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...
MPA and US ports partner on Pacific green shipping corridor
THE MARITIME and Port Authority of Singapore has partnered with two US ports to develop a strategy for a green and digital shipping corridor across the Pacific Ocean. MPA unveiled...
Röhlig Logistics expands in Malaysia
RÖHLIG Logistics recently opened a new sales office in Penang, Malaysia. The logistics company said the opening of the new office at the end of October, has expanded the company’s...
Höegh explores ammonia bunkering for Aurora fleet
HÖEGH Autoliners is looking into the supply of ammonia as a bunker fuel for the company’s upcoming Aurora Class fleet. Höegh signed a letter of intent with Japan’s Sumitomo...
Maersk to expand South East Asia supply chain infrastructure
MAERSK plans to invest more than US$500 million to expand its supply chain infrastructure to support South East Asia as a global production hub. Maersk’s planned three-year...
Baltic Exchange weekly report
THE BALTIC Dry Index skyrocketed this past week, hitting 3192 on Friday 1 December. The index has been on an upward trajectory for some weeks now up from a recent nadir of 1385 on...
QLD secures flights and cargo capacity to Shanghai
QUEENSLAND and China Eastern Airlines have locked in direct seasonal flights from Shanghai to Cairns to boost air cargo and export opportunities for the state’s far north....
QLD bananas shipped to Japan in supply chain trial
A SHIPMENT of Queensland bananas and melons to Japan aims to support an analysis of how shipping conditions impact the fruits. Queensland’s Department of Agriculture and Fisheries...
Baltic Exchange weekly report
THE BALTIC Dry Index continued on its recent upward run, reaching 2102 on Friday, the highest index since 18 October. The BDI started off the week at 1817 on Monday (20 November),...
Maritime SheEO names DCN Media Company of the Year
DAILY Cargo News was named Media Company of the Year at the Maritime SheEO Awards 2023. The awards concluded the annual Maritime SheEO Conference in Mumbai on 21 November. The...
Trio launches Asia-Pacific chemicals ship business
JAPANESE shipping company Nippon Yusen Kabushiki Kaisha, tanker operator Eneos Ocean Corporation and chemicals tanker operator Stolt Tankers are joining together to form a...
Baltic Exchange weekly report
THE BALTIC Dry Index increased steadily over the past week, reaching 1820 on Friday (17 November). This was a 10.8% increase on the previous Friday’s index, and the highest point...
DHL Express opens expanded Asia Pacific hub
DHL Express has launched an expanded global hub in Hong Kong. The Central Asia Hub is one of three DHL Express global hubs positioned to connect the Asia Pacific region with the...
