Shipping lines support Tonga in aftermath of eruption
SHIPPING companies servicing the Pacific Islands are preparing to support relief efforts in Tonga in the aftermath of an underwater volcanic eruption. Reports of damage are still...
Global Energy Ventures appoints new chief technical officer
GLOBAL Energy Ventures has appointed experienced maritime professional Per Roed as chief technical officer. GEV said Mr Roed will drive innovation, design, construction and...
Rise in cargo theft driven by conditions at congested US ports
DATA from freight insurance specialist TT Club and the supply chain services and solutions team at BSI, shows that storage facilities in the United States were targeted in 45% of...
RSV Nuyina to share environmental findings with public
ON its first voyage to Antarctica, Australian icebreaker RSV Nuyina has been collecting environmental data to share with the public. The research and supply vessel departed Hobart...
Maersk Tankers to launch decarbonisation hub
MAERSK Tankers has announced it will create a new decarbonisation hub, which will gather intelligence and create solutions to help shipowners and cargo customers cut emissions....
Shipping and renewable energy bodies join forces on fuels
THE International Chamber of Shipping (ICS), representing more than 80% of world’s merchant fleet, has signed a partnership agreement with the International Renewable Energy...
Report says shipping carbon price loopholes let emissions off the hook
A NEW study from not-for-profit group Transport & Environment, shows that more than 25 million tonnes of CO2 – equivalent to the total CO2 emissions of Denmark – are exempt from...
Port operator handles record container numbers in 2021
WITH a definitive increase on the previous year, Singapore’s port operator PSA has recorded container throughput of 91.5 million TEU at its 50 locations globally from...
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...
