Year 2021 was very important for European shipping in its path to zero-emission targets. This year, in June 2021, International Maritime Organisation (IMO) decided on measures to reduce the carbon intensity of shipping by 11% between 2019 and 2026, and that total annual greenhouse gas (GHG) emissions from international shipping should be reduced by at … Continue reading Six steps to reach carbon-free shipping
The coronavirus pandemic hit maritime transport in many ways. Cargo traffic has experienced surprising ups and downs, including the current difficulties that major international ports are experiencing in serving their customers, which has in turn led to an almost worldwide shortage of containers. Very few problems have been seen in cargo traffic in Finland, although … Continue reading Passenger traffic is recovering rapidly from the pandemic, but there are new challenges ahead
Recently, there has been a lot of discussion in the public about LNG-powered ships, which were believed to be a low-emission solution for maritime transport. But according to measurements, they are not. Low-pressure LNG engines emit methane, which a much stronger greenhouse gas compared to CO2. First, let's go back a little bit in history. … Continue reading Is LNG an environmentally friendly fuel for shipping?
The challenges for the Finnish export industry are the long distance to the market and thus high logistics costs. Would port competition help reduce logistics costs? The basic idea of a market economy is that competition between companies creates prosperity. When companies compete with each other, they streamline their operations and serve their customers according … Continue reading Is there competition between ports in Finland?
The International Chamber of Shipping (ICS) proposed yesterday that shipping worldwide should be carbon neutral by 2050 This is a significant tightening on the previous target level. To date, the UN 's International maritime organisation IMO, which regulates world shipping, has set a target that greenhouse gas emissions from shipping should be halved by 2050 … Continue reading Shipping companies want themselves to tighten their emissions targets
The logistics industry is in turmoil. An export container to Asia or an import container from Asia costs many times more than a year ago. In addition, security of supply has deteriorated and delivery times can be very long. The reason is the lack of containers. The world simply does not have enough containers to … Continue reading The logistics industry is suffering from a shortage of containers, but container shipping companies are making a top result – The basics of maritime economics 1
Today, more and more travelers are interested in the CO2 emissions of their trips. A special interest is sailing on a ship carrying both cargo and passengers. However, the traveller receives very different answers about one’s share of emissions. Some sources show that water transport is very environmentally friendly and others that it is actually … Continue reading How to know passenger’s share of a ferry’s CO2 emissions?
The entire shipping industry is actively discussing tightening environmental regulations. Where two maritime people meet, the debate quickly turns to change. What is the fuel of the future? How do these environmental regulations affect cargo flows and even ship concepts? Shipping has a long history of staying out of the overall social burden. As late … Continue reading IMO decided the key mandatory measures to reduce ships’ carbon intensity