Xeneta market forecast 2023: Xeneta forecasts falls in freight rates, volumes and demand as storm clouds gather for 2023

Aerial view of colorful containers on cargo ships at the port of Southampton, which is one of the UK’s Leading Port Terminal Operators and this container terminal is Britain's second largest deep sea terminal. Containers on the dock too. Space for text.

After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to Oslo-based Xeneta. An in-depth analysis of the latest real-time ocean and air freight rates, combined with expert trend forecasts, suggests that ocean cargo volumes could fall by up to 2.5%,… Continue reading Xeneta market forecast 2023: Xeneta forecasts falls in freight rates, volumes and demand as storm clouds gather for 2023

Port of Dover aims for the greatest possible ambition on green shipping corridors

These were the words of Christian Pryce, chief commercial officer of the Port of Dover, speaking today at COP27 on a panel of governmental and industry maritime experts. “One year on from the Clydebank Declaration, in which the UK and 23 other states set out their ambition to collaborate on green shipping corridors, it is… Continue reading Port of Dover aims for the greatest possible ambition on green shipping corridors

New LNG battery hybrid vessel in traffic at the Port of Gothenburg

A newly built ship with special environmental and climate characteristics was christened at the Port of Gothenburg on Wednesday. The vessel in question is an LNG/battery hybrid ship that already today meets IMO’s 2030 target for shipping’s carbon dioxide efficiency. The vessel will call at the Port of Gothenburg every week. The short sea shipping… Continue reading New LNG battery hybrid vessel in traffic at the Port of Gothenburg

Strike action comes to an end as Peel Ports Group and Unite the Union agree a pay deal

The industrial action within the Port of Liverpool has been brought to an end after a deal was agreed by Peel Ports Group and Unite the Union. Members of Unite at the Port of Liverpool Containers Division fully accepted the deal to increase basic pay by 9% in a vote on 10 November. In addition,… Continue reading Strike action comes to an end as Peel Ports Group and Unite the Union agree a pay deal

Port of Southampton welcomes Carnival Celebration

Carnival Celebration. Southampton 6th November 2022. Photograph by Steve Dunlop www.stevedunlop.com steve@stevedunlop.com

The Port of Southampton, Europe’s leading cruise turnaround port, has welcomed Carnival Cruise Line’s newest cruise ship, Carnival Celebration. The ship’s arrival in Southampton was celebrated with a traditional plaque and key ceremony at the port on 6th November. As part of the event, ABP Director, Alastair Welch, exchanged plaques with the ship’s Captain, Vincenzo Alcaras,… Continue reading Port of Southampton welcomes Carnival Celebration

Port of Milford Haven wins Port Sustainability Award

The Port of Milford Haven won the Port Sustainability Award at the British Ports Association’s Conference in Aberdeen recently. Recognising ports for their sustainability credentials, the award highlights the Port of Milford Haven’s commitment not only to environmental sustainability, but also its work to improve the sustainability of the communities surrounding the Port. Among the examples given that demonstrated this were… Continue reading Port of Milford Haven wins Port Sustainability Award

1,000 jobs to be created at London Gateway

DP World today announces that work has started on site to build a new fourth berth at its London Gateway smart logistics hub. The resilience of the UK supply chain will be strengthened by the £350m project, which builds on DP World’s £2bn investment in Britain over the last decade. On completion in 2024 it will lift London Gateway’s capacity by… Continue reading 1,000 jobs to be created at London Gateway

Viking CCS and Associated British Ports embark on major step towards a future CO2 shipping industry in the UK

Harbour Energy and Associated British Ports (“ABP”) today announce an exclusive commercial relationship to develop a CO2 import terminal at the Port of Immingham, the UK’s largest port by tonnage. This will link to Harbour Energy’s Viking CCS (formerly V Net Zero), the CO2 transport and storage network. The terminal will provide a large-scale facility… Continue reading Viking CCS and Associated British Ports embark on major step towards a future CO2 shipping industry in the UK

BIFA reveals shortlist for 2022 Freight Service Awards

26 freight forwarding companies have been shortlisted as finalists for the nine service categories of this year’s British International Freight Association’s Freight Service Awards, with 12 individuals making the finalist shortlists in the Apprentice of the Year and Young Freight Forwarder categories. Those shortlisted in the various categories of the awards, which are now in… Continue reading BIFA reveals shortlist for 2022 Freight Service Awards

The first public charging and hydrogen filling station in the Nordic region for heavy goods traffic opened at the Port of Gothenburg

The gates are now open for Circle K’s charging and hydrogen filling station in the Port of Gothenburg. The station is the first of its kind in the Nordic region and has been built from a heavy trucks perspective, with the intention of facilitating the green transition for heavy goods traffic in and around the… Continue reading The first public charging and hydrogen filling station in the Nordic region for heavy goods traffic opened at the Port of Gothenburg

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