PIL joins WSC
PACIFIC International Lines has joined the World Shipping council as a new member. PIL was established in Singapore in 1967 and is today the 12th largest container shipping line...
Global trade hits record $7.7 trillion in Q1 2022
THE VALUE of global trade reached a record $7.7 trillion in the first quarter of 2022 but tightening policies and geopolitical frictions may bring the positive trend to an end,...
The week in bulk: Capesizes active, Panamaxes see losses
THE Baltic Dry Index continued the past few weeks’ slow and steady decline, settling at 2067 on Friday 8 July. This was a 7% decline on the previous Friday (1 July), and an 11%...
Praise for tug crews, others in Portland Bay operations
THE government agencies and seafarers involved in the operation to keep the bulk carrier Portland Bay from grounding south of Sydney have been acknowledged for their heroic...
Sailor rescued by AMSA and bulk carrier off Queensland coast
A LONE sailor has been rescued 167 kilometres off the coast of southeast Queensland with the help of the Australian Maritime Safety Authority and a nearby bulk carrier. Shortly...
AMSA detains Portland Bay
THE Australian Maritime Safety Authority has detained the bulk carrier Portland Bay, which is berthed in Port Botany. The detention follows AMSA’s legal direction to the vessel to...
Going paperless could generate US$1.2 trillion in Commonwealth trade, report finds
A RECENT analysis suggests widespread paperless trade could generate an additional US$1.2 trillion (around $1.8 trillion) in trade by Commonwealth nations in the next four years....
Wilhelmsen subsidiary orders two carbon-neutral containerships
WILHELMSEN’S zero-emissions shipping company Topeka has ordered two carbon neutral, methanol-fuelled 1300-TEU containerships, together with partners MPC Container Ships and MPC...
IMO at UN Ocean Conference
INTERNATIONAL Maritime Organization representatives at the United Nations Ocean Conference in Lisbon, Portugal (27 June to 1 July 2022) highlighted the organisation’s ongoing...
1-Stop and ContainerCo complete NZ-wide rollout
1-STOP Connections and Kiwi independent container storage and servicing business ContainerCo this week completed their New Zealand-wide rollout. Tauranga Container Park is the...
PIL orders four 8000-TEU dual-fuel containerships
PACIFIC International Lines has awarded a contract today to Yangzijiang Shipbuilding for the construction of four 8000 TEU LNG dual-fuel containerships. PIL said the vessels would...
Maersk acquires safety training specialist company
MAERSK has completed the acquisition of safety training specialist ResQ for its subsidiary Maersk Training. According to a statement from Maersk, ResQ has five survival centres in...
Proman Stena Bulk takes delivery of second methanol-fuelled tanker
PROMAN Stena Bulk, a joint venture between methanol producer Proman and tanker shipping company Stena Bulk, has this week taken delivery of its second methanol-powered newbuild...
Global shipping industry and customs authorities join forces to tackle illicit drug trade
REPRESENTATIVES from shipping companies and customs authorities around the world met in Brussels recently to strategise ways to step up the fight against drug trafficking. A...
Deaths of 13 dockers and seafarers in Aqaba port should have been prevented, ITF says
THE TOXIC gas leak which killed 13 port workers and seafarers in Port of Aqaba, Jordan last week “should never have happened in the first place”, according to the International...
