Boxship loses cargo in North Atlantic
CONTAINERSHIP COSCO Nagoya on 23 November experienced an incident that resulted in containers overboard and collapsed containers on deck, according to reports. The 4506-TEU,...
Knee-jerk reactions to Omicron variants put supply chains at risk, international transport organisations say
“KNEE-jerk reactions” to the Omicron variant of the coronavirus are putting transport workers and the global supply chain “at greater risk of collapse”, international transport...
Yang Ming takes delivery of YM Together
YANG Ming this week took delivery of the new 11,000-TEUI YM Together. The vessel is chartered from Shoei Kisen Kaisha and it was built by Imbari Shipbuilding Company. The ship...
Group to develop first methanol-hydrogen fuel cell towboat
ABB Marine & Ports has signed an agreement with Maritime Partners, Elliott Bay Design Group and e1 Marine to develop a hydrogen-powered inland towboat for operation in the United...
The week in bulk: Capesze, Panamax markets on the rise
THE Baltic Dry Index showed a slight increase over the past week, in a turnaround after a trend downward from a peak in October. On Friday (3 December) the index was 3171, up 14%...
Capacity restoration is key: GSF review
GLOBAL trade continued to grow throughout the third quarter in 2021. However, container shipping capacity was maxed out and shippers turned to a mix of air freight, rail services...
Container freight rate index still high despite decrease over past month
OVER the past month, the Freightos Baltic Global Index fell 14% month over month to US$9364/FEU, though still 284% higher than a year ago and more than six times the pre-pandemic...
New joint venture to develop Oceanbird wind propulsion
ON 22 November, Alfa Laval and Wallenius finalised a 50/50 joint venture that aims to take Oceanbird wind power solutions from a cutting-edge marine concept to commercial reality....
ICS urges WTO to prioritise maritime transport in multilateral trade negotiations
THE International Chamber of Shipping has called for maritime transport to be prioritised in multilateral trade negotiations ahead of World Trade Organization meetings to take...
CMA CGM and Shell carry out first bio-LNG bunkering operation
CMA CGM Group and Shell have performed what they said was the first bio-LNG bunkering trial in Rotterdam. Shell bunkered =Containerships Aurora, a 1400-TEU LNG-powered vessel,...
X-Press Feeders orders eight 1170-TEU dual-fuel ships
X-PRESS Feeders Group has ordered eight 1170-TEU containerships. They will be equipped with dual-fuel engines, able to run on both conventional fuel and methanol. The first...
PSA inks agreement to acquire logistics company
THE Singapore-based port group PSA International has signed an agreement to acquire 100% of the shares of privately-held BDP International, a provider of global integrated supply...
WA and Port of Rotterdam collaborate on hydrogen supply chain
THE Western Australian government has signed a memorandum of understanding with Europe’s largest port, Port of Rotterdam, to co-operate on renewable hydrogen supply chains. The...
New CEO signs on to international shipping line
THE Wallenius Wilhelmsen board has named Lasse Kristoffersen as the company’s new CEO. Mr Kristoffersen will start in the new role no later than 1 June 2022. The previous...
First dual-fuel LNG battery hybrid PCTC delivered
UECC has taken delivery of what it says is the world’s first dual-fuel LNG battery hybrid pure car and truck carrier. The vessel, to be named Auto Advance, is the first in a...
