10 magenta mega-ships ordered
OCEAN Network Express has signed shipbuilding contracts with both Hyundai Heavy Industries and Nihon Shipyard to build five vessels each, adding a total of 10 modern very large...
Australasian freight tech company expands in SE Asia
TRADEWINDOW, a New Zealand-based freight technology company, has expanded its reach in South East Asia with a sales-agency agreement with InterCommerce Network Services....
TradeWindow reports revenue, income increases but no profit in FY22
NEW Zealand-based supply-chain software company TradeWindow reported increases in income and revenue, but also an increase in loss over the past financial year, which runs from 1...
Australian ports show little improvement in this year’s Container Port Performance Index
AUSTRALIAN ports improved little in the second edition of the global Container Port Performance Index (CPPI), compared with last year’s edition. The World Bank and S&P Global...
A change in leadership at Toll
TOLL chairman John Mullen AO has announced he would retire from the Toll board at the end of next month. Toll managing director Thomas Knudsen will transition to the role of...
Quad leaders agree on new maritime domain awareness initiative
AT the recent meeting of the Quadrilateral Security Dialogue, the leaders of Australia, India, Japan and the US agreed to establish a new maritime domain awareness initiative...
Aussie company moving ahead with hydrogen export vessels and port design
ASX-listed Provaris Energy has announced a package for a new compressed hydrogen carrier is expected to be complete in June, with approval for construction of the vessel expected...
Swire Shipping joins World Shipping Council
SINGAPORE-based carrier Swire Shipping has joined the World Shipping Council and the company’s CEO, Jeremy Sutton, was elected as a representative to the council’s board. WSC...
IATA reports drop in global air-cargo demand
THE INTERNATIONAL Air Transport Association has reported a drop in demand in global air-cargo markets in its report on March data. Global demand, measured in cargo...
Kawasaki liquefied hydrogen carrier granted approval in principle
A LARGE liquefied hydrogen carrier developed by Kawasaki Heavy Industries has received approval in principle from Japanese ship classification society ClassNK. According to...
China port congestion to remain high: analysts
PORT congestion is rebounding in northern Chinese ports and it is not expected to let up for the next several weeks at least, according to analysis from S&P Global Market...
Swire Shipping affiliate to acquire Westwood Shipping Lines
SWIRE Shipping has announced its affiliate SSPL US has signed a definite agreement to acquire Westwood Shipping Lines, an independent vessel operator based in the United States....
ANL announces Australia-China service
ANL has announced a new service that will connect the Australian ports of Brisbane and Sydney with Shekou and Shanghai. The A3 Express Loop (A3X) will run with 4200-TEU capacity...
Toll to pay $8.6 million for allegedly violating US sanctions
TOLL has agreed to pay to pay US$6.1 million ($8.6 million) to settle its potential civil liability for 2958 apparent violations of sanction programs administered by the US Office...
Japanese bank invests in seafarers' eMoney platform
JAPAN’S largest bank MUFG has invested in MarCoPay Inc, an electronic money platform designed for seafarers and operated by NYK Line. The investment partnership, announced this...
