Maersk announces generational change of its board of directors
SHIPPING line Maersk has announced that Robert Maersk Uggla is nominated as the new chair of the board and Marc Engel as new vice chair, to be finalised at the annual general...
Program helps Aussie mango grower secure new US deal
THE Australian government’s $72.7 million Agribusiness Expansion Initiative has helped one of Australia's largest mango growers secure a new deal to export more of its prized...
Trend towards sustainability “inexorable”, says BHP
AUSTRALIAN mining giant BHP, has provided a maritime trade update as part of its economic and commodity outlook for the FY half year. In the dry bulk segment, immediately prior to...
Zim secures chartering agreement for 13 containerships
ZIM is to charter 13 containerships under a new charter agreement with international dry cargo and container vessel operator Navios Maritime Partners LP. The fleet will comprise...
The week in bulk: Markets coming to life
THE Baltic Dry Index last week saw a steep incline after weeks of precipitous decline and a week in the doldrums. The BDI on Friday (11 February) was 1977, an increase of 39% on...
Liner shipping defines the six critical pathways to zero carbon shipping
THE World Shipping Council, representing global container and ro-ro shipping lines, has identified six regulatory and economic pathways, which it believes are critical for the...
Analysis supports LNG pathway as ship fuel under CII ratings
ADVOCACY group for the use of liquefied natural gas as a ship fuel, SEA-LNG, has provided analysis that shows how LNG extends compliance under the International Maritime...
DSV reports extraordinary 2021 growth
DANISH transport and logistics giant DSV has reported extraordinary growth in its 2021 results. The company’s revenue grew 59% over the year and its operating profit saw growth of...
Shipping giant acquires landside logistics provider
SHIPPING line Maersk has acquired US-based first, middle and last-mile freight logistics provider Pilot Freight Services, adding to its growing landside transportation offerings....
ICS convenes maritime industry leaders to decarbonise shipping
THE International Chamber of Shipping has announced plans to address the challenge of decarbonisation at a summit this year. The ICS has said it would work with partners to...
Maersk triples its full year earnings in record result
SHIPPING line Maersk has delivered record earnings for 2021, which was an exceptional year with focus on mitigating supply chain risks for customers while strengthening the...
New coastal monitoring system in Papua New Guinea
NORWEGIAN technology company Vissim, together with M-Nav Solutions, has installed and upgraded an advanced coastal monitoring and surveillance system to ensure safer vessel...
Advancing Australia’s trade interests in India
AUSTRALIA’S minister for trade and tourism, Dan Tehan, is travelling to India on 9 February to advance negotiations on a free trade agreement and promote Australia as a premium...
Shipping line installs weather stations on vessels
SHIPPING line Maersk has collaborated with the National Meteorological Service of Germany, Deutscher Wetterdienst (DWD), to install automated weather stations on 50 of its...
Liner performance report reveals “staggering drop” in schedule reliability
GLOBAL schedule reliability plunged from 63.9% in 2020 to 35.8% last year, according to a recent analysis from Sea-Intelligence. The 2021 Global Liner Performance Report indicates...
