Drewry’s World Container Index update
MARITIME research consultancy Drewry’s composite World Container index increased 1.7% or $170 in the past week and remains 344% higher than a year ago. This is the 20th...
A "rapidly disintegrating shipping market"?
THERE is no doubt that the international container shipping market is a mess. It is axiomatic that the ships are at capacity, there aren’t enough containers in the right places...
Capacity crunch elevates air cargo rates in August
RESILIENT international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates up 112% to their pre-COVID level as a local...
HRAS urges greater transparency around seafarer abuse
THE UK-based charitable NGO Human Rights at Sea (HRAS) has called upon the International Maritime Organization to increase its level of transparency and factual detail in the...
COVID-19 vaccinations for eligible crew in Singapore
THE Maritime & Port Authority of Singapore’s plan is to strengthen the resilience of the community against COVID-19 and activities in its port waters against the pandemic. To aid...
Geodis leases aeroplane
INTERNATIONAL logistics company Geodis has leased its own A330-300 freighter aircraft. Geodis CEO Marie-Christine Lombard said, “With the continued strain on airfreight capacity,...
Australia logistics firm achieves financial milestone
ASX-listed logistics and freight company Wiseway Group announced its financial results for the twelve months ending 30 June 2021, recording net profit after tax of $1.8 million....
Electric vehicle sales to reach over six million in 2021
COMMERCIAL intelligence firm Wood Mackenzie predicts that sales of electric vehicles will reach more than six million this year. EV sales in the first half of 2021 nearly tripled...
Hapag-Lloyd orders another 75,000 TEU standard containers
TO further ease the scarcity of empty containers, shipping line Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and delivered to...
Drewry World Container Index continues meteoric rise
DREWRY’S composite World Container Index increased 2.1%, or US$204 to US$9817.72 per 40-foot container. The average composite index of the WCI, assessed by Drewry for...
CTU Code quick guide now available in six languages
THE Cargo Integrity Group has published its Quick Guide and accompanying Container Packing Checklist, to the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units,...
Highest number of containers ever handled at Fremantle Port
IN spite of the COVID-19 pandemic affecting supply chains around the world, the Port of Fremantle has reported the highest-ever number of containers handled in the last financial...
The new Friend of the Sea whale-safe ecolabel
CONSERVATION group Friend of the Sea is leading a campaign that invites shipping companies to intensify their involvement in the efforts to date on protecting the world’s whales...
PON to feature in GreenPort Live webinar
THE Port of Newcastle will showcase its sustainability achievements to the world next week when it brings the GreenPort Live Webinar Series to Australasia for the first time....
Shipping line invests in carbon-neutral methanol ships
IN the first quarter of 2024, shipping line Maersk will introduce the first in a groundbreaking series of eight large ocean-going container vessels capable of being operated on...
