Drewry’s world container index update
MARITIME research consultancy Drewry’s composite World Container index increased marginally by 2% or $192 to reach $9,613.28 per 40ft container on 19 August. That’s 360% higher...
UECC’s second LNG battery hybrid PCTC
UNITED European Car Carriers (UECC), a Norwegian roll-on/roll-off shipping line, remains on track to upgrade its fleet with low-carbon vessels, with the launch of the second in a...
Blockchain trial shows promising results for reducing transaction costs
THE Australian Border Force, IMDA Singapore and Singapore Customs, confirmed in statement that a trial has concluded using blockchain to issue and verify trade documents digitally...
New learning tool to help seafarers cope with piracy attacks
OCEAN Technologies Group has developed tools to equip seafarers with the necessary skills to manage merchant ships transiting through high risk piracy areas. Piracy attacks on...
Automated container storage and retrieval system tests show promise
DP World has completed testing of the Boxbay high bay storage system at Jebel Ali Port in Dubai. The global terminal operator said the trial proved the technology works in the...
Change in piracy threats in Indian Ocean prompts re-think
A CONTINUED downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the High Risk Area (HRA) for piracy in the Indian...
Fifth man charged after seizure of drugs
ON 13 August, the Australian Federal Police High Volume Drug Crime Team, together with Victoria Police Joint Taskforce Icarus members arrested and charged a 32-year-old Melbourne...
IMO agrees on interpretation of limitation of liability
AT its meeting held in July, the Legal Committee (LEG) of the International Maritime Organization (IMO) agreed on a unified interpretation of the test for breaking a shipowner’s...
DSV Panalpina finalises acquisition of Agility’s Global Integrated Logistics
GLOBAL freight company DSV Panalpina is expected to finalise the purchase of Agility’s Global Integrated Logistics business for DKK 30.2-billion ($6.53 billion). DSV said the...
DCN top stories for the week of 9-13 August
AT the top of the list of most-read stories covered by DCN this past week was our exclusive about Auriga Group and Brisbane Marine Pilots joining forces. The news comes as...
Incidents of piracy and robbery against ships in Asia down in first half
ACCORDING to the ReCAAP Information Sharing Centre, there were five incidents of armed robbery against ships reported in Asia in July 2021. No piracy incident was reported. This...
Containers continue meteoric rise
RESEARCH firm Drewry’s composite World Container index increased marginally by 0.5% or $50 to reach $9,421.48 per 40-foot container this week. That’s 358% higher than the same...
‘Inhumane’ port restrictions highlight flaws in implementation of maritime law
A RECENT study on the protection of human rights in the maritime environment has highlighted the harmful impacts of turning ships away from ports and preventing crews from...
Hapag-Lloyd achieves good result in first half of 2021
SHIPPING LINE Hapag-Lloyd has published its financial and performance results for the first half year of 2021, confirming what it had forecast last week. That is, EBITDA of US$4.2...
Wärtsilä to supply engines for new Spirits of Tasmania
FINNISH manufacturer Wärtsilä is to supply the engines and fuel gas supply systems for TT-Line’s new Spirit of Tasmania vessels. Rauma Marine Constructions is building the two...
