Maersk joins US-led First Movers Coalition
THE First Movers Coalition aims to create a market for new decarbonisation technologies and spur growth by leveraging collective demand and committing now to buying zero-emission...
MUA crews on Svitzer tugs to down tools
THE Maritime Union of Australia has given notice of work stoppages for Svitzer crews at ports around the country. MUA members are to stop work for four hours at various time at...
WSC supports inclusion of shipping in intra-EU trading scheme
THE World Shipping Council says inclusion of shipping in the European Union’s Emissions Trading Scheme will encourage shipping’s journey towards decarbonisation, but EU action...
Brisbane container throughput up in September
PORT of Brisbane saw an increase in containerised cargo throughput in September, according to the latest trade statistics from the port. A total of 129,452 TEU crossed the wharves...
AAL joins SAL
SHIPPING Australia has announced it has a new member, with breakbulk and project cargo carrier AAL Shipping joining the organisation. AAL operates regular sailings on key trade...
Big investment needed to reach zero-carbon emissions
A MASSIVE scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says a report by International Chamber of Shipping and global...
CMA CGM to buy a terminal at a US port
THE CMA CGM Group has signed an agreement to acquire a 90% stake in the Fenix Marine Services terminal in Los Angeles, currently held by EQT Infrastructure III, based on an...
Air cargo up in September but capacity remains constrained
THE International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and...
Maersk reports record earnings in Q3
A.P. Moller - Maersk has reported record earnings in the third quarter of 2021, with revenue up 68% to US$16.6 billion for the quarter. The company’s EBIT was up almost five times...
Australia ratifies the RCEP
AUSTRALIA has ratified the Regional Comprehensive Economic Partnership Agreement, which ensures that exporters can access the benefits of what will be the world’s largest...
Maersk makes moves into air freight
AP Moller - Maersk is to acquire Hamburg-based Senator International Freight Forwarding Group and add additional air-freight capacity. The German freight forwarder has a network...
Declaration backs tougher emissions reduction goal for shipping
DENMARK, the United States and 12 other nations have put forward a declaration to reduce emissions in the global maritime sector to zero by 2050. The International Maritime...
MOL announces joint study using Rotor Sails
MITSUI OSK Lines has announced an agreement with iron ore mining company Vale International SA to conduct a joint study on installation of a wind propulsion system known as Rotor...
Inland Rail upgrades completed in time for ag export season
BULK grain exporters in north-west New South Wales will be able to ship their harvest this year through Port Botany and Port of Newcastle with a key section of the enhanced Inland...
New LNG bunker vessel named
THE first LNG bunker vessel to be based in France was officially named Gas Vitality at a ceremony held recently at Hudong-Zhonghua Shipbuilding in China. The 18,600 cubic-metre...
