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...
NYK receives methanol-fuelled chemical tanker
NIPPON Yusen Kaisha (NYK) Line has welcomed a third vessel into its growing fleet of methanol-fuelled chemical tankers. Built at Hyundai Mipo Dockyard in South Korea, Grouse Sun...
PIL launches new weekly service
PACIFIC International Lines is launching a new weekly service between Singapore and the Indonesian port of Surabaya. The company said the new service would expand its presence in...
Japanese biofuel tug test
NYK and its affiliate Sanyo Kaiji have started a continuous three-month test using biofuel supplied by Toyotsu Energy Corporation in tugboats. The biofuel will be supplied...
200 ships receive contaminated bunkers at Port of Singapore
A PRELIMINARY investigation has found around 200 ships have been supplied with contaminated bunker fuel at the Port of Singapore, many of which have reported engine problems. The...
Global trade outlook has "darkened" amid war and shipping disruptions, WTO says
AN analysis from the World Trade Organization has illustrated the current fragility of global trade between the Russia-Ukraine conflict and shipping disruptions in China. WTO...
PIL trials marine biofuel on containership Kota Megah
PACIFIC International Lines is trialling the use of marine biofuel on containership Kota Megah to determine the feasibility of using the fuel across its fleet. The trial commenced...
The week in bulk: A calm week in Cape and Panamax markets
LAST week, the Baltic Dry Index continued the moderate decline seen over several weeks. The index ended last week on 2055 (on 8 April) – this was a decrease of 13% on the previous...
