Shipping industry talks net-zero strategy at COP28
SHIPPING industry representatives at COP28 set a course to deliver on the International Maritime Organization’s net zero strategy. More than 60 organisations and 300 leaders met...
Tanker attacked in Red Sea
A MISSILE launched from Houthi-controlled territory in Yemen has struck a commercial tanker in the Red Sea. Two US officials told Reuters on Monday the missile caused a fire and...
Baltic Exchange weekly report
THE BALTIC Dry Index climbed to lofty heights early last week before a steep decline in the latter part of the week. The index hit a high of 3346 on Tuesday (4 December) before...
Maersk prepares to launch first large methanol-fuelled ship
MAERSK is preparing to launch the first of 18 large methanol-enabled vessels currently on order. The containership is due to enter service on 9 February 2024 on the AE7...
World Container Index increases
THE DREWRY World Container Index increased by 6% this past week, reaching US$1461 per 40-foot container. The composite index has dropped by 32% when compared with the same week...
PIL and DP World to collaborate to reduce emissions
PACIFIC International Lines and DP World have singed a memorandum of understanding to develop ways to decarbonise global supply chains. The companies aim to help each other to...
Service makes inaugural call at multipurpose terminal
Meratus Line’s SBON service made its inaugural call at International Container Terminal Services’ East Java Multipurpose Terminal on Sunday (3 December). The weekly service is...
ICS launches second Engine Room Procedures Guide
THE INTERNATIONAL Chamber of Shipping has released the second edition of its Engine Room Procedures Guide. The second edition includes updates on future fuels and enclosed space...
MPA and US ports partner on Pacific green shipping corridor
THE MARITIME and Port Authority of Singapore has partnered with two US ports to develop a strategy for a green and digital shipping corridor across the Pacific Ocean. MPA unveiled...
Air cargo demand increases in October
OCTOBER marked the third consecutive month of stronger year-on-year air cargo demand, according to the latest market data from the International Air Transport association. Global...
Höegh explores ammonia bunkering for Aurora fleet
HÖEGH Autoliners is looking into the supply of ammonia as a bunker fuel for the company’s upcoming Aurora Class fleet. Höegh signed a letter of intent with Japan’s Sumitomo...
Victoria looks to boost trade ties with France
THE VICTORIAN government has signed a letter of intent with France to foster stronger trade and investment ties across a range of sectors. France’s Ambassador to Australia...
Commercial ships under fire in Red Sea
THERE has been another wave of attacks against ships in the Red Sea. The US military, cited by Reuters, reported on Sunday that three commercial vessels had come under attack in...
Maersk Tankers orders 10 very large ammonia carriers
MAERSK Tankers has put in an order for up to 10 very large ammonia carriers with Hyundai Samho Heavy Industries in South Korea. Japanese conglomerate Mitsui is to join as a...
Seafarer Christmas gift appeal kicks off in Port Botany
PORT Authority of NSW marine pilot Michael Kelly and Stella Maris chaplain Sister Mary Leahy have joined forces again this year to pack hundreds Christmas presents for visiting...
