Port of Townsville backs 15 local initiatives through $50,000 community fund
PORT of Townsville has backed 15 community projects in through its second annual $50,000 Community Fund. The fund was launched in 2020. This year, community-based initiatives...
PIL orders four 8000-TEU dual-fuel containerships
PACIFIC International Lines has awarded a contract today to Yangzijiang Shipbuilding for the construction of four 8000 TEU LNG dual-fuel containerships. PIL said the vessels would...
New CEO for PIL
LARS Kastrup today (1 July) was named the new CEO of Pacific International Lines Mr Kastrup has been in the role of co-president and executive director since March 2021. He is a...
GSF study claims global liner market is more concentrated than other studies let on
CURRENT measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate, according to the Container Shipping Market Quarterly Review for...
MOL and TotalEnergies complete first biofuel bunkering on vehicle carrier
MITSUI O.S.K. Lines has completed the first vehicle carrier biofuel bunker operation with TotalEnergies Marine Fuels, a Singapore-based bunkering service. Heroic Ace was...
Swire Bulk launches liner service between South East Asia and Europe
SWIRE Bulk is launching its first liner service between South East Asia and Europe, with one or two vessels deployed on a monthly rotation. The new service will load cargo in...
MOL launches ammonia-powered carrier project
MITSUI O.S.K. Lines has announced the launch of a joint project with Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding to build an ammonia-powered liquefied gas carrier. The...
Yang Ming welcomes latest 11,000-TEU containership
YANG Ming took delivery of the new, chartered 11,000-TEU YM Tranquility on 14 June. The vessel was chartered from Shoei Kisen Kaisha. Imabari Shipbuilding built the vessel. YM...
Air cargo demand declines in April
GLOBAL demand for air cargo dropped in April according to the latest data from the International Air Transport Association. Global demand, measured in cargo tonne-kilometres...
At least 49 dead in Bangladesh container depot blast
AT LEAST 49 people have died in a fire at a container depot in Sitakunda, Bangladesh, near the country’s main port of Chittagong. Footage has been released of smoke billowing from...
LNG carrier undertakes trans-oceanic voyage with autonomous navigation
LNG carrier Prism Courage completed a trans-Pacific voyage relying on autonomous navigation technology. Hyundai subsidiary Avikus, together with SK Shipping, announced the...
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...
