Blogs

Russia Has Future Plans Of Launching An Arctic Container Shipping Line Russia has expressed its long-term plans of setting up an arctic container shipping company that will definitely go a long way in establishing the significance of the Northern Sea Route in the Arctic region. This new, state-run containership operator is backed by the ministry along with Skolkovo (the well-known Russian think-tank) as a strong attempt to popularize the Northern Sea Route in order to utilize the full potential of the Arctic region in the global trading arena. In fact, the overall shipping costs involved in accessing the NSR is actually much lower than that of the Suez Canal and hence, it will prove beneficial in reducing the rates to a great extent. The Russian container operator is also going to supervise the safety of the cargo, plus maintaining the competitive element in the transshipments costs to eventually promote the convenience factor of  NSR. Florida-Based CSX Terminals Utilize The Tideworks TOS Across The Terminal Network The CSX Intermodal Terminals has its headquarters in Florida and is no focusing on implementing the trustworthy Tideworks TOS across the entire network. The Terminal Operating System (TOS) as offered by the Tideworks venture has gone live on the CSX Terminals and has made it really convenient with the launch of an advanced, hi-tech platform that is super easy to connect with. After witnessing the success of using Tideworks at the Northwest Ohio Terminal (NWOH) in 2009, the management at CSX has finally given a thumbs-up for installing the operating system for their entire terminal network. This new development will really come in handy while decreasing the traffic congestion, catering to the operational traffic demands, eliminating blockage of vehicles and streamlining the smooth flow of over-the-road trucks inside the terminal premises. Kandla International Container Terminal Has Recently Received The ‘Fastest Growing Terminal’ Award The Kandla International Container Terminal has been awarded with the prestigious ‘Fastest Growing Terminal’ accolade for the period 2018-19 at the 33rd Deendayal Port Trust (DPT) award ceremony as organized at the Gandhidham Chamber Of Commerce and Industry in Gujarat. Plus, around 43 port users were appreciated and awarded for their long-term involvement and encouragement in promoting the Deendayal Port the numero uno Major Port for no less than twelve years in a row! Deendayal Port has once again dazzled the Indian maritime industry by handling an approximate of 115.40 million tonnes of cargo during the above-mentioned period. Ernst Russ Is The Proud Owner Of A New Boxship Vessel The well-known Ernst Russ Group from Germany has purchased a 700 TEU geared container vessel (known as the MV ‘Skogafoss’) along with the help received from a strategic partner. This organization has carved out a special niche in the maritime arena with its powerful fleet that consists of 80 tankers, container vessels and bulker vessels. The addition of this strongly built boxship (constructed in the year of 2007) will certainly enhance the operations provided by the Ernst Russ Group, while strengthening its strategic position in the trading markets. The newly acquired MV boxship has garnered great reviews owing to its consistently top-notch performance on the North-Atlantic shipping routes. Also, the MV ‘Skogafoss’ will be bound by a charter agreement with the Iceland-based liner company, which is known as Eimskip. The Ernst Russ establishment will aim at generating revenues from its list of operations and evolve as an investment holding company that is faring too well in the marine sector. Maersk Promotes The Use Of Alternate Sources As Potential Marine Fuel The shipping giant Maersk has come up with an alternative solution to utilize the substances like alcohol, ammonia and biomethane instead of wasting the limited resources of marine fuel and also causing a great deal of pollution. These sustainable energy sources will work just as well when they replace the traditional ones and will help us preserve the raw, fossil sources. However, industry experts are of the opinion that the new sources like ammonia, alcohol and biomethane will prove to be way more expensive and the cost of transport will inevitably spike up. Sources: https://splash247.com/russia-to-set-up-arctic-container-shipping-line/ https://www.seatrade-maritime.com/news/americas/csx-terminals-implement-tideworks-tos-across-entire-network/ http://www.maritimegateway.com/kict-recognised-fastest-growing-terminal-2018-19/ https://www.marinelink.com/news/ernst-russ-buys-box-ship-472076 https://maritime-executive.com/article/maersk-promotes-alcohol-biomethane-and-ammonia-as-fuel