IMO asks for offshore global governance 
The IMO secretary general, Koji Sekimizu, has urged the offshore marine industry to explore the possibility of having a global governance similar to the shipping sector during the Sea Asia 2015 offshore marine forum on 22 April. Unlike the shipping sector which is already... more
Moore Stephens takes a glimpse into crystal ball
What will the future of the shipping industry look like? Speakers at the Moore Stephens-BNP Paribas shipping forum 2015 that was held during Singapore Maritime Week on 23 April, agreed that shipping volatility in the next five years will be driven by the rise of China, the shale... more
Shipping schedule reliability improving, but...
According to Drewry's latest carrier performance insight report, shipping service reliability across the three core east-west trades hit a five-month peak in March with an aggregate on-time performance of 64%. The latest result represents an 8.5 percentage point gain over... more
3...2...1...Logismed under starter's orders
In less than three weeks, this year’s edition of Logismed will be staged in Casablanca (Morocco) from 12 - 14 May. The trade fair, under the patronage of the Moroccan transport and logistics ministry, and partnered by the development agency AMDL and the company association CGEM,... more
Scania strengthens position in European market
Demand in Europe for Scania’s trucks is good and Q1/2015 order bookings rose to 12,446 trucks, 46% more than the 8,500 units in Q1/2014. The Swedish truck manufacturer increased its market share in Europe from 15.3% to 17.2%. However, demand in Latin America and Eurasia weakened... more
Tiaca: yes to phased approach for advance data regulations
Pre-loading advance cargo information (Placi) initiatives undertaken by the USA, the EU, and Canada since the 2010 Yemen incident, have proved that using advance data for civil aviation risk assessment provides an additional layer of security. Regulators must continue to work... more
New road links for moving freight in Africa
The Ivorian ministry of economic infrastructure has awarded a EUR 1.65 million construction supervision contract to a Louis Berger-led consortium. The deal is being financed through the French agency for development's debt relief and development programme for Côte d'Ivoire.... more
Three major cargo thefts per day
According to the Transported Asset Protection Association (Tapa), there are now three cargo crimes per day on average, and the average loss is EUR 205,624 per crime in the Europe, Middle East and Africa (Emea) region. The association's latest annual report recorded 1,102... more
MoU to tie Air Seychelles and Air France knot
Air Seychelles and Air France have signed a memorandum of understanding (MoU) that paves the way for a commercial agreement that will deliver a range of benefits to both airlines and their customers, including cargo cooperation. The agreement was signed by Joël Morgan,... more
Focus on cyber security
The international shipping associations' round table (RT) comprising Bimco, ICS, Intercargo and Intertanko, is developing standards and guidelines to address the major cyber security issues faced by the shipping industry. This announcement comes as protection against... more