OOCL revenue plummets 63% in second quarter
ORIENT Overseas International has reported a 62.6% decrease in total revenue for Orient Overseas Container Line for the second quarter of 2023. The Hong-Kong headquartered company...
NYK and GCMD to trial ammonia under new partnership
NYK Line has partnered with the Global Centre for Maritime Decarbonisation to boost the centre’s capacity to trial ammonia as a marine fuel. GCMD and NYK signed a five-year...
Baltic Exchange weekly report
THE BALTIC Dry Index continued its downward trend this past week. The BDI stood at 1233 on Monday (xx June) and ended the week at 1091 on Friday, a 11.5% decline on the start of...
AiP for liquefied CO2 and ammonia carrier
CLASSNK has granted approval in principle to Mitsubishi Shipbuilding and Nippon Yusen Kabushiki Kaisha for a ship that can transport ammonia and liquefied carbon dioxide....
ASCs being shipped to Melbourne
BREAKBULK and heavy lift specialist AAL has is completing two shipments of container cranes from Taicang and Shanghai to Melbourne for the VICT terminal expansion program. The six...
New NYK compression system to reduce emissions
NYK Line is installing an engine air compression system on two LNG-fuelled coal carriers. It claims the system is a world-first. The variable compression ratio (VCR) system is...
MOL and Chevron form alliance for future-fuels research
MITSUI O.S.K. Lines and Chevron are forming a “strategic alliance” to research new fuels for the marine energy industry. MOL and Chevron Singapore signed a memorandum of...
HMM adds stop to service
Photo] MV. Hyundai Shanghai, deployed on FIL service, called at New Priok Container Terminal One(NPCT1) in Jakarta, Indonesia. HMM has launched a new stop in Indonesia on its FIL...
Drugs in plastic pallets seized in Australia, US, Hong Kong and NZ
THE AUSTRALIAN Federal Police have charged three men in Sydney as part of an investigation into a Mexican organised crime syndicate that police suspect imports hundreds of...
Australia delivers maritime facilities in Jakarta
THE AUSTRALIAN Maritime Safety Authority has handed two new maritime facilities over to the Indonesian government. Australia supported the development of the Solid Bulk Cargoes...
Norfolk landing craft delivered and ready to sail
NEPTUNE Pacific Direct Line’s landing craft Norfolk has been delivered and is ready to sail after several months of delays. NPDL said in a notice the crew was on board the vessel...
Emissions and safety in focus at Sydney maritime forum
PLANS to reduce emissions and increase safety for mariners have emerged from a maritime leaders forum in Sydney. Australia co-hosted the Asia-Pacific Heads of Maritime Safety...
MOL trials satellite communication service at sea
MITSUI O.S.K. Lines is trialling satellite communication service Starlink on one of its ships. MOL installed the Starlink system under an agreement with maritime connectivity...
Big containership joins OOCL fleet
OOCL has welcomed the third of twelve new 24,188-TEU vessels into its fleet. The new containership was officially named OOCL Turkiye with a ceremony at the Nantong COSCO KHI Ship...
Big ONE ship delivered
OCEAN Network Express has taken delivery of ONE Innovation at Kure Shipyard of Japan Marine United Corporation. The vessel has a capacity of up to 24,136 TEU and is ONE’s first...
