News
Various factors contributing to skyrocketing container road transport costs
A CONFLUENCE of factors is driving up the cost of container road transport in Australia, according to Container Transport Alliance Australia. Increasing costs for fuel and fuel...
Master and officer fined $75,000 for Great Barrier Reef shipping breach
A MASTER and the first officer of bulk carrier Sea Coen have been fined $40,000 and $35,000 respectively for breaching a designated shipping area in the Great Barrier Reef. The...
The end of the IFAM program
THE INTERNATIONAL Freight Assistance Mechanism has seen its last supported flights flown as the program draws to a close today, 30 June. IFAM was established by the federal...
GSF study claims global liner market is more concentrated than other studies let on
CURRENT measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate, according to the Container Shipping Market Quarterly Review for...
MOL and TotalEnergies complete first biofuel bunkering on vehicle carrier
MITSUI O.S.K. Lines has completed the first vehicle carrier biofuel bunker operation with TotalEnergies Marine Fuels, a Singapore-based bunkering service. Heroic Ace was...
Export restrictions are causing global food price pressure, report finds
EXPORT restrictions imposed by governments are exacerbating price rises and global food insecurity, according to a new report from the Australian Bureau of Agricultural and...
Seafarers fear decline in job opportunities as technologies emerge, research shows
THE RELATIONSHIP between seafarers and emerging maritime technologies is broadly positive, but more needs to be done to alter crew perceptions of digitalisation, new research has...
UNCTAD promotes blue deal at 2022 UN Ocean Conference
THE UNITED Nations Conference on Trade and Development is promoting a “blue deal” for global trade, investment and innovation at the 2022 United Nations Ocean Conference. The UN...
Ukraine war increasing shipping costs, stifling trade: UNCTAD
THE war in Ukraine is stifling trade and logistics is stifling trade and logistics in the wider Black Sea region, which is increasing global vessel demand and the cost of shipping...
DSV reports strong Q1 2022 results despite war and supply chain disruptions
FREIGHT forwarder DSV has outlined its latest financial results against the backdrop of supply chain disruptions caused by COVID-19 lockdowns and the conflict in Ukraine. DSV...
Analyst reports spike in service contacts filed with US maritime commission
OCEAN freight analyst Sea-Intelligence has reported a sharp increase in service contracts filed with the Federal Maritime Commission in the United States. According to...
Change at the top in Wallenius Wilhelmsen
WALLENIUS Wilhelmsen executive vice-president and chief operating officer shipping services Erik Noeklebye is stepping down and moving on. Mr Noeklebye said: “25 years in the...
Norwegian shipping company orders reliquefaction systems for new LNG carriers
NORWEGIAN shipping company Knutsen OAS Shipping has ordered three Compact Reliq reliquefcation plants from technology group Wärtsilä, to be installed on the shipping company’s new...
Twelve dead in gas tank loading incident at Port of Aqaba, Jordan
A TOXIC gas leak from a storage tank in Port of Aqaba, Jordan, has killed at least 12 people and injured 251 people. Footage from the incident on 27 June shows a storage tank...
Gladstone Ports Corporation to donate $20,000 to disability support charity
GLADSTONE Ports Corporation has announced local disability support charity Choice, Passion, Life will benefit from beneficiary funding raised at this year's Port to Park run. The...
