Baltic Exchange weekly market report
THE BALTIC Dry Index continued its decline last week, hitting a nadir of 530 on Thursday (16 February) before inching up to 538 on Friday – 11% down on a week prior. The Baltic...
MOL to merge ferry and coastal ro-ro businesses
MITSUI O.S.K. Lines is merging two group businesses to create what it claims will be the largest ferry and coastal ro-ro company in Japan. MOL Ferry and Ferry Sunflower, the...
New cargo airline service to boost Queensland exports
MAJOR cargo carrier Korean Air will start flying to Brisbane five times a week from April this year. Brisbane Airport Corporation said the South Korean airline is one of the...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended on 602 on Friday (10 February), down from 621 a week earlier. The sharp decline that started in late December appears to be softening. The Baltic Dry...
Hapag-Lloyd and TotalEnergies complete milestone biofuel bunker
TOTALENERGIES Marine Fuels has refuelled Hapag-Lloyd containership Afif with a UCOME-based marine biofuel – a first for the bunkering business. The 15,000 TEU vessel took on 2000...
Ports confused by new crew change policies in China
CHINA has lifted its crew change restrictions, but ports are confused about the change and shore leave is still prohibited, according to the International Chamber of Shipping. In...
The DCN Weekly: Episode 33
THIS week, the Australian Transport Safety Bureau released its report an incident aboard liquefied hydrogen carrier Suiso Frontier....
Zim introduces new SE Asia to Australia service
ZIM Integrated Shipping Services is launching a new service covering ports in South East Asia and Australia. The company said the new service would expand its coverage of the...
Electrical component failure caused Suiso Fontier malfunction: ATSB
AN INCORRECTLY fitted electrical component was behind the malfunction on liquefied hydrogen carrier Suiso Frontier, an investigation has found. Suiso Frontier was berthed at...
Nuyina's return to Australia delayed again
RESEARCH vessel Nuyina is to remain in Singapore a month longer than expected while a chartered ship sails to Antarctica in its place. The Australian icebreaker has been in...
PPA and Japanese port partner on renewable energy trade
PILBARA Ports Authority has signed a memorandum of understanding with the Port of Himeji in Japan to boost renewable energy trade opportunities. The MoU intends to support...
Hapag-Lloyd to acquire share in ports and logistics business
HAPAG-LLOYD has agreed to acquire a share in India’s J M Baxi Ports & Logistics (JMBPL), a terminal and inland transport business. Under an agreement signed on Wednesday (26...
Dual-fuel LPG carrier delivered for NYK
KAWASAKI Heavy Industries has this week delivered a liquefied petroleum gas carrier for NYK Line. Lantana Planet is the 69th LPG carrier the company has built, and its fourth...
New Covid restrictions cause crew change problems
NEW Covid-19 testing requirements and restrictions in some countries are creating crew change problems, the Global Maritime Forum has found. Ship managers participating in GMF’s...
ONE changing Australia-SE Asia services
OCEAN Network Express is launching three new services connecting Australia with South East Asia. The company said the new services will replace its existing services “in order to...
