Shipping is still a heavyweight on the list of the largest polluters in Europe, according to the European Commission's updated database of most pollutive companies in terms of their CO2 emissions in 2020.
This year, Swiss container carrier MSC is once again at the top of the list with carbon emissions of 10.9 million tonnes, followed by the world's largest container carrier, Maersk, with 6.5 million tonnes of carbon emissions.
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Extreme container rates can push shippers into bankruptcy
Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.
DCSA: Customers' lack of focus delays digitization of container market
Container carriers' customers are currently so fixated on capacity shortages that they have less time to enter projects aimed at creating common digital standards in the industry. "We'll have to wait for them to be ready again," DCSA CEO Thomas Bagge tells ShippingWatch.
87 vessels scrapped at Asian beaching yards in the third quarter
Carriers in the US, Europe and South Korea continue to scrap end-of-life ships at beaching yards in Southeast Asia. The third quarter proved the most fatal on record, according to NGO Shipbreaking Platform.
Containers piling up at Port of Felixstowe
Efficiency is dropping at UK container port Felixstowe while containers are piling up, according to Vesselsvalue. Some carriers are now opting to divert their vessels away from the port.
Multipurpose market red-hot but short on capacity
With acute shortages of capacity, bottlenecks and ensuing delays have continued to affect the multi-purpose sector, where containers are lucrative goods. The rates are currently record high, according to an analysis from Toepfer Transport.
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