Approval in principle issued for ammonia barge
CLASSNK has issued an approval in principle for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard (NSY), and IHI...
The DCN Weekly: Episode 29
THIS week was a sleepy week, but several stories rose to the surface and demanded attention. Firstly, there was the saga of the cruise ship Viking Orion. Biofouling was discovered...
2022 record year for tanker derivative volumes
THE DERIVATIVES market for clean and dirty tankers saw increased traded volumes in 2022, according to data from the Baltic Exchange. Tanker-forward freight agreement volumes hit...
World Container Index increases for the first time in 43 weeks
DREWRY’S composite World Container Index increased by 0.7% to US$2135.16 per 40-foot container this week – the first increase in 43 weeks. While the index increased this week, it...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued a steep decline this past week, hitting 1130 on Friday. The decline began after the index saw a peak of 1723 on 21 December; it has declined every...
Biosecurity officers thwart sneaky air-cargo seeds
AN ATTEMPT to sneak high-risk seeds into Australia in the heels of running shoes has been foiled by biosecurity officers conducting routine parcel checks at a facility that...
Maersk to build green and smart logistics centre in Shanghai
MAERSK is to build its first “green and smart” flagship logistics centre in China in Lin-gang, Shanghai. The company signed the land grant contract with the administrative...
275 alternative-fuelled ships ordered in 2022
TWO hundred seventy five ships with alternative fuels (excluding battery-operated vessels) were ordered in 2022, according to DNV’s recently published Alternative Fuels Insight...
Satellite to detect uncooperative vessels at sea launched
UNSEENLABS this week launched its eighth satellite dedicated to the location of vessels at sea from space. Unseenlabs is a company that specialises in detecting radio frequency...
Rail line repaired after freight train derailment
PASSENGER services on the Main Western Rail Line in the Blue Mountains will recommence from 21 January 2023, following last month’s freight train derailment. NSW minister for...
China Shipowners’ Association joins ICS
THE CHINA Shipowners’ Association has joined the International Chamber of Shipping as a full member. The CSA is to join the ICS Board, which oversees the policy positions ICS...
Port upgrades firewater system
AN UPGRADE and replacement of the firewater system on Port Taranaki’s Newton King Tanker Terminal (NKTT) has been completed. The New Zealand port said it would help protect and...
Global assurance provider to acquire Australasian ESG specialist
LRQA, a global assurance provider, is to acquire Sustainable Assurance Solutions (SAS), a provider of supply-chain sustainability audit, consulting and training services based in...
Offshore wind crew transfer cat delivered
INCAT Crowther last month delivered a new purpose-built 32-metre catamaran CTV to Goldsea Marine & Offshore Engineering (Shanghai). The vessel, called Incat Crowther 32, will be...
Toll opens Belgium office
TOLL Group officially opened a new office in Belgium last month. Toll Group said it had been present in the country since 2009, serving customers through its office in the...
