News
Boxship loses cargo in North Atlantic
CONTAINERSHIP COSCO Nagoya on 23 November experienced an incident that resulted in containers overboard and collapsed containers on deck, according to reports. The 4506-TEU,...
Knee-jerk reactions to Omicron variants put supply chains at risk, international transport organisations say
“KNEE-jerk reactions” to the Omicron variant of the coronavirus are putting transport workers and the global supply chain “at greater risk of collapse”, international transport...
Yang Ming takes delivery of YM Together
YANG Ming this week took delivery of the new 11,000-TEUI YM Together. The vessel is chartered from Shoei Kisen Kaisha and it was built by Imbari Shipbuilding Company. The ship...
Group to develop first methanol-hydrogen fuel cell towboat
ABB Marine & Ports has signed an agreement with Maritime Partners, Elliott Bay Design Group and e1 Marine to develop a hydrogen-powered inland towboat for operation in the United...
The week in bulk: Capesze, Panamax markets on the rise
THE Baltic Dry Index showed a slight increase over the past week, in a turnaround after a trend downward from a peak in October. On Friday (3 December) the index was 3171, up 14%...
Capacity restoration is key: GSF review
GLOBAL trade continued to grow throughout the third quarter in 2021. However, container shipping capacity was maxed out and shippers turned to a mix of air freight, rail services...
Container freight rate index still high despite decrease over past month
OVER the past month, the Freightos Baltic Global Index fell 14% month over month to US$9364/FEU, though still 284% higher than a year ago and more than six times the pre-pandemic...
Captain Murday steps down from marine surveyors board
THE Australasian Institute of Marine Surveyors has ushered in a new board of directors as Captain Peter Murday steps down after 10 years of service. During his tenure Captain...
New joint venture to develop Oceanbird wind propulsion
ON 22 November, Alfa Laval and Wallenius finalised a 50/50 joint venture that aims to take Oceanbird wind power solutions from a cutting-edge marine concept to commercial reality....
ICS urges WTO to prioritise maritime transport in multilateral trade negotiations
THE International Chamber of Shipping has called for maritime transport to be prioritised in multilateral trade negotiations ahead of World Trade Organization meetings to take...
Ports North releases sustainability strategy
PORTS North has released its first sustainability strategy, which it said outlines a clear path for the organisation to support environmental stewardship and community partnership...
CMA CGM and Shell carry out first bio-LNG bunkering operation
CMA CGM Group and Shell have performed what they said was the first bio-LNG bunkering trial in Rotterdam. Shell bunkered =Containerships Aurora, a 1400-TEU LNG-powered vessel,...
X-Press Feeders orders eight 1170-TEU dual-fuel ships
X-PRESS Feeders Group has ordered eight 1170-TEU containerships. They will be equipped with dual-fuel engines, able to run on both conventional fuel and methanol. The first...
Port of Bundaberg infrastructure project tenders open
DETAILED plans are complete and tenders are open to build new common user infrastructure at the Port of Bundaberg. In 2019, Gladstone Ports Corporation and Sugar Terminals (STL)...
PSA inks agreement to acquire logistics company
THE Singapore-based port group PSA International has signed an agreement to acquire 100% of the shares of privately-held BDP International, a provider of global integrated supply...
