A new concept in container ships used LNG fuel and no engine room. Instead there are combined gas-steam turbines that burn LNG. The prop is driven electrically. It should be greener, more efficient, and more flexible.
Thanks to Robert Gordon for posting on Linkedin Lloyds Maritime Group.
Source: Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room | World Maritime News
Posted in Shipping, Sustainability
What’s this about the huge rise in freight rates Shanghai to Europe and to the Mediterranean?
It’s a startling rise, but also note that the price Shanghai to the West Coast is much cheaper than Shanghai to the East Coast.
Since last week, rates from Shanghai to Northwest Europe and the Mediterranean increased by 328 percent and 298 percent, respectively.
This is an older (May 2015) article about the congestion situation at the port of New York/New Jersey and its relation to container shipping alliances. It’s still true by and large. It is based on a Journal Of Commerce (JOC) article. Chassis are still to blame in large part at these ports. I’m sure there’s more to it if you’re inside. But the point is clear.
Ports and Terminal operators need to address these downstream issues that affect how reliably cargo gets to end customers, and so do the ocean carriers.
You might be disappointed to hear that port congestion probably won’t ease as much as you expected despite the agreement between the IWU and the PMA.
Posted in Logistics, Ports, Production Operations, Shipping, Supply Chains, Trucking
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