Charter Link Logistics opens Australia office
HONG Kong-based LCL consolidation specialist Charter Link Logistics group has opened an Australia office in Melbourne. The company has plans to rapidly expand across Australia....
Geodis charters ships for Shanghai – Hamburg trade
GEODIS has recently announced that it has chartered several 1000-TEU multipurpose ships for a monthly service between Shanghai and Hamburg. The first sailing on the service will...
HyEng Corporation established for Japanese hydrogen research
THREE of Japans’s marine engine manufacturers – Kawasaki Heavy Industries, Yanmar Power Technology Co and Japan Engine Corporation – have announced the joint establishment of the...
Larger vessels, congestion present risk-management challenges
SHIPPING losses and casualties are in decline, but increases in port congestion, the consequences of the crew-change crisis, piracy and cyber security present challenges,...
Net capacity reduction on Transpac and Asia-Europe container routes
THE impact of vessel delays is by far the largest single element causing the severe capacity shortage on the Transpacific and Asia-Europe container routes, driving up freight...
Container shipping industry must brace for higher costs
RESEARCH firm Drewry reports that the container shipping sector is either already facing or about to face higher costs. This comes amidst booming stocks and rising profitability...
WA takes tough stance on COVID onboard ships
THE Western Australian government has updated the protocols for vessels arriving at its ports, effective immediately, with tougher requirements for crew testing and vaccination...
Maersk announces big Q2 profits, with continued increases on the cards
A.P. Møller – Maersk’s revenue for the second quarter of 2021 was a whopping US$14.2 billion. The company’s EBITDA (earnings before interest, taxes, depreciation, and...
The colours of the (hydrogen) rainbow
By maritime and logistics professional Mark Cooper Like many of us in the shipping industry you may have noticed increasing discussion around hydrogen and its potential to...
PSA Group launches inaugural sustainability report
PSA International has launched its inaugural sustainability report 2020 entitled Green Horizons: Enabling a Better World Through Sustainable Port and Supply Chain Solutions,...
New Women in Maritime association holds inaugural event
WOMEN in maritime took centre stage at the inauguration of the Women in Maritime of West and Central Africa (WIMOWCA), the newest IMO-supported regional association for women in...
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)...
