Business

Shannon Foynes Port Company Reports Record Profitability Levels in 2021

Shannon Foynes Port Company (SFPC) has reported another very strong year in 2021, with record profitability achieved for the year and profit before taxation exceeding €5.2 million for the first…

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Business

The shipping container turns 65 years old

On April 26, 1956, a freight shipping container was sent out into the world for the first time. The invention by Malcom P. McLean, an American with Scottish roots, revolutionised…

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Business

Europe’s shipowners call for fair and ambitious carbon pricing proposal in ‘crunch time’ for the EU

An alliance of Greek and Swedish shipowners, along with Transport & Environment (T&E), has called on the European Commission to put the ‘polluter pays principle’ at the core of its…

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Environmental

Norway presses ahead with the world’s first ship tunnel

Construction of the world’s first shipping tunnel has been given the go ahead with state funding coming in for the much debated giant engineering work. The Norwegian Coastal Administration (Kystverket)…

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Logistics

Xeneta Container Rates Alert

Xeneta container rates alert: grim economic outlook spurs slight fall in long-term ocean freight rates Long-term contracted ocean freights fell for the second consecutive month, and are now 1.3% down…

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Amazon Prime Air
Logistics

Amazon’s New Video Makes Delivery-by-Drone a Feasible Prospect

A youtube video released by Amazon features a real-life demonstration of their new Amazon Prime Air drone. The video, which features Jeremy Clarkson and a bulldog, tells us that their…

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