OOCL reports big Q3 revenue growth despite decrease in volume
OOCL reported quarterly revenue of US$4.3 billion in the third quarter of 2021. This is an increase of 125.3% compared with Q3 2020. In a statement to the Stock Exchange of Hong...
AMSA bans bulker for underpaying seafarers
THE Australian Maritime Safety Authority on Saturday (2 October) banned the Singapore-flagged bulk carrier Western Callao from Australian ports for six months. AMSA inspected the...
Australia and India re-launch trade negotiations
TRADE minister Dan Tehan and his Indian counterpart, Piyush Goyal, have formally launched the resumption of negotiations on the India-Australia Comprehensive Economic Cooperation...
T.S. Lines launches dedicated China NZ service
T.S. LINES is launching a new service between China and New Zealand. The service, with the first is to be fortnightly through the end of October, with weekly sailings starting in...
HMM orders 12 containerships
HMM has ordered 12 newbuild containerships – each with a capacity of 13,000 TEU. Hyundai Heavy Industries is to build the new vessels at a cost of US$1.57-billon. An official from...
Launch of NextGEN portal for maritime decarbonisation
THE NextGEN (where "GEN" stands for "Green and Efficient Navigation") portal, an online collaborative global ecosystem of maritime transport decarbonisation initiatives, has been...
BIMCO deputy secretary general to relocate to Singapore
BIMCO deputy secretary general Søren Larsen is expected to relocate to Singapore in the first quarter of 2022. The organisation says the move is to facilitate its ambition to...
NYK to invest in Australian carbon-credit company
JAPANESE ocean carrier Nippon Yusen Kaisha Line (NYK) is investing in Australian Integrated Carbon, which sells carbon credits obtained through primeval forest restoration...
Strategic Marine announces new fast crew boat design
SHIPBUILDER Strategic Marine has announced a new design for a 42-metre Gen 4 fast crew boat that offers expanded operating capabilities, lower emissions and fuel efficiency. The...
PIL launches new South China to India West Coast Service
SOUTH East Asia-focused shipping line Pacific International Lines (PIL) has announced a new weekly direct service known as the South China India Express (SIX), to complement its...
Mizzen selected as a Smart Port Challenge 2021 finalist
AUSTRALIAN logistics technology company Mizzen Group has announced it is a finalist in the PIER71TM’s Smart Port Challenge 2021. The annual Singapore-based Smart Port Challenge...
Swire purchases Dili Chief
SWIRE Shipping has purchased the vessel MV Dili Chief (ex-Souni). The purchase was finalised, along with the vessel’s name change on Monday (13 September). Swire is currently...
Research finds recent supply-chain disruption leading to innovation
TECHNOLOGY, innovation and e-commerce will be key to building resilient supply networks of the future, according to new research from Asialink Business, supported by Toll Group....
IATA appoints new Asia-Pacific regional vice-president
THE International Air Transport Association (IATA) has appointed Philip Goh as its regional vice president for Asia-Pacific with effect from Monday this week. Mr Goh succeeds...
Opposition to plans to export woodchips from Newcastle
A COMPANY that has acquired the sawmill and forested land previously owned by the Sweetman family near Cessnock in New South Wales, has plans to export up to 60,000 tonnes of...
