Entries by Point Global Logistics

US chemical capacity to increase by more than 50 million tonnes

New downstream capital projects are expected to increase U.S. petrochemical capacity by more than 50 million tonnes of new chemical output each year, driving the need for further supply chain investment, the American Chemistry Council (ACC) said. The US will add at least 55 million tonnes of petrochemical capacity per year. Image: Port of Houston […]

U.S. Fines Cargo Ship Operator $1 Million for Polluting Waters

Some ship operators are still looking for ways to skirt an international ban on the release of oily waste into ocean waters, in some cases using a tool known as a “magic pipe” to bypass cleaning devices, despite a crackdown on the practice. The U.S. Justice Department on Thursday said Japanese cargo-vessel company Nitta Kisen […]

Requests for Trump Tariff Exclusions Flood Commerce Department

The U.S. Commerce Department is wrestling with a flood of requests to exclude products from steel and aluminum import tariffs imposed by President Donald Trump, creating a backlog that’s sparked calls for action from lawmakers and trade groups. Senators Orrin Hatch of Utah and Ron Wyden of Oregon, as well as the U.S. Chamber of […]

Rising U.S. Deficit Fans Trade War Flames

The U.S.’s trade shortfall is worsening, deepening trade war anxieties as the Trump administration and China prepare to implement broad-based tariffs against one another’s exports. President Trump believes that the United States is being taken advantage of by its trading partners, especially China. The White House is imposing tariffs on imports ranging from solar panels […]

Unmanned Ships – Are We There Yet?

In Depth: Unmanned Ships – Are We There Yet? The development of the remote and autonomous (R&A) shipping has become one of the hottest topics in the industry over the past couple of years. The maritime industry has seen an ever growing number of stakeholders assuming an active role in the development of technological solutions […]

Logistics Needs a Shake Up

YANG MING IS standing beside his red electric tricycle in a courtyard in Beijing. A former factory worker from an industrial town outside the capital, he and dozens of other men are awaiting the arrival of a lorry. As it pulls in from JD’s warehouse, the men form an assembly line to unload boxes. They […]

More Mega-Ships Are a Big Problem for Cargo Carriers

Huge ships entering service will boost goods-carrying capacity More than 90% of trade worldwide is transported by sea. A container ship waits to unload cargo at the Port of Los Angeles. Photographer: Patrick T. Fallon/Bloomberg Container shipping companies are bracing for a challenging year — they will have more space available for carrying goods than […]

Green finance for dirty ships

New ways to foot the hefty bill for making old ships less polluting SHIPPING may seem like a clean form of transport. Carrying more than 90% of the world’s trade, ocean-going vessels produce just 3% of its greenhouse-gas emissions. But the industry is dirtier than that makes it sound. By burning heavy fuel oil, just […]