MOL claims world-first for capesize rotor sails
MITSUI O.S.K. Lines has announced that one of its capesize bulk carriers has been successfully retrofitted with two rotor sails. Camellia Dream received two Norsepower rotor sails...
WiseTech delivers strong results for financial year 2024
LOGISTICS software developer WiseTech Global has released its results for the financial year ending 30 June 2024 (FY24). The Australian company, headquartered in Sydney, has...
NYK to time-charter the company’s first methanol-fuelled bulk carrier
NYK LINE has announced an agreement between NYK Bulk & Projects Carriers and Japanese ship operator Kambara Kisen for the time charter of a methanol dual-fuel bulk carrier. The...
Fuel-saving system tested on NYK vessel
NYK Line has announced the results of a demonstration test trialling the use of an onboard system that lowers fuel consumption by controlling frequencies of the ship’s generators....
PIL to add five new dual fuel container vessels
PACIFIC International Lines has announced the order of five new container vessels, each equipped with liquified natural gas dual fuel engines. The Singaporean shipping line...
World’s container ports see second year of muted volume growth
LLOYD’S List has released its yearly One Hundred Container Ports 2024 list, ranking the top 100 container ports worldwide by total yearly throughput. Though last year’s combined...
NQBP to undertake dredging at Port of Hay Point
NORTH Queensland Bulk Ports Corporation (NQBP) will undertake maintenance dredging at the Port of Hay Point from this week, including the Half Tide Tug Harbour. The work at Hay...
Port Phillip Sea Pilots celebrates 185 years
IT WAS champagne showers at Queenscliff Harbour in June this year when Port Philip Sea Pilots christened the newest addition to their fleet, PV Torquay. A ceremony attended by...
South-South trade in fisheries and aquaculture surging, says United Nations
THE UNITED Nations Trade and Development agency has reported that trade in fisheries and aquaculture between developing countries has more than doubled in the last decade....
DP World announces “resilient” first half 2024 results
DP WORLD has announced its financial results for the first half of the 2024 calendar year, with the terminal operator describing the results as “resilient”. The results for the...
New bill seeks to enhance responsibility for foreign shipowners in US maritime accidents
UNITED States representative John Garamendi has introduced a new bill intended to hold foreign shipowners accountable for maritime accidents that occur in American waters. The...
Qantas introduces new freighter services to meet demand
QANTAS is introducing new freighter services and increased capacity in order to meet demand. The Australian airline announced that, from 26 August 2024, it will launch new...
Joint study will determine possibility of nuclear-propelled container ship
LLOYD’s Register nuclear technology company CORE POWER have launched a joint study to investigate the possibility for a nuclear container ship to conduct cargo operations. The...
World Container Index Falls 2%
DREWRY’S World Container Index has seen another decrease this week, falling 2% to US$5428 per 40-foot container this week. The latest Drewry WCI composite index of US$5428 per...
AirAsia Indonesia flight arrives in Cairns for first time
AIRASIA Indonesia has touched down in Cairns for the first time ever, opening the door for the far north to receive more tourists and profit. The first AirAsia service from Bali...
