COSCO Shipping recently named a new LNG RoRo vessel, "Chengkangkou," in Xiamen. The ship is 199.9 meters long, has 13 decks, and can carry a maximum of 7,500 vehicles, with an expected carbon emission reduction of 27%. The plan is to expand the fleet to 30 vessels in the future, promoting green shipping initiatives.
IATA, in partnership with Travalyst, has launched a standardized methodology for calculating flight carbon emissions. This initiative aims to provide travelers with consistent and accurate carbon footprint information, raising environmental awareness and encouraging airlines to reduce emissions. By offering a unified approach, the collaboration seeks to promote sustainable practices within the aviation industry and advance progress towards net-zero emission goals. The standardized calculation will empower consumers to make informed choices and incentivize airlines to adopt more eco-friendly operations.
DHL partners with CMA CGM to reduce shipping emissions using biofuel. Customers can claim these emission reductions through the GoGreen Plus service, with an anticipated reduction of 25,000 tons of CO2 equivalent. This collaboration demonstrates a commitment to sustainable shipping practices and offers a practical solution for businesses seeking to minimize their environmental impact within the supply chain. By utilizing biofuel, DHL and CMA CGM are proactively addressing the need for carbon reduction in the logistics industry and providing a tangible benefit to their customers.
DB Schenker and MSC are collaborating to achieve net-zero emissions by transporting goods using biofuel, setting an example for carbon reduction in the shipping industry. Customers can choose to pay a surcharge to support green shipping and receive emission reduction certificates. With technological advancements and policy support, the future of green shipping looks promising. This partnership demonstrates a practical approach to decarbonizing maritime transport and offers businesses a tangible way to reduce their environmental impact while contributing to a more sustainable supply chain.
Multiple listed companies in the port industry have reported poor performance in their semi-annual reports. Rizhao Port experienced a 15.74% year-on-year decline in revenue and a 40% reduction in net profit. Xiamen Port saw a slight revenue drop, but its net profit, after excluding non-recurring gains and losses, plunged by 13.82%. Jinzhou Port is similarly challenged by low coal prices and a sharp decrease in grain turnover. These factors have severely impacted the operations and performance of port companies, raising concerns about the industry's outlook.
The US withdrawal from the Paris Agreement posed challenges to global climate governance, but also spurred other nations and businesses to intensify climate action. Companies should proactively embrace the green transition by setting emission reduction targets, investing in clean energy, optimizing supply chains, developing low-carbon products, engaging in policy dialogues, and enhancing information disclosure. These actions will help them gain a competitive edge in the future.
The Port of Helsingborg, Sweden, achieved a 30% increase in yard capacity, a 50% reduction in container handling, and an 8% increase in total moves per hour by implementing the Kaleris N4 Terminal Operating System. This digital transformation not only improved port operational efficiency but also reduced fuel consumption. This case provides a valuable reference for the intelligent upgrading of ports globally.
Port Louis, Mauritius' largest commercial port, is strategically located in a northwestern coastal fjord as a key South Indian Ocean shipping hub. Featuring multiple berths for containers, bulk cargo and oil, it also has dedicated sugar export terminals with excellent vessel reception capacity ensuring efficient and secure operations. Its prime location establishes Port Louis as a vital East African trade center.
The new Company Law imposes stricter requirements on paid-in registered capital, making capital reduction a common strategy for businesses. This article, using Shenzhen as an example, provides a detailed interpretation of the necessity, process, required documents, and specific online announcement procedures for capital reduction. It aims to help companies mitigate risks and achieve stable development in light of the new regulations. The guide offers practical insights for companies navigating the complexities of capital reduction under the updated legal framework.
The Sabah Port Authority is dedicated to enhancing port service efficiency, acting as the manager and regulator of port facilities. By implementing strict standards and leveraging technological innovations, it aims to advance Sabah's ports towards regional competitiveness, contributing to economic development.
