Baltic Exchange weekly market report
THE BALTIC Dry Index continued a steep decline this past week, hitting 1130 on Friday. The decline began after the index saw a peak of 1723 on 21 December; it has declined every...
Maersk to build green and smart logistics centre in Shanghai
MAERSK is to build its first “green and smart” flagship logistics centre in China in Lin-gang, Shanghai. The company signed the land grant contract with the administrative...
China Shipowners’ Association joins ICS
THE CHINA Shipowners’ Association has joined the International Chamber of Shipping as a full member. The CSA is to join the ICS Board, which oversees the policy positions ICS...
Offshore wind crew transfer cat delivered
INCAT Crowther last month delivered a new purpose-built 32-metre catamaran CTV to Goldsea Marine & Offshore Engineering (Shanghai). The vessel, called Incat Crowther 32, will be...
NYK’s second dual fuel VLGC named
A NAMING ceremony has been held at for a new very large gas carrier that NYK is to charter to Astomos Energy Corporation. Astomos Energy executive vice-president Mitsuru Yamanaka...
Asian port calls added to liner service
BREAKBULK and project cargo specialist AAL has added calls in Thailand and Singapore to its Asia to West Coast Australia liner service (AUWC). The company said the service had...
Filipino President, maritime industry representatives discuss issues
REPRESENTATIVES from organisations representing seafarers, shipowners and other maritime industry employers met with Filipino President Ferdinand “Bongbong” Romualdez Marcos Jr as...
Tea-packet meth smuggling on the rise: AFP
OVER the past year, the Australian Federal Police have seized more than 2.1 tonnes of so-called tea-packet methamphetamine. According to the AFP, criminal syndicates have adopted...
Trio allegedly linked to sea freight drug hauls arrested in Philippines
POLICE have arrested three alleged members of a transnational crime syndicate linked to the importation of almost two tonnes of drugs into Australia in sea freight. Australian...
Tibar Bay port officially inaugurated
THE TIMOR-LESTE government has inaugurated the new Tibar Bay deepwater port. The new port was built to ease congestion at nearby Port of Dili, the only international port in...
Monson acquires Meridian
AUSTRALIAN port agency Monson has acquired Meridian Port Agencies in a move that the company said would build its scale and international network. A statement from Monson said the...
India trade deal to come into effect 29 December
THE INDIAN government has this week completed its domestic requirements to enable the implementation of the Australia-India Economic Cooperation and Trade Agreement (ECTA). The...
Dual fuel generator engine obtains approval in principle
SHIP classification society ClassNK has issued an approval in principle for a dual-fuel generator engine designed to use hydrogen gas as fuel. The AiP also covers related...
Changes to Southeast Asia shipping service
SWIRE Shipping is planning to upgrade its Southeast Asia (SEA) shipping service this month. The upgraded SEA service is scheduled to commence in mid-December with containership...
DHL Supply Chain welcomes new Asia Pacific leader
DHL Supply Chain has appointed Mihaela Isac as chief information officer for Asia Pacific. Ms Isac has been with DHL Supply Chain for more than a decade, and was most recently...
