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...
Seafarers unfairly criminalised over North Sea collision, union says
THE arrest of a master and chief officer following a collision off the Dutch coast has demonstrated a trend in premature seafarer accusations, according to Nautilus International....
COVID restricts South East Asia drydocking capacity
HIGH freight rates and ongoing workforce limitations due to travel restrictions and COVID-19 measures are expected to result in South East Asia’s ship repair capacity falling by...
New dedicated harbour tug for PNG’s Pacific Towing
PACIFIC TOWING has expanded its fleet with the purchase of a dedicated harbour tug Koranga from Singapore. Koranga is scheduled to arrive in Lae in March where she will be...
Man charged over meth found in container at Port of Brisbane
A 32-YEAR-OLD Brisbane man was scheduled to face Brisbane Magistrates Court on 4 February after the Queensland Joint Organised Task Force (QJOCTF) charged him with importing 83kg...
The week in bulk: Capesize market in doldrums
THE Baltic Dry Index last week remained steady after several weeks of declines. The index on Friday (4 February) was 1423, up very slightly on the previous Friday’s 1381. Steady...
World-first liquefied CO2 test ship to be built
A BAEBOAT charter contract has been signed by the Engineering Advancement Association of Japan (ENAA) and Sanyu Kisen Co, for the world’s first liquefied carbon dioxide (LCO2)...
NZ meat exporters charter reefer vessel
A GROUP of meat producers in New Zealand has bypassed the problems in accessing vessel slots and reefer containers by chartering refrigerated cargo vessel, Cool Expreso. The...
