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It seems like 2020 is already a year of challenges for the TSL industry, especially for carriers and shippers. They have to face many difficulties, such as the new IMO Low Sulphur Regulation and the effects of the Coronavirus outbreak. The competition on the market gets only fiercer. What is the forecast for maritime transport? …
The HMM Algeciras ultra-large containership is the first of a series of ships ordered by the Hyundai Merchant Marine (HMM), a South Korean shipping company. The reception of the vessel from the Daewoo Shipbuilding & Marine Engineering shipyard is planned for summer 2020. The capacity of the ship is 23,964 TEU, which will make it …
The CMR Convention is an international agreement regarding the carriage of goods by road. It applies to the commercial transport of goods in international relations. Provided that at least one country (shipment or destination country) has acceded to the CMR Convention. It should be noted that it applies only to transport provided under a contract …
Due to rapidly increasing number of cases of Coronavirus and its death doll, the Chinese had an extended Lunar New Year holidays. The Chinese economy was put on halt, and that period led to a significant disruption in the supply chain. The impact of Coronavirus on air transport and other types of transport is palpable. …
It turns out that not all products can be imported from China. This is due to the different criteria for the transport of dangerous goods. Due to differences between the laws in force in different parts of the world, some goods are not allowed for international transport. Dangerous goods According to international regulations, the transport …
TSA System (Transportation Security Administration) is an agency founded in the United States after the terrorist attacks of September 11, 2001, responsible for the development and implementation of structures ensuring security regarding national transport systems. It was established under the Aviation and Transportation Security Act, which was adopted by Congress and signed by President George …
The IMO International Maritime Organization is introducing an update of regulations regarding fuels used in maritime transport. The changes will apply from January 1, 2020, and will concern the global reduction of sulfur oxide emissions from ships. Consequently, IMO 2020 will significantly affect the freight market. IMO 2020 Regulation The new IMO 2020 standard introduces …
The coronavirus, which has prevailed in China since the end of January 2020, is increasingly stigmatizing the Chinese and global economy. The whole world is living on reports of the spread of the epidemic and is predicting the effects on the economy. Over the past month, the Chinese economy has frozen. It disappeared with its …
Recently, more and more companies are focusing on dynamic development. Therefore, there is an increase in interest in air freight. Some of the largest cargo airports are in Europe. See the top 5 cargo airports in Europe by overall cargo tonnage. Top 5 cargo airports in Europe 1. Frankfurt Airport, Germany Frankfurt am Main airport …
Port Singapore is one of the largest ports in the world. It serves over 33.7 million TEU every year. Port of Singapore Located at the southern tip of the Malay Peninsula, the Port of Singapore is considered to be the second-largest port in the world in terms of tonnes of cargo handled. Right after Shanghai, …