Equinor to supply Maersk methanol
OCEAN carrier Maersk has signed an agreement with Norwegian state-owned oil major Equinor for the supply of green methanol for Maersk’s first methanol-enabled containership. Under...
Car carrier loses steering in Bass Strait
NYK vehicle carrier Kariyushi Leader lost steering in Bass Strait late last week and on Friday difficult weather conditions were buffeting the ship, hampering emergency towage...
Baltic Exchange weekly report
THE BALTIC Dry Index last week increased, hitting 1186 on Friday. However, the index has remained relatively flat since declining from a peak in late April. Capesize The Capesize...
World Container Index – 7 September 2023
THE DREWRY World Container Index decreased by 3.4% to US$1680.73 this past week. The composite index has dropped by 68.8% when compared with the same week last year. The latest...
Maritime insurers join initiative to improve cargo safety
MARITIME insurers UK P&I Club and TT Club have signed up for Safetytech Accelerator’s Cargo Fire & Loss Innovation Initiative (CFLII). Safetytech Accelerator launched the...
C-suite appointment at logistics giant
INTERNATIONAL logistics giant Geodis has appointed Xavier Avrard as chief strategy officer. He will be a member of the broup’s management board, under the chairmanship of Geodis...
Value of goods exports falls 7% last quarter
AUSTRALIA’S current account surplus fell by $4.8 billion to $7.7 billion (seasonally adjusted, current prices) in this past June quarter, according to figures released this week...
Zim enters operational agreement with MSC
ZIM has entered a new operational co-operation agreement with MSC on several trade routes, including services that call Australian ports. The agreement follows an announcement...
Design for world's largest LNG carrier granted AiP
DNV has granted an approval in principle for the design of what it said would be the largest LNG carrier in the world. The classification society presented the AiP to shipbuilding...
Parliament passes bill to simplify exports
THE AUSTRALIAN Parliament has passed an amendment bill that aims to simplify administrative processes for exporters. The Export Control Amendment (Streamlining Administrative...
Ro-ro rescues boaties in shark-damaged catamaran
THE AUSTRALIAN Maritime Safety Authority co-ordinated the rescue of three people onboard a catamaran 835 kilometres south-east of Cairns in the Coral Sea. AMSA responded to a...
Trade alliance launches declaration on universal eBL
THE FUTURE International Trade Alliance has launched a declaration that aims to promote the adoption of the electronic bill of lading. The FIT Alliance was formed in 2022 to...
Two charged in 300kg air cargo drug smuggling operation
POLICE have charged two members of an alleged transnational criminal syndicate with drug smuggling offences after authorities seized about 300 kilograms of methamphetamine. The...
Global air cargo demand improves in July
GLOBAL air cargo demand in July this year dropped slightly compared with the same month in 2022, but it has improved in recent months, the International Air Transport Association...
Four weeks left to nominate for 2023 DCN awards
Daily Cargo News is gearing up for another great awards night this year to celebrate the achievements of Australia's maritime and logistics industry. The 2023 DCN Australian...
