MOL launches second LNG-fuelled ferry
MITSUI O.S.K. Lines has launched its second LNG-fuelled ferry. The new Sunflower Murasaki is owned by MOL and operated by group’s coastal ro-pax company Ferry Sunflower. MOL plans...
LR and ClassNK award AiP for ammonia-fuelled gas carrier
LLOYD’S Register and ClassNK have issued approvals in principle for an ammonia-fuelled liquefied gas carrier. Mitsui O.S.K. Lines, Mitsui E&S Shipbuilding and Tsuneishi...
ICS strengthens ties with China Shipowners' Association
THE INTERNATIONAL Chamber of Shipping has announced intentions to strengthen its relationship with China’s shipping industry. ICS chairman Emanuele Grimaldi was in Shanghai...
Maersk launches US-Asia Pacific air freight services
MAERSK has introduced two new air freight services connecting Asia-Pacific region with North America. Maersk expects its air corridor between the US and China to “plug a...
Timor-Leste expands electronic single window for trade
TIMOR-LESTE has expanded its electronic single window to accelerate the movement of international trade. The electronic single window system was designed to reduce the cost and...
NYK to acquire entirety of Mitsubishi Ore Transport
NYK Line is buying all the shares of its joint company Mitsubishi Ore Transport (MOT), a ship management and ship owning business. NYK Line owns a 40.28% stake in MOT but has...
MOL and Rio Tinto sign crew welfare agreement
MITSUI O.S.K. Lines and miner Rio Tinto have agreed to the Designated Owners and Operators program. The DOO program is a Rio Tinto initiative to enhance safety and improve crew...
Maersk launches Europe-China air freight service
MAERSK has launched a new air freight service between Denmark and China. The inaugural flight on the Eurasia service took off on Monday (20 March). The service will continue with...
PSA International’s 2022 volumes decline, revenues increase
PSA International, the Singapore-based port operator, posted a decrease in volumes over 2022, but increases in revenue and profits. The company’s flagship operations are in...
MSC and Global Centre for Maritime Decarbonisation enter five-year partnership
MSC has agreed to contribute to the Global Centre for Maritime Decarbonisation's resources and projects under a five-year partnership. The Impact Partnership agreement aims to...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended the week on 1535, up 8% from 1424 posted on the previous Friday. The BDI this week saw a turnaround from its sharp incline over the past month. Baltic...
Aussie avo exporters can access India
MINISTER for agriculture, fisheries and forestry Murray Watt said Australia and India had agreed on two-way agricultural trade that will provide new market access for Australian...
China ends unofficial ban on Aussie coal
CHINA has completely lifted its unofficial ban on the import of Australian coal, according to global media reports. Customs offices and ports have been instructed to allow cargoes...
MOL offsets emissions from Australia-Japan voyage
MITSUI O.S.K. Lines said it has offset emissions from an iron ore carrier’s voyage from Australia to Japan. Japan-flagged bulk carrier Shinzan Maru, operated by MOL, is engaged in...
New NYK coal carrier aims for carbon neutral
A NEW coal carrier in NYK Line’s fleet will offset carbon emissions on its contracted voyage with an electricity company. The new ship, Kagura, is to operate under a long-term...
