News
Incat Crowther to deliver new vessels for ports group
INCAT Crowther has been tasked with delivering two new ro-pax catamarans for Abu Dhabi Ports Group. The Australia-headquartered shipbuilder was commissioned alongside Penguin...
Höegh takes measures to reduce fire risk
HÖEGH Autoliners announced that it is taking measures to reduce the risk of fire onboard its vessels. “Together with a clear decarbonisation target, safety is our top priority...
COP28 freight forwarding and logistics partner announced
COP28 has appointed Kuehne+Nagel as the official logistics partner at the global 2023 UN Climate Change Conference in Dubai. From November 30 until December 12, the event is...
Tasmania and Bremen partner on hydrogen development
THE TASMANIAN government has signed a joint declaration of intent with Bremen, Germany to collaborate on green hydrogen development. The declaration of intent covers research,...
Container index continues to decrease
THE DREWRY World Container Index decreased by 7.1% this past week to US$1561.30 per 40-foot container. The composite index has dropped by 68.4% when compared with the same week...
First methanol-enabled containership named Laura Maersk
MAERSK’S first methanol-enabled containership was named Laura Maersk in a ceremony on Thursday (14 September) at the Port of Copenhagen. The vessel was officially named by the...
Baltic Exchange weekly report
THE BALTIC Dry Index climbed steadily throughout last week. The index, which measures prices paid for transporting dry bulk, started the week at 1209, and ended the week at 1381...
Police call for public assistance in air cargo meth mystery
AUTHORITIES are calling for public assistance after intercepting 312 kilograms of liquid meth bound for Melbourne in air cargo. In July this year US authorities at Los Angeles...
MSC to acquire stake in Hamburg logistics company
MSC, the largest container carrier by capacity, has agreed to acquire 49.9% of Hamburger Hafen und Logistik Aktiengesellschaft HHLA, a port terminal and logistics company. Under a...
MOL buys chemical carrier business
MITSUI O.S.K. Lines’ subsidiary MOL Chemical Tankers acquired Fairfield Chemical Carriers from New York-headquartered Fairfield-Maxwell for US$400 million. The acquisition was...
MOL signs MOU with Shell
MITSUI O.S.K. Lines and Shell Marine Products have signed an agreement to “a joint focus on advancement of alternative maritime solutions and managing carbon emissions liabilities...
Men charged over meth in mattresses
THREE men have been charged over the importation of almost 90 kilograms of methamphetamine hidden in five shipments of futons into Sydney. They were arrested as part of a...
Shipping summit to take place at COP28
SHIPPING industry kahunas will meet in Dubai for the Shaping the Future of Shipping Summit, which is connected to the UNFCCC Climate Conference COP28. The summit will take place...
Oil spill conference in QLD kicks off
SPILLCON kicked off on Monday (11 September) in Brisbane, bringing together some 350 expert oil spill responders from around the world. Maritime Safety Queensland is joining...
Equinor to supply Maersk methanol
OCEAN carrier Maersk has signed an agreement with Norwegian state-owned oil major Equinor for the supply of green methanol for Maersk’s first methanol-enabled containership. Under...
