News
Shipping lines join forces with power company on ammonia study
MITSUI O.S.K. Lines, NYK Line and Japanese power generation company Jera are launching a joint study on transporting ammonia as a fuel. The two shipping companies signed a...
Baltic Exchange Market Report
THE Baltic Dry Index remained relatively flat over the past week. It started the week at 1337. It rose to a high of 1393 on Wednesday before settling to 1355 on Friday. The Baltic...
MOL and Chevron to study CO2 shipping to Australia
ENERGY corporation Chevron and Mitsui O.S.K. Lines have agreed to study the feasibility of shipping liquefied carbon-dioxide to Australia. Chevron New Energies International...
Aussie company to deliver research cat to Thailand
AUSTRALIAN shipbuilder Incat Crowther is to deliver a new research vessel to Thailand’s Department of Marine and Coastal Resources after winning a competitive international tender...
ICTSI reports revenue, throughput and profit increases
INTERNATIONAL Container Terminal Services reported big increases in revenue and profits over the first nine months of 2022. The Victoria International Container Terminal parent...
Taskforce sets priorities for iron ore green corridor
AN INDUSTRY roundtable in Sydney has outlined what it considers priorities for establishing a green maritime corridor between Australia and Asia. Getting to Zero Coalition members...
Airline launches cargo service for NT mango haul
CATHAY Pacific Cargo has launched a seasonal air cargo service to export mangoes from the Northern Territory. The airline said it will operate one flight out of Darwin each week...
Shipping line puts in order for 24,000-TEU methanol-capable ships
ORIENT Overseas Container Line has ordered seven methanol-compatible 24,000-TEU containerships. The Hong Kong-headquartered company expects delivery of these new ships to start...
Airline increases international cargo flights from Melbourne
CATHAY Pacific is increasing the number of weekly flights carrying cargo between Hong Kong and Melbourne. The airline plans to expand its Hong Kong to Melbourne services from four...
PIL launches intermodal service
PACIFIC International Lines has announced the launch of PIL Intermodal Services to complement its container shipping service. PIL Intermodal Services offers train, truck and barge...
Three jailed for $135 million meth shipment
THREE men who used air cargo to import more than $135 million worth of drugs into Australia have been jailed following a major investigation. The criminal syndicate members...
New liner service announced between North Asia and PNG
BLUE Water Shipping is launching a new regular liner service between North Asia and Papua New Guinea. The Kumul Service is to be an extension to the current Blue Water Shipping...
NYK to study conversion of onboard waste into energy
NYK is participating in a joint study of a system designed to reduce the environmental impacts of marine transport using organic substances generated on vessels. The shipping line...
Newcastle welcomes Shofu Maru and a world-first in wind propulsion
PORT of Newcastle welcomed the world’s first ship equipped with a Wind Challenger hard sail on Monday morning. Bulk carrier Shofu Maru called Newcastle as part of its maiden...
Seafarer vaccination rates up, crew change in China still a problem
THE NUMBER of seafarers able to leave their vessels has improved in the past months, but Covid restrictions in China are still causing crew change problems. The first Quarterly...
