Retail sales slowed on a monthly basis in September after a busy summer, but year-over-year increases remain strong as retailers prepare for the holiday season, said the National Retail Federation.
According to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, total retail sales, excluding automobiles and gasoline, were down 0.66 percent seasonally adjusted month over month but up 5.42 percent unadjusted year over year in September, according to the Retail Monitor. ...
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BIMCO said it has adopted a Methanol Annex to its Bunker Terms 2018, the latest addition to the Danish international shipping association’s portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonization.
The annex, adopted by BIMCO’s documentary committee, provides definitions to reflect ongoing developments ...
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Damen Marine Components (DMC) has contracted to supply rudders, steering gear and nozzles to two major newbuilding projects covering 14 multipurpose vessels at Udupi Cochin Shipyard and Mazagon Dock Shipbuilders in India.
In its first-ever collaboration with Udupi Cochin Shipyard, project involves eight 6,300 DWT MPVs being built by Udupi Cochin ...
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DHL Group on Oct. 1 opened its new Europe Innovation Center in Troisdorf, Germany, a major step in its commitment to shaping the future of logistics through customer-centric innovation.
The expanded and upgraded center near the group’s Bonn headquarters supports development and real-world application of technologies to make supply chains smarter, ...
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Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels.
Biomethane, also known as Bio-LNG, plays a significant role in Hapag-Lloyd’s ...
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The Port of New Orleans, or Port NOLA said its Louisiana International Terminal project became the first new project in the U.S. and Louisiana to register with the Envision Sustainable Infrastructure Framework project.
Port NOLA said it registered LIT with the globally recognized framework to standardize how infrastructure projects are evaluated ...
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The International Air Transport Association, or IATA, and carbon market stakeholders are calling on governments worldwide to urgently address the limited supply of carbon credits available for airlines to fulfill their carbon compliance.
Airlines face these obligations under the Carbon Offsetting and Reduction Scheme for International Aviation, or CORSIA.
Specifically, IATA and ...
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Hapag-Lloyd and DHL Global Forwarding, in joint efforts to decarbonize supply chains, signed a three-year framework agreement for the purchase of Scope 3 greenhouse gas emission reductions from the use of sustainable marine fuels within the ocean carrier’s fleet.
As part of this agreement, the first order of 25,000 tons CO2e ...
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Port Houston recorded sustained growth in August, with total tonnage across its public terminals up 5 percent, following a record-setting July.
The port’s container terminals saw 370,430 twenty-foot equivalent units, or TEUs, in August, up 1 percent from the same month last year. Year-to-date container volumes reached 2.93 million TEUs, also ...
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DP World, a global logistics and supply chain supply chain giant, agreed to a 10-year extension of its long-term agreement with shipping line Hapag-Lloyd for operations at the Port of Santos.
To meet growing demand, DP World advances its port capacity expansion plan to enable the handling of new volumes and ...
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