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Fueling the future like it or not: What are the pros and cons of UN-approved decarbonized marine eco-fuels?

As the global bureaucracy orders industry ashore and afloat to transition to more clean energy, alternatives to traditional fossil fuels compete for favour.

The pressure is on the international shipping community to join what many consider to be a global warming carbon craze. All are agreed that it will increase costs while decreasing engine room efficiency and we shall pay more for less.

Has Putin become the only non-Marxist leader in the world as leftist bureaucracies take over the West?

Seldom, if ever, have the world's trade lanes been so challenged by disparate geo-political factors. Some attribute this to the sheer obesity of complexity that has grown over the years while others see murky Svengali machinations of the regulatory Deep State at work that has made Russia's Vladimir Putin the only non-Marxist leader in the West today.

In shipping, the regulatory state has resulted larger but fewer ocean carriers. The top 20 carriers in 2010 were Maersk, Mediterranean Shipping Co, CMA CGM, Evergreen, Hapag-Lloyd, APL, CSAV, Cosco, Hanjin, CSCL, MOL, NYK, "K" Line, Yang Ming, Zim, HMM, PIL and UASC. Ten years later, the list shrank by eight down to Maersk, Mediterranean Shipping Co, CMA CGM, Evergreen, Hapag-Lloyd, Cosco, Hanjin, Yang Ming, Zim and HMM.

Rather than enacting more health and safety rules, would it not be better to employ more rational risk assessment?

Advances in technology, such as improvements in drivers’ cabs, has enhanced worker safety substantially according to speakers at a port safety webinar jointly hosted by the International Cargo Handling Coordination Association (ICHCA) and Port Technology International.

While the ICHCA views are worthy of discussion and fullest consideration, there are many who would not like to see all their strictures be accepted at face value without full consideration of the downsides involved.

Russia's absence from the Port of Hamburg trade has been a big loss, but the historic harbour is bearing up

The loss of Russia as a trading partner because of the Russo-Ukrainian War and Germany's reliance on Russian energy supply looms as a significant challenges for the Port of Hamburg this year.

One worry is container throughput as geopolitical tensions, embargoes, or counter-sanctions could severely impact container traffic at the port. In 2023, without a resolution to strained relations, container throughput could experience a significant decline.

 

Europe Trade Specialists

Nippon Express (HK) Co., Ltd.
Visible & Strategic Logistics
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