News
Svitzer to introduce new tug design
GLOBAL towage operator Svitzer has announced an agreement to build what it calls a “next-generation multipurpose tug”. Svitzer is developing the TRAnsverse tug along with naval...
New technology risks must be tackled, warns DNV
FOLLOWING the release of a new analysis, Maritime Safety 2012-2021: a decade of progress, co-author DNV said while shipping has seen a significant improvement in safety over the...
DSV announces suite of emissions-reducing services
GLOBAL logistics company DSV has announced a new suite of services it calls “Green Logistics”, which focuses on reducing carbon dioxide emissions. The services include carbon...
Ten new female officers of the watch in PNG
TEN young women from Papua New Guinea have graduated as officers of the watch, as part of Pacific Towing’s Women in Maritime program. The women, who were all cadets at PacTow,...
OMC International opens Canadian office
AS a founding partner of the The PIER at the Seaport, OMC will take up residence at The PIER located in the historic Halifax Seaport District in Canada. The PIER - Port...
Photo exhibition launched to highlight seafarers’ contribution
A PHOTO exhibition has launched at the International Maritime Organization headquarters in London this week. The images showcase the experiences of seafarers during the COVID...
Full-scale hydrogen-based marine propulsion system tested and verified
NORWEGIAN engineering firm Kongsberg Maritime has announced it tested and verified a full-scale, full-size, zero-emissions marine drivetrain powered by hydrogen fuel cells....
Air cargo demand up 9.4% on pre-pandemic levels in October
DATA released by the International Air Transport Association shows that air cargo market demand continues well above pre-pandemic levels and that capacity constraints have eased...
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...
