Industry proposes funding allocation to decarbonise shipping in developing countries
GLOBAL shipping industry representatives and supporting governments have outlined proposals for how a global research and development fund can be tailored to support developing...
UNCTAD report details Ukraine conflict's trade impact
THE UNITED Nations Conference on Trade and Development has published a rapid assessment report confirming the war in Ukraine has contributed to a worsening outlook for the global...
North P&I and Standard Club announce merger plan
MARITIME insurers North P&I and Standard Club have started discussions for a proposed merger that would create a new global marine insurer. A statement said the new entity would...
Man sentenced in drug-smuggling case
THE NSW District court on Friday sentenced a 35-year-old man to 24 years in prison, with a non-parole period of 14 years, over his role in the criminal syndicate that attempted to...
Hapag-Lloyd to acquire Deutsche Afrika-Linien
HAPAG-Lloyd is to acquire German container liner business Deutsche Afrika-Linien (DAL), the company announced on Thursday. DAL operates four liner services between Europe, South...
Russia-Ukraine conflict continues to harm seafarers and supply chains
THE International Chamber of Shipping has reinforced its warning that the Russia-Ukraine conflict will send shockwaves through the supply chain if seafarers continue to be...
Endurance indeed: Shackleton’s shipwreck discovered off Antarctica
EXPEDITIONERS have discovered the wreck of Ernest Shackleton’s ship Endurance more than a century after it sunk off the coast of Antarctica. Endurance sank in 1915 after becoming...
Ships’ cooks to be honoured at upcoming celebration day
MARITIME catering management provider MCTC has announced a new annual celebration in honour of ships’ cooks. MCTC will host the inaugural Cooks Day celebration on 30 May this...
Wärtsilä to deliver power and electrical systems for SeaRoad newbuild
FINLAND-based technology group Wärtsilä is to supply main and auxiliary engines, fuel storage tanks, gas handling equipment and electrical systems for SeaRoad’s newbuild ro-ro...
WW suspends operations in Russia and Belarus
WALLENIUS Wilhelmsen announced it would suspend operations to both Russia and Belarus in reaction to the ongoing war in Ukraine. Wallenius Wilhelmsen acting CEO and CFO Torbjørn...
Sailor’s Society launches crisis appeal for Ukrainian seafarers
SAILOR’S Society has launched a crisis appeal to support Ukrainian seafarers impacted by the conflict between Russia and Ukraine. Ukrainian seafarers account for 4% of the global...
International Women’s Day 2022: breaking the bias
INTERNATIONAL Women’s Day 2022 will be driven by a campaign to break the gender bias which creates an uneven playing field for women around the world. On 8 March each year,...
ICS launches online diversity charter on International Women’s Day
THE International Chamber of Shipping launched its inaugural Maritime Diversity and Inclusion Charter on International Women’s Day 2022. The charter encourages shipping companies...
PIL to build four 14,000-TEU containerships
PACIFIC International Lines has awarded a contract to build four 14,000-TEU containerships to Jiangnan Shipyard. The four vessels, to be delivered progressively from the first...
The week in bulk: Business as usual despite disruptions
THE Baltic Dry Index last week saw a slight incline, ending the week higher than it started. The BDI for Friday 4 March was 2148, an increase of 3.5% on the previous Friday (when...
