Biofuel trial voyage from Australia carrying malting barley
A TRIAL voyage using biofuel for grain industry co-operative CBH Group, is being performed on the Edwine Oldendorff from Australia to Vietnam. The vessel loaded 30,000 tonnes of...
The week in bulk: Capesize, Panamax markets drop, BDI falls apace
THE Baltic Dry Index saw a significant dip over the past week, falling to its lowest since March 2021. On Friday (14 January) the index was 1764, a decrease of 22% on the previous...
Singapore still number one maritime city: report
SINGAPORE has retained the number one spot in the Leading Maritime Cities report conducted by classification society DNV and Menon. The 2022 edition of the report was launched...
Sailors’ Society launches emergency fund for seafarers
SAILORS’ Society has launched a new welfare fund to provide emergency support to seafarers and their families during crises. The Sea Change Fund was set up in response to the...
Men charged with alleged plot to import meth into WA
A JOINT release from the Australian Federal Police and Australian Border Force has revealed that three men have been charged over an alleged plot to import almost $100 million...
Liquefied hydrogen carrier starts maiden voyage to Australia
THE first liquified hydrogen carrier sailed from Kobe, Japan on 24 December, bound for Hastings, Victoria to pick up its first cargo. According to reporting from Reuters, the...
ACCI welcomes Aus-India trade deal negotiations
THE Australian Chamber of Commerce and Industry has welcomed the Australian government's move to fast-track negotiations on a free-trade deal with India. “Given businesses have...
Eneos to boost QLD hydrogen production
JAPANESE oil company Eneos is to increase its production and export of green hydrogen from Queensland. From next year the company said it would produce up to 20 kilograms of green...
Free-trade colossus – RCEP to create a new centre of gravity: UNCTAD
A NEW Asia-Pacific free trade agreement set to enter into force on 1 January 2022 will create the world’s largest trading bloc by economic size, according to an UNCTAD study...
Yang Ming takes delivery of YM Together
YANG Ming this week took delivery of the new 11,000-TEUI YM Together. The vessel is chartered from Shoei Kisen Kaisha and it was built by Imbari Shipbuilding Company. The ship...
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...
