News
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...
Shipping industry creates emergency relief fund for seafarers
SEVERAL seafarer welfare charities and shipping industry players have launched an emergency relief fund for seafarers and their families devastated by the rampant COVID-19...
Consortium formed to develop hydrogen-powered marine engines
THREE Japanese engine manufacturers have formed a consortium to develop hydrogen-fuelled marine engines for ocean-going and coastal vessels. They aim to bring these engines to...
UN tool aims to help stranded seafarers
AIMED at addressing the needs of stranded seafarers, struggling with the impact of the pandemic, a new human rights due diligence checklist is being provided to companies relying...
Important judgement passed in UK court
THE High Court in the United Kingdom has issued an important judgment clarifying that ordinarily an owner is not liable to pay damages to a charterer if it collects freight due...
IMO meeting to focus on containers lost at sea
THE upcoming meeting of the International Maritime Organization’s Maritime Safety Committee (5-14 May 2021) will focus on containers lost at sea. Over the course of three months...
Global logistics company launches air cargo division
LOGISTICS company Samskip has launched a dedicated air cargo business, adding to its services portfolio, which already includes rail, road, shortsea and inland waterway links...
Government investment welcomed in Central Queensland
AS part of the Australian government’s $100m Regional Recovery Partnerships program, to be delivered over two years, it has announced funding of $10m for the Gladstone region. The...
