News
Successful trial of electric power in UK aircraft carrier
THE second of the United Kingdom’s Queen Elizabeth Class aircraft carriers, HMS Prince of Wales, recently completed a successful sea trial in Scottish waters powered by GE’s...
Marine fuels group facing charges over Syria trades
MARINE fuels group Bunker Holding and its CEO have been charged in relation to an investigation into alleged jet fuel trading in Syria that may have breached European Union...
SeaCube bolsters fleet with Transicold reefers
HELPING to keep pace with shipping lines’ growing demand for leased refrigerated containers, container leasing company SeaCube recently expanded its inventory with 5,000 new...
Brazilian logistics company to go electric
KALMAR, part of Cargotec, is to supply a total of six fully electric forklift trucks to Brazilian logistics operator Sagres. The contract includes an option for the purchase of...
SEKO Logistics acquires US-based Air-City
SEKO Logistics has acquired freight forwarder and cross-border ecommerce expert, Air-City Inc, based in New York. The investment represents the latest phase of SEKO’s program to...
WiseTech acquires Swiss logistics solutions provider
GLOBAL logistics solutions business, WiseTech Global, has announced the acquisition of SISA Studio Informatica SA, a customs and freight forwarding solutions provider in...
Missile strikes as Iran and US edge closer to the brink
MISSILES have struck US military bases in Iraq in apparent Iranian retaliation to the American assassination of General Qassem Soleimani. Casualty numbers remained unclear at the...
DHL Express Japan names Tony Khan as president
DHL Express has named Tony Khan as president and representative director, DHL Express Japan effective January 1, 2020. Mr Khan becomes a member of the management board of DHL...
Gloomy outlook for Hong Kong exports
HONG Kong export values are tipped to shrink 2% in 2020, according to the latest forecast by the Hong Kong Trade Development Council. Meanwhile, the HKTDC Export Index for the...
Australia becomes the world’s largest LNG exporter
AUSTRALIA has officially become the world’s largest exporter of liquefied natural gas on an annualised basis, consultancy EnergyQuest has reported. In sending overseas, an...
Illicit Tobacco Taskforce arrests alleged major tobacco trafficker
THE Illicit Tobacco Taskforce arrested a man as he returned to Australia late last year as part of an investigation into an illicit tobacco syndicate. The man arrived into...
INSIGHT: How a Dutch firm is looking to transform port operations
AT UP to 80 metres tall and 400 metres long, a cargo ship is a majestic piece of engineering, designed to circumnavigate the globe in a swift, multi-week voyage; and for a...
Shipping sector announces $5bn zero-carbon fund
CORE funding from shipping companies across the world of about US$5bn, to be spent over a 10-year period, will go towards efforts to decarbonise the industry. Specifically, the...
$5bn research fund to eliminate CO2 emissions from shipping
THE international shipping community has this week announced plans to create the first “collaborative shipping” research and development, aimed at eliminating CO2 emissions from...
MDMA hidden in barbecues seized by authorities
A 30-year-old man from Coomera (Queensland) and a 33-year-old Canadian national have been arrested and charged over their involvement in a criminal enterprise to import 645kg of...
