No stopping North & East Asia rates slide
WITH China-Australia rates in something like freefall since the first week of January and other Asian trades gradually following suit, carriers are rushing to try more GRIs, rate...
Trump plan to tax Chinese-built, owned ships
THE TRUMP Administration is proposing to “fight back” against China’s perceived maritime dominance by introducing new port fees and banning infrastructure ownership. The office of...
South Aust celebrates new Asia link
THE NEWBUILDING 1800 TEU MSC Sijing sailed out of Port Adelaide’s Outer Harbour this morning after making the first call on MSC’s extended Koala Service, thus restoring South...
Strategic Marine delivers first Surface Effect ship
SINGAPOREAN shipbuilder Strategic Marine has announced the signing and delivery of its first Surface Effect Ship (SES) to All Energies Services, an operator of offshore supply...
AiP issued for maritime hydrogen fuel cell system
CLASSNK has issued an approval in principle for a maritime hydrogen fuel cell system developed by Japan’s Yanmar Power Technology. The classification society said this is the...
Qantas to launch Darwin-Singapore service
QANTAS intends to launch a new international route connecting Darwin and Singapore. The direct flights would begin in December 2024, and speed up journeys between the Northern...
DNV to class very large ethane carriers
DNV will class shipowner Purus’ two newbuild very large ethane carriers (VLECs). The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled...
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...
