Record performance for GEODIS in the first half of 2021
IN the first half of 2021, logistics group GEODIS has achieved revenues of €4.865 billion, up 21% compared to 2020, resulting from sustained activity recorded in all the group's...
ONE first-quarter profit increases 1432% on 1Q2020
OCEAN Network Express’ first-quarter results for the 2021 financial year showed a tremendous increase in profits for the container line. The company reported US$2.559 billion in...
Hapag-Lloyd expects half-year EBIT nearly six times higher than last year
BASED on preliminary figures, shipping line Hapag-Lloyd expects for the first half of 2021 an EBITDA of around US$4.2 billion (€3.5 billion) compared to around US$1.3 billion...
Trident Taskforce seizes drugs and chemicals in joint operation
AS part of a joint drug trafficking investigation, detectives from the Trident Taskforce have arrested two people and seized significant quantities of Gamma Butyrolactone (GBL)...
Trade recovery at risk without equitable vaccine roll-out: WTO
WTO economies from mid-October 2020 to mid-May 2021 exercised trade policy restraint and refrained from an acceleration of protectionism that would have further harmed a world...
Report warns of looming officer shortage
THE recently released Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment...
DSV Panalpina reports big half-year profit growth
DANISH transport and logistics behemoth DSV Panalpina reported an 18% growth in gross profit in its interim financial report for the first half of the 2021 calendar year. The...
MOL jointly develops new energy-saving sail
MITSUI OSK Lines has announced that its has reached an agreement with numerous partners on joint research and development of the Iknow Delta Sail Crane, a sail that can be mounted...
Belgium employs roving vaccination teams for seafarers
FOLLOWING successful COVID-19 vaccinations of Belgian seafarers that started on 2 June, Belgium is moving to another level with a proposal by the Deputy Prime Minister Vincent van...
Yang Ming gets new 11,000-TEU ship
YANG Ming took delivery of a new 11,000-TEU containership, YM Travel on Tuesday. Imbari Shipbuilding built the vessel, and it is chartered from Shoei Kisen Kaisha. YM Travel is...
Australian wine pivots from China
THE latest research from the Australian Bureau of Agricultural and Resource Economics has found that anti-dumping duties have seriously disrupted Australia’s wine trade. The...
Toowoomba export hub at Wellcamp Airport takes off
QUEENSLAND’s primary producers will be benefit from the opening of a $17.8m Regional Trade Distribution Centre at Toowoomba’s Wellcamp airport. Deputy Premier and Minister Steven...
Inmarsat report questions fairness for seafarers
TECHNOLOGY company Inmarsat has produced a report that attempts to reconcile the changing role of the world’s 1.6 million seafarers with the current and future provision of...
Study commissioned to look at ammonia as a marine fuel
COMMODITY trading company Trafigura has signed a memorandum of understanding with green fuels startup Hy2gen to produce a study that will look at the infrastructure and production...
CMA CGM extends reef program to Coral Triangle
SHIPPING company CMA CGM Group has partnered Endangered Species International, a non-profit organisation, to protect and restore about 6,000 square kilometres of ocean in the...
