The week in bulk: Capesze, Panamax markets on the rise
THE Baltic Dry Index showed a slight increase over the past week, in a turnaround after a trend downward from a peak in October. On Friday (3 December) the index was 3171, up 14%...
X-Press Feeders orders eight 1170-TEU dual-fuel ships
X-PRESS Feeders Group has ordered eight 1170-TEU containerships. They will be equipped with dual-fuel engines, able to run on both conventional fuel and methanol. The first...
PSA inks agreement to acquire logistics company
THE Singapore-based port group PSA International has signed an agreement to acquire 100% of the shares of privately-held BDP International, a provider of global integrated supply...
PIL to fully repay all scheme debts ahead of schedule
THE board of Pacific International Lines has announced the company will make an early repayment to creditors who were subject to the Scheme of Arrangement, which PIL entered into...
Shortlist announced for seafarers’ awards in Singapore
THE Mission to Seafarers has announced those shortlisted for accolades in its upcoming Seafarers’ Awards to be held virtually in Singapore on 8 December. The awards recognise...
DHL Supply chain makes Asia Pacific appointments
DHL Supply Chain has named Steve Thompsett as the company’s CEO for Australia and New Zealand. Mr Thompsett is also CEO for Live Sciences and Healthcare, DSC Asia Pacific. At the...
OSK Line converts microplastics into energy
MITSUI OSK Lines and its project partner have successfully produced carbon products, a potential source of energy comparable to wood pellets, from microplastics and microalgae...
PIL introduces new service
PACIFIC International Lines is introducing a new weekly direct service that connects ports in China, Singapore and west Malaysia. The new China Straits Service (CSS) will begin on...
Japanese government to fund SA hydrogen export project
JAPAN’S Ministry of the Environment has chosen Marubeni Corporations hydrogen production project in South Australia as a pilot project for a program looking to co-operate with...
Singapore continues with its seafarer vaccination program
UNDER a tripartite alliance led by the Singapore Shipping Association (SSA), at least 12,000 doses of COVID-19 vaccine will be made available to sea crew onboard oceangoing...
AAL moves four chimney sections for Australian waste-to-energy plant
AAL Nanajing loaded four large chimney sections for an Australian waste-to-energy plant in late September. The combined weight of the sections was nearly 500 tonnes and they were...
MOL to trial hydrogen-fuelled engine
MITSUI O.S.K. Lines, MOL Drybulk and Japan Engine Corporation are to co-operate in a trial of a hydrogen-fuelled engine installed in an on-service vessel. The companies say the...
Australia ratifies the RCEP
AUSTRALIA has ratified the Regional Comprehensive Economic Partnership Agreement, which ensures that exporters can access the benefits of what will be the world’s largest...
MOL announces joint study using Rotor Sails
MITSUI OSK Lines has announced an agreement with iron ore mining company Vale International SA to conduct a joint study on installation of a wind propulsion system known as Rotor...
AMSA and DFAT provide aid to Sri Lanka for X-Press Pearl cleanup
AUSTRALIA has provided marine oil spill response support to Sri Lanka following the sinking of the Singapore-flagged MV X-Press Pearlcontainership off the coast of Colombo in...
