Change in Teekay management
TEEKAY Corporation executive vice-president and chief financial officer Vince Lok is retiring after nearly 30 years with the company; he has been the company’s CFO for the past 16...
Big quarterly results at WW despite challenges
WALLENIUS Wilhelmsen has posted results for "strongest quarter on record". The shipping company’s EBITDA reached US$440 million in the third quarter of 2022, up 41% on the...
IMO carbon intensity and rating system rules now in force
AMENDMENTS to the International Convention for the Prevention of Pollution from Ships (MARPOL) entered into force on 1 November. The International Maritime Organization said...
LETTER TO THE DCN: IFAW statement on slowing down ships ignores industry effort
Shipping Australia sent the following text to DCN in response to a recently published article concerning the International Fund for Animal Welfare’s call for regulation of vessel...
Shipping line puts in order for 24,000-TEU methanol-capable ships
ORIENT Overseas Container Line has ordered seven methanol-compatible 24,000-TEU containerships. The Hong Kong-headquartered company expects delivery of these new ships to start...
ICS says crew safety must be prioritised in Black Sea corridor talks
THE INTERNATIONAL Chamber of Shipping is calling for crew safety to be prioritised while the Black Sea maritime corridor is discussed. Russia pulled out of the Black Sea Grain...
ONE reports significant increases in profits, revenues for 2Q
OCEAN Network Express saw increases in revenues and profits across the board over the second quarter of 2022, according to its most recent financial results statement. The...
Survey finds crew wellbeing is improving, but some welfare issues are not
ACCESS to shore leave has improved over the past few months but seafarers are still struggling with workloads, according to the latest Seafarers Happiness Index report. Mission to...
Industry underestimates danger of lithium-ion batteries, insurers say
FAILURE of lithium-ion batteries poses a larger safety threat to the maritime supply chain than the industry realises, a new whitepaper suggests. The Lithium batteries whitepaper,...
Airline increases international cargo flights from Melbourne
CATHAY Pacific is increasing the number of weekly flights carrying cargo between Hong Kong and Melbourne. The airline plans to expand its Hong Kong to Melbourne services from four...
Further industrial action announced for Svitzer
SVITZER maritime workers in the coming weeks are taking more industrial action, including work stoppages and work bans at various ports across Australia. The Maritime Union of...
NGO calls for regulation of ship speeds
THE INTERNATIONAL Fund for Animal Welfare is calling on the shipping industry to regulate vessel speeds. An independent economic analysis carried out for the NGO suggests a small...
Record exports under Black Sea grain deal as Russia pulls out
THE BLACK Sea maritime corridor saw a record volume of agricultural products exported on Monday (31 October) despite Russia pulling out of the Black Sea Grain Initiative. Russia...
Environmental impacts of NT hydrogen export project in focus
A HYDROGEN export project proposed for the Tiwi Islands needs an environmental impact statement (EIS) to proceed. The Northern Territory Environment Protection Authority advised...
PIL launches intermodal service
PACIFIC International Lines has announced the launch of PIL Intermodal Services to complement its container shipping service. PIL Intermodal Services offers train, truck and barge...
