Zim IPO pricing announced
SHIPPING line Zim announced the pricing of its initial public offering of 14.5 million ordinary shares at a price of US$15.00 each. The ordinary shares are expected to begin...
OPINION: Are container carriers price gouging?
Source: Sea Intelligence WITH container spot rates far exceeding all past records in most trades, container carriers and their pricing behaviour are coming under increased...
ICS issues new flag-state table
MANY of the largest flag states continue to perform to a high standard, according to the International Chamber of Shipping’s latest Flag State Performance Table. In addition to...
MSC CEO backs industry campaign for seafarers
SHIPPING line MSC has joined with peers across the maritime value chain to call for action to end the crew change crisis caused by COVID-19. Hundreds of thousands of seafarers are...
New international ops manager at Pacific Towing
CAPTAIN Marcelo Santini has joined Pacific Towing to assist the company in taking advantage of international project opportunities, further increase its salvage capabilities and...
UPDATE: Maersk Essen heads to Mexico
MAERSK Essen is heading to Lazaro Cardenas, Mexico, after losing some 750 containers overboard in heavy seas on 16 January. According to a statement from Maersk obtained by DCN,...
Neptune Declaration aims to end crew change crisis
A NEW global pledge, the Neptune Declaration on Seafarer Wellbeing and Crew Change, aims to end the ongoing crew-change crisis. Signatories include BP, Cargill, Rio Tinto and...
DNV GL approves wing sail propulsion system
REGISTRAR and classification society DNV GL has awarded an approval in principle to Korea Shipbuilding and Offshore Engineering for a wing-sail auxiliary propulsion system for...
CEVA joins consortium to help distribute COVID vaccine worldwide
CEVA LOGISTICS has signed a memorandum of understanding with Abu Dhabi Ports to work with the Hope Consortium, which is an umbrella organisation of the UAE-based public-private...
Inmarsat passes 10K vessel Fleet Xpress installations
MOBILE satellite communications provider, Inmarsat, has completed its 10,000th Fleet Xpress ship installation. The company has also launched a new Fleet Data Academy with existing...
New quality standard for the dry bulk sector announced
RIGHTSHIP and INTERCARGO have launched a new quality standard for the dry bulk sector, DryBMS. The standard will be governed by a new nongovernmental organisation to be...
Seafarer arbitration initiative takes step forward
THE Human Rights at Sea Arbitration initiative, a collaboration between UK-based NGO Human Rights at Sea and law firm Shearman & Sterling LLP, has entered a new phase of its work...
Meth importation plans up in smoke
A JOINT release between the Australian Federal Police, Australian Border Force, the Australian Criminal Intelligence Commission and Victoria Police has confirmed that the agencies...
Hydrogen deal signed with Tasmanian government
WOODSIDE Energy has signed a memorandum of understanding with the state of Tasmania that outlines the government’s support for the proposed H2TAS project, a renewable hydrogen...
Wilhelmsen Ship Management joins SSI
SHIPPING management services provider Wilhelmsen Ship Management has joined the Sustainable Shipping Initiative. It joins 14 other members that span the shipping value chain,...
