Australia and Indonesia encouraged to strengthen trade ties
INDONESIA and Australia should strengthen trade ties as both nations seek to navigate a regime of tariffs imposed by a seemingly erratic Trump administration in Washington DC....
X-Press Feeders and COSCO sign partnership and leasing agreement
CARRIER company X-Press Feeders Group and COSCO Shipping Lines have signed two agreements aimed at expanding network coverage and strengthening mainline-feeder coordination. The...
Nippon Paint Marine and RightShip agree on environmental cooperation
MARINE coatings business Nippon Paint Marine has announced it has agreed with RightShip to join its Zero Harm Innovation Partners Program as a strategic partner. This is part of...
Blume Global scores ICTSI as first terminal client
BLUME Global, a US-based digital supply chain specialist acquired by WiseTech in 2023, has released a digital appointment scheduling platform designed specifically for ocean...
Hanwha renews efforts to take over Austal
SOUTH Korean shipbuilder Hanwha is renewing its efforts to take over Perth-based shipbuilder Austal. In a notice to the Australian Stock Exchange Austal said it had received...
PSA joins GCMD as strategic partner
THE GLOBAL Centre for Maritime Decarbonisation (GCMD) and PSA International (PSA) have today (5 June) announced a five-year strategic partnership to advance collaboration on...
Inbound Connect expands, both north and south
IT HAS been a busy time for Inbound Connect, which has continued its vehicle booking system (VBS) expansion in Singapore and New Zealand. Inbound Connect is a software as a...
Consortium upgrades A3N service
THE PARTNERS in the A3 consortium, ANL, COSCO Shipping and OOCL, will add a seventh ship to the A3N loop in July, upsize the existing fleet and include Ningbo in the port...
Santos FPSO BW Opal delivered in Singapore
BW OFFSHORE has formally taken delivery in Singapore of the floating production storage and offloading unit destined for Santos’s Barossa Field in the Timor Sea. BW Opal...
No “filler” for NYK’s éclair-shaped battery-powered vessel
NIPPON Yusen Kaisha has unveiled Japan’s first fully battery-driven work vessel, part of the line’s efforts to leverage technology to facilitate decarbonisation. The vessel’s name...
Box ship MSC Elsa 3 sinks off the coast of India
A LIBERIAN-flagged boxship has sunk off the Indian province of Kerala, with authorities fearing possible environmental impact. Local media is reporting that the captain and crew...
NYK launches antioxidant for marine biodiesel
NIPPON Yusen Kaisha (NYK Line) has announced it will launch a product that reduces the oxidation degradation of marine biodiesel (biofuel) by around 50%. Nippon Yuka Kogya, an NYK...
Macadamia exporters seek a passage to India
MACADAMIA exporters are shaping as a key winner from the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA). Under the agreement that took effect in late 2022,...
PIL quadrupled profit in 2024
SINGAPORE’s Pacific International Lines enjoyed a massive rebound in FY 2024, according to results revealed late last week. The company achieved a net profit after tax of USD...
Blockbuster Q1 for HMM
SOUTH Korea’s HMM saw total revenue in Q1 2025 grow by 23% to KRW 2,855 billion (USD 2,051 billion) from KRW 2,330 billion in Q1 2024. At the same time net profit improved to 52%...
