Another Maersk ship loses containers overboard in Pacific
MAERSK Eindhoven lost up to “several hundred” containers overboard in heavy weather on 17 February while en route from Xiamen to Lost Angeles, according to a statement from MSC....
MOL to merge its marine and engineering subsidiaries
MITSUI O.S.K. Lines said it would merge MOL Marine and MOL Engineering, both wholly owned subsidiaries. The merger is to come into effect on 1 April. MOL Marine’s core expertise...
Maersk to operate world’s first carbon neutral liner vessel by 2023
MAERSK has announced it will speed up its decarbonisation activities with the advent of a new methanol-fulled feeder vessel in operation by 2023. The vessel will pilot a scalable...
Rebound in global trade forecast for 2021
THE real value of global trade is set to surge by 7.6% year on year in 2021 and 5.2% year on year in 2022 according to IHS Markit’s Global Trade Atlas Forecasting. This follows an...
China and Japan take lion's share of LNG: report
AUSTRALIAN shipments of liquefied natural gas in January 2021 were higher compared with December 2020, primarily due to increased production at the Pluto project and the restart...
Man charged for air-cargo coke smuggling
A MAN has been charged as part of ongoing joint investigations into the alleged importation of cocaine concealed in an air cargo consignment. Earlier this month, Australian Border...
MSC salutes Anastasia seafarers’ return
THE Anastasia is one of dozens of ships that became stuck off the coast of China last year amid a trade dispute. The vessel was eventually able to perform a crew change in Japan...
Approval in principle for wind-assisted propulsion system
CLASSIFICATION society DNV GL has awarded AYRO an Approval in Principle for its Oceanwings 3.6.3 wind assisted propulsion system for ships. The Oceanwings 3.6.3 system is designed...
Tassie looking to drum up domestic and international trade
TASMANIA has released a plan to boost trade with the mainland and abroad. The Tasmanian Trade Strategy Annual Action Plan 2021 aims to expand opportunities in existing markets and...
Wind-powered trans-Atlantic containership coming in 2023
MICHELIN Group recently signed a transportation commitment with French startup Neoline to transport containers full of tyres on sailing ships across the Atlantic. Neoline’s...
New partnership to develop methanol fuelled tankers
CLASSIFICATION society RINA and the Shanghai Merchant Ship Design & Research Institute have signed a joint development project agreement to develop a ground-breaking ship design...
CMA CGM creates air cargo division
THE CMA CGM Group is stepping up its strategic development in logistics by creating a specialised air freight division: CMA CGM AIR CARGO. To support its expansion into air...
NYK to build four LNG-fuelled ships
NYK and China Merchants Jinling Shipyard have signed a contract for four LNG-fueled pure car, truck carriers. These four vessels will be delivered from 2022 to 2023 and are...
Townsville car imports motoring on
THE Port of Townsville has recorded its highest motor vehicle import figures in the last quarter - almost 6000 vehicles arrived through the port between October and December 2020....
DSV Panalpina posts positive 2020 results
DSV CEO Jens Bjørn Andersen said 2020 was a strong year for DSV Panalpina despite the pandemic and unpredictability throughout the year. “Thanks to an extraordinary effort by our...
