News
The waves beneath the wings
NORWAY’s Grieg Maritime Group, partner with Gearbulk in G2Ocean, has signed a contract with GT Wings to install at least two of their AirWing™20 Jet Sails on their fleet. Grieg...
Marine insurers “reaffirm commitment” to West Asia trade
MARINE insurers continue to “show resilience” and maintaining the availability of cargo, hull, liability and offshore energy cover, the International Union of Marine Insurance...
Procuring oil on troubled waters
FEDERAL government advice that six ‘lost’ April fuel import shipments have been replaced, and a further three contracted from the USA, will provide some soothing of nerves in the...
CMA CGM uncorks service enhancement
CMA CGM next month will expand the coverage of its Panama Direct (PAD) service with the perhaps unlikely inclusion of a call in Cork, Ireland. PAD, which operates between Europe,...
Middle East conflict threatens medicine supply chains, analyst says
CONFLICT near the Strait of Hormuz has potential to disrupt Australia’s pharmaceutical supply chains, according to Steve Blough, chief supply chain strategist for software firm...
Australia and the EU conclude trade deal
BOLSTERING Australian competitiveness and diversifying market access is how a trade deal with the EU has been described by the federal government. The deal was announced this week...
MIDDLE EAST UPDATES: IMO calls for safe maritime corridors
WELCOME to our rolling updates on the crisis unfolding in the Middle East and its impact upon shipping, trade and transport. We will add new information as it becomes available,...
Exporters call for 'financial assistance' as war rages in the Middle East
SIGNIFICANT, unbudgeted costs arising from shipping disruptions linked to the Middle East conflict have prompted calls from exporters for “targeted financial assistance”. In a...
Myrmell heading to Saudi Arabia
FORMER Carnival Australia president and current Journeys Beyond chief operating officer Sture Myrmell has been appointed president of Saudi Arabia’s AROYA Cruises. Mr Myrmell...
G2Ocean: 2025 revenues down but profits up
NORWEGIAN open-hatch vessel specialist G2Ocean has lamented reduced 2025 revenue due to lower activity across global markets but has reported an improved bottom line thanks to...
Wallenius Wilhelmsen secures bio-methanol supply
WALLENIUS Wilhelmsen has signed with fellow Norwegian company, energy giant Equinor, for a two-year supply of mass-balanced bio-methanol. Wallenius Wilhelmsen says the agreement...
Australia a small fish in DP World
AUSTRALIA is small fry in the global realm of DP World. Lumped in with the Americas in its 12 March financial results for 2025, DP World reported the two territories combined had...
ZIM takes a beating
ZIM Integrated Shipping Services, due to be largely absorbed by Hapag-Lloyd later this year, has reported a sharp fall in profitability for 2025 and, like many other carriers, a...
CMA CGM’s 2025: Solid results driven by shipping
CMA CGM chairman and CEO Rudolphe Saadé is confident the group’s strategy remains on course, despite an environment marked by significant geopolitical uncertainty. Addressing the...
Sydney’s Scenic expands cruising view
SYDNEY-based Scenic Group is embarking on further river cruise expansion in Europe and Asia with three new ships to be delivered in 2027 and 2028. The luxury vessels, including...
