Road transport and imports up for Wiseway in Q2
AUSTRALIAN-listed logistics provider, Wiseway Group, announced its trading update for the three months up to 31 December 2021 (Q2 FY22). Highlights included revenue growth of 19%...
Biofuel trial voyage from Australia carrying malting barley
A TRIAL voyage using biofuel for grain industry co-operative CBH Group, is being performed on the Edwine Oldendorff from Australia to Vietnam. The vessel loaded 30,000 tonnes of...
The week in bulk: Capesize, Panamax markets drop, BDI falls apace
THE Baltic Dry Index saw a significant dip over the past week, falling to its lowest since March 2021. On Friday (14 January) the index was 1764, a decrease of 22% on the previous...
60 containers overboard in Madrid Bridge incident, more damaged
MADRID Bridge lost an estimated 60 containers overboard, with 70 damaged during an incident in the North Atlantic on 7 January. According to a customer advisor from vessel...
Singapore still number one maritime city: report
SINGAPORE has retained the number one spot in the Leading Maritime Cities report conducted by classification society DNV and Menon. The 2022 edition of the report was launched...
ICS and IMPA shipping guidance can help curb pilot transfer fatalities
A NEW international guide provides updated advice on embarkation arrangements for marine pilots in response to industry concerns over the safety. The Shipping Industry Guidance on...
Drewry’s container index increases slightly on last week
DREWRY’S composite World Container Index increased 1.4$ to US$9544.66 per 40-foot container this week. While the composite index increased by 1.4% this week, it remains 82% higher...
Supply chain disruptions halve November air cargo growth: IATA
DATA released by the International Air Transport Association (IATA) for global air cargo markets shows slower growth in November 2021. Supply chain disruptions and capacity...
CMA CGM Libra Supreme Court ruling sparks industry discussion
MORE than ten years after the grounding of CMA CGM Libra, a UK Supreme Court judgement has found negligent passage planning by masters and officers can render a ship unseaworthy....
Congestion is getting worse according to shipping analyst
ABOUT 11.5% of the global ocean container shipping capacity was taken out of the market due to vessel delays in November, according to a recent analysis from Sea-Intelligence....
Maersk says delays across its network are continuing into 2022
THE global supply-chain challenges of 2021 are continuing into the new year, according to a customer advisory from Maersk. “Unfortunately, 2022 has not started off as we had...
Shipping platform to benefit from predictive intelligence
MARITIME predictive intelligence company Windward has partnered with Maritech to provide its risk scores to the Sea/ digital platform. The Sea/ platform enables charterers,...
Poseidon Principles signatories make headway, but climate goals out of reach for some
POSEIDON Principles signatories are making progress in aligning ship finance portfolios with climate goals despite COVID-19 headwinds, according to the association’s latest annual...
Damen uses Skoonbox to cut yard emissions
SHIPBUILDER Damen has taken delivery of the Skoonbox from Skoon Energy, the world's first maritime-certified, multi-purpose battery container. The Netherlands based company will...
Transaction heralds new age in exchange of ownership
AS the result of a partnership between fund manager TradeFlow Capital Management and the Baltic Exchange, a pilot escrow transaction as part of a commodity trade has been executed...
