Incat Crowther to design fast support intervention vessels
AUSTRALIAN shipbuilder Incat Crowther has been tasked with designing a fleet of fast support intervention vessels for operations in the Middle East. Singaporean shipbuilder Lita...
EU will not renew shipping consortia exemption from anti-trust rules
THE EUROPEAN Commission will not extend the EU legal framework that exempts liner shipping consortia from antitrust rules. In a statement, the commission said the Consortia Block...
IMO workshop examines hubs and routes to reduce GHG emissions
THE POTENTIAL for shipping routes and maritime hubs actions to reduce shipping’s greenhouse gas emissions and support maritime decarbonisation was examined during the...
August air-cargo demand grew for the first time in 19 months
YEAR-on year air-cargo demand grew in August for the first time in 19 months, according to the latest available data from the International Air Transport Association. Global...
Harsher conditions impact future of icebreaking
THE ICEBREAKER fleet in Finland – and the foreign ships facilitating the country's trade – are facing harsher and more challenging ice conditions in the northern Baltic Sea. The...
ICS launches CII data collection system
THE INTERNATIONAL Chamber of Shipping this week launched its Carbon Intensity Indicator Data Collection System. The International Maritime Organization developed the CII as a...
Finland running for IMO Council
FINLAND is hoping for a position on the International Maritime Organization Council in the 2024-2025 biennium. At an election later this year – slated for 1 December 2023 – the...
World Container Index decreases by 1%
THE DREWRY World Container Index decreased by 1.1% to US$1389.5 this past week The index has dropped by 62.3% when compared with the same week last year. It is now 2% below than...
Life at Sea 2023 photography winners announced
THE ITF Seafarers’ Trust announced the winning photos of its 2023 Life at Sea photography competition. The project, launched in 2020, aims to open a window the experiences of...
Largest German-flagged ship joins Hapag-Lloyd fleet
HAPAG-Lloyd officially welcomed the Berlin Express to its fleet. It is the first ship in its new Hamburg Express class. At an event attended by some 300 guests from business and...
Carbon neutral shipyard on agenda for builder of world's largest cruise ship
FINNISH shipbuilder Meyer Turku is aiming to develop a climate-neutral ship concept by 2025 and a carbon neutral shipyard by 2030. The company is working toward these objectives...
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week at 1701 on Friday (29 September). This was an increase of 5.4% on Monday’s index of 1614. However, Friday’s index was a decrease on a...
World Container Index falls yet again
THE DREWRY World Container Index decreased by 5.1% to US$1404.38 per 40-foot container this past week and has dropped by 65% when compared with the same week last year. The index...
ITF recovers almost US$120 million in crew wages
THE INTERNATIONAL Transport Workers’ Federation said it recovered almost US$120 million in wages owed to seafarers between 2020 and 2022. The union this week said its inspectors...
Celebrating World Maritime Day 2023
TODAY is World Maritime Day, an annual event dedicated to the global maritime industry and the changes and challenges it faces. On 29 September International Maritime Organization...
