News
Swire Shipping supports arts program at juvenile rehab centre in Fiji
SWIRE Shipping is supporting a creative arts program at a juvenile rehabilitation and development centre in Fiji. The program was developed by Inspire Pacific, a non-government...
New tool to increase transparency of alternative fuel availability
A NEW tool is being developed to help ship operators determine which ports can accommodate alternative fuel vessels, according to the International Chamber of Shipping. The ICS...
ANL expands Great Barrier Reef recovery program with new coral nursery
ANL is celebrating World Oceans Day today by reinforcing its commitment to protecting the Great Barrier Reef with a new coral nursery and additional support from industry. The...
Containership just-in-time arrivals can lower GHG emissions: report
JUST-in-time (JIT) arrivals allow ships to optimise speed during their voyage to arrive in port when berth, fairway and nautical services are available, according to a new study...
Zim to implement 1-Stop service
ZIM Integrated Shipping is to implement 1-Stop’s PRA validation service, starting on 14 June. A statement from Zim said the PRA validation system is designed to ensure the PRA...
CMA CGM reports increasing profits in 1Q22
THE first quarter results for French ocean carrier CMA CGM revealed huge revenues and profits against a backdrop of increasing costs and a darkening outlook. For the first quarter...
Shippers concerned by carbon tax ahead of IMO decarbonisation talks
THE GLOBAL Shippers Forum has voiced concern that the International Maritime Organization’s upcoming carbon tax discussions will push freight costs for shippers higher than their...
OPINION: Does the latest CPPI give a realistic view of port rankings?
THE TRANSPORT Global Practice of the World Bank and the Maritime, Trade and Supply Chain division of S&P Global Market Intelligence have recently published the Container Port...
Windy weather stops container operations at Botany
HIGH winds again affected container operations Monday morning at Port Botany, and stevedores halted operations. The Patrick terminal stopped operations at 0800, and CargoLink...
Swire Shipping appoints new managing director
SWIRE Shipping has announced a change in leadership, having appointed Jeremy Sutton as managing director. Mr Sutton is currently chief operating officer. He will take over from...
At least 49 dead in Bangladesh container depot blast
AT LEAST 49 people have died in a fire at a container depot in Sitakunda, Bangladesh, near the country’s main port of Chittagong. Footage has been released of smoke billowing from...
World Container Index decreases slightly this week
DREWRY’S composite World Container Index decreased by 0.1% to US$7625.56 per 40-foot container this week. However, the index remains 18% higher than it was one year ago. The...
New Zealand wine exporters to benefit from new inland port
NEW Zealand’s Port Nelson has announced its logistics division QuayConnect will develop an inland port in the Marlborough region. The development is part of Port Nelson’s wider...
FMC determines recent high freight rates are product of market forces
THE US Federal Maritime Commission has determined that high ocean freight rates since the pandemic started are the product of supply and demand market forces. In its Final report...
10 magenta mega-ships ordered
OCEAN Network Express has signed shipbuilding contracts with both Hyundai Heavy Industries and Nihon Shipyard to build five vessels each, adding a total of 10 modern very large...
