Agreement will lead to greater rotor sail integration on ships
KONGSBERG Maritime and wind propulsion system supplier Norsepower have signed an agreement to facilitate the integration of wind power to new and existing vessels in diverse...
Cruise industry preparing to kick off in 2022
AHEAD of an expected 2022 cruise re-start, the Australian Cruise Association (ACA), in conjunction with CLIA Australasia and supported by Tourism Australia, is holding a series of...
“Barometer” on exports shows industry confidence
THE results of the annual DHL Export Barometer signal a strong recovery in Australian exports. This year, 69% of Australian businesses surveyed believe that their export revenue...
No correlation between reliability and freight rates: analysis
OCEAN freight analyst Sea-Intelligence analysed the relationship between container lines’ schedule reliability and freight rates and found no connection. Sea-Intelligence CEO Alan...
$5 billion R&D fund proposal on the table at IMO meeting
ONE week after the Glasgow climate conference, 174 governments will meet at the International Maritime Organization (IMO) in London to address the pressing carbon emission...
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...
