Cargo hold deaths prompt safety review
FOLLOWING the deaths of three stevedores in a cargo on the bulk carrier Berge Mawson the UK’s Marine Accident Investigation Branch has called for a review into the Code of Safe...
Record year for Wallenuis Wilhelmsen
WALLENIUS Wilhelmsen’s 2024 financial performance surpassed its record 2023, the company revealed in releasing its annual report in Oslo on Friday. Adjusted EBITDA for 2024 was...
US investigates maritime choke points
IN THE latest iteration of Trump/Republican ideology impacting on the shipping world the Federal Maritime Commission has launched an investigation into whether US shipping is...
US’s China charges will hit SOPAC shippers
THE TRUMP administration’s proposal to charge up to US$1.5 million per port call for Chinese-built and/or owned vessels entering US ports will come at substantial cost to shippers...
Green Pioneer in London to push green fuels
FORTESCUE’S Green Pioneer has arrived in London as part of a push to fast-track international shipping’s transition to green fuels. The arrival of the world’s first dual-fueled...
US attacks heighten Red Sea tensions
TENSIONS in the Red Sea are on the rise again with the US launching airstrikes against Houthi military sites in Yemen as a Houthi spokesperson threatened to escalate attacks on...
Record revenue for DP World
DP WORLD has reported a record $20 billion revenue and record EBITDA of $5.5 billion for 2024. In a release announcing the new records, the UAE-based company said revenue had...
Record volumes fuel ZIM success
RECORD carried volumes helped global container line ZIM Integrated Shipping Services to its best-ever results in 2024. In its 2024 and fourth quarter financial report released on...
US crams imports ahead of tariff confusion
US IMPORTERS have been doing their best to anticipate the possible impact of Donald Trump’s on-again, off-again, on-again tariffs, pulling elevated levels of containers in through...
UK collision: containership aground, master charged
THE UK’s Marine Accident Investigation Branch of the Department of Transport is just one of several bodies now undertaking investigations into the Monday [UK time] collision...
Austal raises $200 million for US expansion
SHIP BUILDER, Austal has raised $200 million to expand its US ship building capability at its Mobile, Alabama shipyard. The capital will be used to fund the FA2 infrastructure...
Hanseatic joins in on container expansion
HANSEATIC Global Terminals have joined the list of container lines expanding vertical penetration of the supply chain by acquiring a majority stake in terminal operator CNMP LH in...
North Sea collision highlights safety issues
A MAJOR collision in the North Sea between a cargo ship and a fuel tanker has highlighted the dangers of crowded sea lanes. The stationary tanker was carrying jet fuel for the US...
Svitzer records first year solo profit
THE END of marine services group, Svitzer’s 45-year association with A.P. Møller - Mærsk A/S ownership was marked with its first annual report. The 2024 report recorded a year of...
HPH SALE: AUST IMPLICATIONS YET TO UNFOLD
AS NEWS OF CK Hutchison’s decision to offload the majority of Hutchison Port Holdings’ global network of ports and terminals to a Black Rock/GIP-MSC consortium continues to...
