News
Yara to operate world’s first emission-free container ship
THE world's first electric and self-propelled container ship, Yara Birkeland, has made its maiden voyage in the Oslo fjord in Norway. Svein Tore Holsether, CEO of Yara said, “We...
Drugs smuggled in air-cargo dough mixer
THREE men have been charged by the Victorian Joint Organised Crime Taskforce (JOCTF) for an alleged attempt to import 140 kilograms of methamphetamine into Australia concealed in...
Swire takes out long-term charter of six heavy-lift vessels
THE project division of Swire Shipping and Nordic Project & Finance have signed a charter agreement for the multipurpose heavy-lift vessels, to be delivered in December 2021....
Stolt Tankers reduces annual carbon emissions by 6%
THE tanker shipping company has reduced its fuel consumption by 6% compared to 2020. The related reduction in carbon dioxide emissions is equivalent to removing 18,000 cars from...
CMA CGM reports huge revenue growth last quarter
CMA CGM Group reported an 89.4% increase in consolidated revenue for the third quarter of this year, compared with Q3 2020. The French ocean freight and logistics colossus earned...
QLD men charged after nearly 540kg of cocaine was smuggled in reefer
IN a joint release, law enforcement agencies have reported that two Queensland men are scheduled to face the Brisbane Magistrates Court on 19 November, charged with possessing...
OSK Line converts microplastics into energy
MITSUI OSK Lines and its project partner have successfully produced carbon products, a potential source of energy comparable to wood pellets, from microplastics and microalgae...
Young International Freight Forwarder of the Year announced
THE Young International Freight Forwarder of the Year was revealed yesterday during an online event. FIATA and TT Club announced that Justin Goedhart, the regional winner of...
Zim reports record financial results for Q3
IN its third quarter 2021 results, Israeli shipping line Zim reported its highest-ever quarterly net income at US$1.46 billion. The results prompted the company to adjust its 2021...
Swire Shipping steps onboard as sponsor for Fijian Drua
SWIRE Shipping announced that it has signed a two-year sponsorship deal which will see the company become the branding and naming rights sponsor to the Fijian Drua, Super Rugby...
Singapore continues with its seafarer vaccination program
UNDER a tripartite alliance led by the Singapore Shipping Association (SSA), at least 12,000 doses of COVID-19 vaccine will be made available to sea crew onboard oceangoing...
DCSA publishes framework of just-in-time standards
THE Digital Container Shipping Association (DCSA), in conjunction with its nine member carriers, has published interface standards and messaging API (application programming...
Congestion is not just for Christmas: GSF
THE wave of congestion that is sweeping through global supply chains delaying deliveries of seasonal goods and essential commodities, is not set to subside anytime soon. The...
Hapag-Lloyd reports “extraordinary” financial results
GERMAN shipping line Hapag-Lloyd reported huge profits for the first nine months of this year. For the period from 1 January to 30 September, the company made a profit of US$6.7...
SEA-LNG supports global methane pledge
SEA-LNG, a coalition of businesses across the maritime LNG value chain, has voiced its support for the Global Methane Pledge. SEA-LNG welcomes the increased backing for the pledge...
