Container freight rate index still high despite decrease over past month
OVER the past month, the Freightos Baltic Global Index fell 14% month over month to US$9364/FEU, though still 284% higher than a year ago and more than six times the pre-pandemic...
Captain Murday steps down from marine surveyors board
THE Australasian Institute of Marine Surveyors has ushered in a new board of directors as Captain Peter Murday steps down after 10 years of service. During his tenure Captain...
New joint venture to develop Oceanbird wind propulsion
ON 22 November, Alfa Laval and Wallenius finalised a 50/50 joint venture that aims to take Oceanbird wind power solutions from a cutting-edge marine concept to commercial reality....
ICS urges WTO to prioritise maritime transport in multilateral trade negotiations
THE International Chamber of Shipping has called for maritime transport to be prioritised in multilateral trade negotiations ahead of World Trade Organization meetings to take...
Ports North releases sustainability strategy
PORTS North has released its first sustainability strategy, which it said outlines a clear path for the organisation to support environmental stewardship and community partnership...
CMA CGM and Shell carry out first bio-LNG bunkering operation
CMA CGM Group and Shell have performed what they said was the first bio-LNG bunkering trial in Rotterdam. Shell bunkered =Containerships Aurora, a 1400-TEU LNG-powered vessel,...
X-Press Feeders orders eight 1170-TEU dual-fuel ships
X-PRESS Feeders Group has ordered eight 1170-TEU containerships. They will be equipped with dual-fuel engines, able to run on both conventional fuel and methanol. The first...
PSA inks agreement to acquire logistics company
THE Singapore-based port group PSA International has signed an agreement to acquire 100% of the shares of privately-held BDP International, a provider of global integrated supply...
WA and Port of Rotterdam collaborate on hydrogen supply chain
THE Western Australian government has signed a memorandum of understanding with Europe’s largest port, Port of Rotterdam, to co-operate on renewable hydrogen supply chains. The...
Höegh LNG and AIE sign deal for Port Kembla gas project
AUSTRALIAN Industrial Energy signed a long-term charterparty agreement with energy infrastructure and transport provider Höegh LNG to supply the first floating storage and...
New CEO signs on to international shipping line
THE Wallenius Wilhelmsen board has named Lasse Kristoffersen as the company’s new CEO. Mr Kristoffersen will start in the new role no later than 1 June 2022. The previous...
VTA says COVID compliance crippling road freight operators
THE VICTORIAN Transport Association said onerous compliance measures and vaccine mandates for freight workers are wreaking havoc on road transport operators, based on the results...
First dual-fuel LNG battery hybrid PCTC delivered
UECC has taken delivery of what it says is the world’s first dual-fuel LNG battery hybrid pure car and truck carrier. The vessel, to be named Auto Advance, is the first in a...
GeelongPort invests $100 million in hydrogen hub
GEELONGPORT has announced plans to expand its current operations with a $100 million investment to build the Geelong Hydrogen Hub, a production and distribution facility for green...
First standard for vessel remote control centre operators
CLASSIFICATION society DNV has introduced the shipping industry’s first competence standard for vessel remote control centre operators (RCCO). The standard is supported by a new...
