 |
Port of Virginia, Hapag-Lloyd, Norfolk Southern and Union Pacific revive landbridge concept of the 1960s
In the late 1960s, in the dreamy days of containerisation, there was much talk of a "landbridge" across North America that would send trains from New York and Montreal to the west coast.
But little came of it. That's because there was little beyond the consumer-rich hinterlands of central Canada and the US eastern seaboard states. There simply weren't enough customers to make it work.
|
 |
Addressing the gap between what environmentally sensitive officials and what insurers actually fear
While feminism's success in dominating western personnel departments is impressive, its most active salient has been advancing the interests of the Deep State through environmentalism in world shipping through regulatory expansion.
More than 90 per cent of the goods traded internationally are shipped by sea, according to the Organisation for Economic Co-operation and Development (OECD), with maritime trade volumes set to triple by 2050. About 60 per cent of those goods – everything from appliances to imported fruit – are packed in containers, while commodities such as oil or grain are stored in the hulls of ships.
|
 |
Maritime losses are lower than ever yet insurance costs continue to increase as regulation expands
On the whole, shipping safety has much improved in recent years from an insurers point of view, but with better performance come new risks they have not faced before.
First, there is the very size of ships today, which in terms of dollar loss, magnifies the extent of a marine casualties when they do occur.
|
 |
Weighing costs of regulatory regimes when molehill CO2 emissions are falsely paraded monstrous threats
One bureaucratic craze we all are encouraged to adopt is the drive towards zero carbon dioxide emissions. The aviation sector has been singled out to shoulder a biggest share of the burden because it produces disproportionately more aerosolized CO2 worldwide than other sectors.
Like it or not, there are legal and regulatory mandates, as well resulting market incentives for cutting back on carbon. The UN's International Civil Aviation Organisation (ICAO) wants aviation's net CO2 emissions to reduce 50 per cent of 2005 levels by 2050. To this end, it launched CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) requiring operators to buy carbon credits.
|
|
|
Mediterranean & Africa
Trade Specialists |
|
