The world's biggest container shipping line by market share is predicting that the world will come out of the funk induced by the financial crisis in the coming two years.
Average carbon-dioxide emissions for global ocean container transport have declined year on year, and by more than 7 percent between 2011 and 2012, according to BSR's Clean Cargo Working Group's 2013 Collaborative Progress report.
A note of caution was sounded recently after some intensive discussions between the EU Commission and various bodies who are stakeholders with regard to air cargo security.
In many ways, the fateful episode of the Costa Concordia provides a metaphor for the international shipping industry as a whole. Its image is hardly the best. Huge tankers plying the sea, belching noxious gases into the air from low-grade crude and pumping out invasive species when emptying their ballast-water tanks on shore. Oh, and a catastrophic oil spill every now and then. But that's not the whole story.
More than 80 percent of the world's population resides in what is known as "emerging markets". This group of countries represents a diverse collection of economies from China to Peru and Ethiopia to Kazakhstan.
Airbus SAS, the European maker of commercial aircraft, predicted airlines will buy planes valued at $4.4tr in the next two decades, driven by demand in India and China and global growth among low-fare airlines.
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