Demand for oil to halve by 2050: DNV
ELECTRICITY’S share in transport will increase from 1% today to 23% in 2050, according to DNV’s latest Transport in Transition report. Despite oil demand in the transport sector...
World Container Index increases
THE LATEST Drewry World Container Index increased by 1% last week, but has dropped 77% compared with the same week last year. The latest Drewry WCI composite index of $1,763 per...
Ceva leases four ro-ro vessels
CEVA Logistics has signed a new 10-year lease with its parent company CMA CGM for four of Pacific Shipping’s LNG dual fuel ro-ro vessels. The ships are under construction by China...
Svitzer Australia appoints new GM – west
SVITZER Australia has appointed Tully Barnes as its new general manager – west. Mr Barnes will be responsible for the company’s harbour and terminal towage operations in Western...
The DCN Weekly: Episode 46
IN the news this week: Qube announced two acquisitions – one a 50% stake in a New Zealand-based container logistics company and 100% of an Australian bulk haulage specialist....
A-UKFTA to enter into force on 31 May
PRIME Minister Anthony Albanese announced that the Australia-United Kingdom Free Trade Agreement is to come into force on 31 May, following the expected completion of UK domestic...
The Baltic Exchange weekly market report
The Baltic Dry Index saw a calm week last week, continuing a period of relative calm and extending its plateau out one more week. The index was 1558 on Friday (5 May), down ever...
63 alternative fuel vessels ordered this year
IN APRIL, 19 vessels with alternative fuel propulsion were ordered, according to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform. Of those vessels ordered,...
New director at logistics company
NEW ZEALAND transport and logistics group Move Logistics has appointed a new independent director. Julia Raue, who stepped into the role on 3 May, will also be a member of the...
New Austal vessel bound for Pacific Islands
AUSTAL has launched a new catamaran that will transport passengers and cargo across French Polynesia. Austal built Apetahi Express at its Vietnam shipyard for maritime and tourism...
Global air-cargo demand continues decline in March
GLOBAL demand for air-cargo services decreased 7.7% in March (down 8.1% for international operations), compared with the same month last year. The International Air Transport...
Port hosts government aboard NZ coastal containership
CENTREPORT Wellington this week hosted government and shipping industry representatives who came to visit a containership on a New Zealand coastal service. The port welcomed NZ...
Wärtsilä and DNV roll out platform partnership on fleet
WÄRTSILÄ is integrating its fleet optimisation tool with an industry cloud platform built by DNV. Under their partnership, the companies are rolling out the connection across the...
Video series to help educate about the CII
THE GLOBAL Industry Alliance to Support Low Carbon Shipping has developed a series of videos to help educate industry about the Carbon Intensity Indicator. The videos – free to...
Tanker Pablo burns off coast of Malaysia
AN OIL tanker has caught fire off the coast of Malaysia, with three crewmembers missing. According to media reports, Malaysian maritime authorities rescued 25 crew from...
