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...
IMO Council sets International Day for Women in Maritime
THE IMO Council, which met from 8-12 November, decided to establish an International Day for Women in Maritime, to be observed on 18 May every year. Once adopted by the IMO...
Maersk inks deal with wind power specialist Vestas
VESTAS and Maersk have formed what the two Danish companies call a “long-term strategic partnership for all containerised transport”. The partnership includes door-to-door...
More agreements at COP26 focused on shipping
THE International Chamber of Shipping and International Maritime Organization have met with the Green Climate Fund to discuss the provision of up to $1.5 million to accelerate a...
Australia signs declaration to boost green shipping
AUSTRALIA has joined 21 other countries in signing the Clydebank Declaration tabled at the United Nations COP26 meeting in Glasgow. The declaration commits to the establishment of...
