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...
Incat delivers 76-metre fast cat for South Korea
INCAT Tasmania has delivered Santa Monica 1, a 76-metre high-speed catamaran ferry for Seaworld Express of South Korea. The vessel left Hobart on Tuesday and is currently headed...
Maritime and mining industries to explore green corridor between Australia and East Asia
A CONSORTIUM of shipping industry stakeholders has signed a letter of intent to assess the development of an iron ore green corridor between Australia and East Asia. Led by the...
Lockdowns continue to disrupt freight across China
FREIGHT across China is again being impacted by a surge in COVID-19 cases and a subsequent wave of lockdown measures. Shipping companies have reported limited trucking...
Air cargo growth continues in February
GLOBAL air cargo demand increased in February despite a difficult operating environment, according to the latest data from the International Air Transport Association. However,...
Freight forwarder Geodis to acquire Keppel Logistics
FREIGHT forwarder Geodis has signed an agreement to acquire transport service Keppel Logistics to increase its contract logistics footprint in the Asia-Pacific region. Keppel...
OPINION: Australia takes steps to free trade agreement with India
AFTER a long series of false starts, Australia and India have finally completed the first stage of a two-stage process that will result in a full Australia-India Comprehensive...
The week in bulk: Green shoots in the Capesize market?
LAST week, the Baltic Dry Index continued the moderate decline of the previous week. The index ended the previous week at 2544, and last week declined to 2357 by Friday 1 April, a...
Kerry Logistics posts 2021 net profit increase of 102%
Third-party logistics provider Kerry Logistics reported a robust profit growth in 2021. The company’s core net profit increased by 102% to HK$3.7 billion ($628 million), according...
NYK welcomes new LNG-fuelled ro-ro vessel
JAPANESE shipping line NYK has taken delivery of Plumeria Leader, a new ro-ro vessel that can run entirely on liquefied natural gas. Plumeria Leader will have the capacity to...
Partnership agreement to expand trade and investment with the UAE
TRADE relationships and export opportunities between Australia and the United Arab Emirates are expected to grow under a potential comprehensive economic partnership agreement...
Swire Shipping celebrates 150th anniversary
CELEBRATING its 150th anniversary this year, Swire Shipping has reflected on its past and is looking toward a sustainable future. The company is the oldest operating entity of...
