic loss”. Last week Finland voted to adopt a convention on ballast water management drawn up by the International Maritime Organization, and by doing so pushed the required threshold of international tonnage over the 35% mark, which means the convention will become international law 12 months from now. Trouble is, the US is also introducing a ballast water law, but one that is considerably stricter than the IMO’s, leaving some shipowners with some difficult decisions to make.
WestJet will 'disrupt' Canada with three 737Fs, but rivals aren't scared
The 'mother of all BAFs' looms for shippers as green targets advance
First shipper uses new land-air corridor ex-India for Bangladesh exports
Carriers turn their gaze back to scrubbers as voyage results tumble
Forwarding M&A round-up: plenty of action making smaller headlines
The parcel empires strike back as smaller players take stock
Comment on this article