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%...
Mixed quarter for Taiwanese carriers
TAIWAN’s Evergreen and Yang Ming, respectively the world’s seventh and tenth largest container carriers, sailed different courses during the first quarter of 2025, according to...
Spectacular float over for giant FPU
A SPECTACULAR engineering milestone for the Scarborough Energy Project has been reached with the joining together of the topsides and hull for the Floating Production Unit (FPU)....
Swire announces ban on donkey skin shipping
SINGAPORE liner company Swire Shipping has announced a ban on the carriage of donkey skins, a policy said to be based on ethical and environmental grounds. The policy was...
DP World opens first Singapore warehouse
DP WORLD has announced the opening of its first ever logistics asset in Singapore, bringing its total warehousing capacity in the Asia Pacifici region to over 800,000 square...
Queensland announces China trade and investment strategy
STRONG complementarities between China and Queensland are key to growing trade links, a new report says. Trade and Investment Queensland, the trade arm of the state government,...
Apple growers, meat producers to benefit from greater China access
EXPORTS of apples and meat are tipped to increase after China granted greater market access to Australian producers. This follows the signing of a new biosecurity protocol between...
Blank sailings as lines try to hold rate shrinkage
AN INCREASING number of blank sailings are creeping into China-Australia schedules – if that’s not a contradiction in terms – as carriers attempt to keep a floor under rates as...
