News
New leadership and regional structure at Röhlig
RÖHLIG Logistics has appointed Christoph Passek as managing director for China and Hong Kong. The logistics company has also assigned four area general managers to a new regional...
ICTSI commits to 2050 net-zero for scope 1 and 2 emissions
INTERNATIONAL Container Terminal Services has committed to achieving net-zero greenhouse gas emissions for its scope 1 and 2 emissions by 2050. ICTSI is the owner of the Victoria...
Record year for container throughput in Singapore
ANNUAL vessel arrival tonnage at the Port of Singapore exceeded three billion gross tonnes in 2023, setting a record for the port. Singapore’s acting minister for transport Chee...
Baltic Exchange weekly report
THE BALTIC Dry Index fell over the past week to 1460 on Friday 12 January – a decrease of 30% on the previous Friday’s index. This past Friday marked the lowest point for the...
MPA to trial electric harbour craft charging concepts
THE MARITIME and Port Authority of Singapore has chosen three pilot schemes for charging electric harbour craft at the port. MPA selected the Pyxis Energy, Pyxis Maritime and SP...
Airlines relaunch services bringing cargo capacity to WA
TWO overseas airlines are recommencing services to Western Australia this year. South African Airways is planning to relaunch non-stop flights between Johannesburg and Perth in...
OOCL revenue declines in last quarter
ORIENT Overseas Container Line saw total revenues decrease for the quarter ended 31 December 2023. Total revenues for the fourth quarter came to US$1.62 billion, which was a 49%...
NZ minister heads to India and Singapore for trade talks
NEW Zealand trade minister Todd McClay is travelling to India and Singapore with a goal to advance NZ’s relationships with the two countries. Mr McClay was due to depart on 18...
Baltic Exchange weekly report
THE BALTIC Dry Index fell slightly at the end of a dynamic week, but the index is still higher than it has been for most of the past year. The BDI hit 2348 on Friday (15...
NYK joins ammonia research partnership
NYK Line, JERA and chemicals company Resonac have partnered for a joint study on ammonia bunkering. Shipping company NYK and Japanese power company JERA said the companies are...
China lifts suspensions on Aussie abattoirs
CHINA has lifted suspensions on three Australian meat export establishments. China suspended exports from Teys Australia in Naracoorte, South Australia, Australian Lamb Company in...
AiP issued for 11,000 CEU car carrier design
DNV has issued an approval in principle for the design of what it claims would be the world’s largest car carrier. The 11,000 CEU pure car and truck carrier would be 234 metres...
Baltic Exchange weekly report
THE BALTIC Dry Index climbed to lofty heights early last week before a steep decline in the latter part of the week. The index hit a high of 3346 on Tuesday (4 December) before...
ECTA deal boosts Australia-India trade in 2023
THE VALUE of trade between India and Australia has increased significantly over the past year and could potentially have doubled by the end of 2023, according to the High...
PIL and DP World to collaborate to reduce emissions
PACIFIC International Lines and DP World have singed a memorandum of understanding to develop ways to decarbonise global supply chains. The companies aim to help each other to...
