Could LNG be next in Beijing’s line of fire?
APAC vice chair of research firm Wood Mackenzie, Gavin Thompson, says a recent announcement indicates Beijing’s increasing willingness to target trade in its dispute with...
Ports Australia signs Neptune Declaration
PORTS Australia has singed the Neptune Declaration. It has joined more than 800 organisations worldwide working to alleviate problems for seafarers caused by the COVID-19...
New project to assess potential of zero carbon fuels
INDUSTRY partners have joined forces to assess the technical, financial and environmental potential of converting existing vessels to zero carbon fuels and technology as part of...
New course for lifting equipment engineers
The Lifting Equipment Engineers Association (LEEA) has created a new course to educate end users about risks and responsibilities of lifting operations. The course is aimed at...
Maersk expands logistics infrastructure in SE Asia
A.P. Moller-Maersk is expanding its contract logistics and distribution capabilities in Vietnam with three new facilities coming into operation in Song Than and Bac Ninh. The...
Hapag-Lloyd reports a ripper first quarter
HAPAG-LLOYD reported its first-quarter profits for this year were about US$1.9 billion (EBITDA). The company’s revenues increased in the first quarter of 2021 by around 33%, to...
World’s largest civilian hospital ship passes sea trials
MERCY Ships announced that the Global Mercy has now completed deepwater sea trials, one of the final milestones in the countdown towards the hospital ship’s delivery, equipping,...
CMA CGM Air Cargo expanding to three more destinations
TWO months after launching its first air-freight services, CMA CGM Air Cargo has expanded to service three new destinations: Beirut, Dubai and Istanbul. These new destinations are...
Ocean Network Express expands its reefer fleet
OCEAN Network Express (ONE) continues to expand its current refrigerated container fleet by adding another 27,500 new units, including 850 units equipped with advanced controlled...
Liquefied hydrogen cargo containment system approved in principle
Classification society ClassNK has issued an approval in principle to Kawasaki Heavy Industries for the design of a liquified hydrogen cargo containment system. The system...
Port of Melbourne welcomes proposed funding for intermodal terminal
THE Port of Melbourne has welcomed the proposed $2-billion Commonwealth budget commitment for the creation of a new intermodal terminal to accommodate future Inland Rail services....
Australian towage company orders 3 new tugboats from Damen
ENGAGE Marine has ordered three new tugboats, ASD Tug 3212s, from Dutch shipbuilder Damen. The company will deploy the new tugs at the Port of Abbot Point. Last month, North...
Former Australia Post chief to lead Toll Global Express
CHRISTINE Holgate will lead the transformation strategy for Toll Global Express after Australasian turnaround private equity firm Allegro Funds completes its acquisition of the...
ICTSI reports profit, revenue increases for Q1
INTERNATIONAL Container Terminal Services reported a 16% increase in first-quarter revenues from port operations. ICTSI, which runs the Victoria International Container Terminal,...
Reefer freight rates soar but outgunned by dry box rates
REEFER container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer...
