How can railway monitoring improve ?
In Europe, demand for available rail infrastructure continues to increase sharply. Indeed, further modal shift towards this more sustainable type of transportation is a key element to reaching climate targets. Continuous monitoring of rail assets and infrastructure has the potential to make rail safer, more available, and more economical. One company working on developing this […]
Singapore is Operationally Ready for SAF But More is Needed to Support Adoption
The Civil Aviation Authority of Singapore (CAAS), GenZero, and Singapore Airlines (SIA) have completed a 20-month Sustainable Aviation Fuel (SAF) pilot, which commenced in February 2022, in partnership with Temasek1. The SAF pilot supports one of the key recommendations of the International Advisory Panel (IAP) on Sustainable Air Hub2 to create a long-term secured SAF supply […]
Investors pile into booming offshore sector
The booming offshore sector, where tonnage is incredibly tight at present, could lay claim to being the most investible sector in shipping today. A presentation given by Pareto Securities on September 20 showed the OSV sector market cap was up by 2.7 times in the space of just 12 months. A strong upward movement in […]
The first middle corridor has just been established
What has been in the pipeline since early 2022 is now a reality. Kazakhstan, Azerbaijan and Georgian railways just sealed a deal to establish a joint venture on a parity basis. The new company will be named ‘Middle Corridor Multimodal Ltd.’ and will provide “services on a one-stop-shop principle, guarantee delivery times, and pursue a […]
MSC’s financial results leaked
One of shipping’s greatest secrets has been revealed. In bidding for Italian train operator Italo, Gianluigi Aponte’s Mediterranean Shipping Co (MSC), a cruise and container shipping giant, has inadvertently let slip its financial results, figures that were quickly shared by eagle-eyed journalists at Il Messaggero, one of Italy’s top newspapers. Privately held MSC, which controls the […]
Rise in Piracy Incidents in Gulf of Guinea and Singapore Straits Raises Concern
The latest piracy report from ICC International Maritime Bureau (IMB) has revealed a rise in reported incidents in the Gulf of Guinea, as well as ‘worrying signs’ for the Singapore Straits. According to the report, there were 99 incidents of piracy and armed robbery against ships in the first nine months of 2023, marking an […]
Full passenger traffic recovery finally in sight for Europe’s airports
The August 2023 air traffic report and the updated Airport Traffic Forecast 2023‑2027, both released today by ACI EUROPE, reveal the continued resilience of passenger demand while also highlighting structural changes in the European aviation market. AUGUST PERFORMANCE DRIVEN BY INTERNATIONAL FLOWS Passenger traffic across the European airport network in August stood at just -3.4% compared to pre-pandemic (August 2019), […]
Container Shipping Faces ‘Period of Uncertainty’ with Loss of EU Antitrust Protection
International liner shipping group the World Shipping Council says liner operators’ loss of their exemption from EU rules against anti-competitive agreements will “create a period of uncertainty” for the sector. First adopted in 2009, the Consortia Block Exemption Regulation (CBER) has allowed liner shipping companies to enter into vessel sharing agreements, forming a shipping “consortia”, as long […]
The EU-Mercosur Free Trade Agreement – A strategic, economic and sustainable win-win
It is time for the EU-Mercosur FTA to be approved. The benefits, on both sides of the Atlantic, could be substantial and could not only facilitate mutually advantageous trade and investment but also contribute to strategic gains and sustainable development. The four Mercosur countries (Brazil, Argentina, Uruguay and Paraguay) together have a population of 275 […]
Final adoption of ReFuelEU Aviation completes ‘Fit for 55′ legislation, putting EU on track to exceed 2030 targets
The European Commission welcomes today’s adoption of two final pillars of its ‘Fit for 55′ legislative package for delivering the EU’s 2030 climate targets. With the adoption today of the ReFuelEU Aviation Regulation and the revised Renewable Energy Directive, the EU now has legally binding climate targets covering all key sectors of the economy. Ahead […]