News
Hapag-Lloyd introduces green shipping service
HAPAG-Lloyd is introducing a new service called Ship Green, which it says is for climate-friendly transportation based on biofuel. The ocean carrier said the service is accessible...
Demand for oil to halve by 2050: DNV
ELECTRICITY’S share in transport will increase from 1% today to 23% in 2050, according to DNV’s latest Transport in Transition report. Despite oil demand in the transport sector...
World Container Index increases
THE LATEST Drewry World Container Index increased by 1% last week, but has dropped 77% compared with the same week last year. The latest Drewry WCI composite index of $1,763 per...
Ceva leases four ro-ro vessels
CEVA Logistics has signed a new 10-year lease with its parent company CMA CGM for four of Pacific Shipping’s LNG dual fuel ro-ro vessels. The ships are under construction by China...
Svitzer Australia appoints new GM – west
SVITZER Australia has appointed Tully Barnes as its new general manager – west. Mr Barnes will be responsible for the company’s harbour and terminal towage operations in Western...
A-UKFTA to enter into force on 31 May
PRIME Minister Anthony Albanese announced that the Australia-United Kingdom Free Trade Agreement is to come into force on 31 May, following the expected completion of UK domestic...
The Baltic Exchange weekly market report
The Baltic Dry Index saw a calm week last week, continuing a period of relative calm and extending its plateau out one more week. The index was 1558 on Friday (5 May), down ever...
63 alternative fuel vessels ordered this year
IN APRIL, 19 vessels with alternative fuel propulsion were ordered, according to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform. Of those vessels ordered,...
New director at logistics company
NEW ZEALAND transport and logistics group Move Logistics has appointed a new independent director. Julia Raue, who stepped into the role on 3 May, will also be a member of the...
Global air-cargo demand continues decline in March
GLOBAL demand for air-cargo services decreased 7.7% in March (down 8.1% for international operations), compared with the same month last year. The International Air Transport...
Port hosts government aboard NZ coastal containership
CENTREPORT Wellington this week hosted government and shipping industry representatives who came to visit a containership on a New Zealand coastal service. The port welcomed NZ...
Wärtsilä and DNV roll out platform partnership on fleet
WÄRTSILÄ is integrating its fleet optimisation tool with an industry cloud platform built by DNV. Under their partnership, the companies are rolling out the connection across the...
Video series to help educate about the CII
THE GLOBAL Industry Alliance to Support Low Carbon Shipping has developed a series of videos to help educate industry about the Carbon Intensity Indicator. The videos – free to...
Adelaide container volumes down in February
FULL container throughput at Port Adelaide in February saw a decrease compared with the same month last year, according to the latest available trade statistics from Flinders...
Port of Newcastle unveils designs for Clean Energy Precinct
PORT of Newcastle has released concept designs for stage one of the port’s Clean Energy Precinct. The port has earmarked 220 hectares of land to develop a production, storage and...
