Baltic Exchange weekly report
THE BALTIC Dry Index crept up last week, hitting 1055 on Friday. The index started the week at 939 on Monday. The index hit a low last week of 919 – its lowest point since a nadir...
Study finds seafarer training deficit in decarbonised, digitalised industry
A SURVEY of 500 seafarers found the maritime workforce needs more training to work in a decarbonised and digitalised shipping industry. DNV and the Singapore Maritime Foundation...
MOL trials satellite communication service at sea
MITSUI O.S.K. Lines is trialling satellite communication service Starlink on one of its ships. MOL installed the Starlink system under an agreement with maritime connectivity...
Seafarer labour market tightest in 17 years of reporting
NEW research from Drewry has found the seafarer labour market is the tightest it has been since the shipping consultancy began analysing it 17 years ago. Drewry’s latest Manning...
Big containership joins OOCL fleet
OOCL has welcomed the third of twelve new 24,188-TEU vessels into its fleet. The new containership was officially named OOCL Turkiye with a ceremony at the Nantong COSCO KHI Ship...
Maritime industry dissatisfied with cybersecurity investment, survey shows
NEW research from DNV found less than half (40%) of maritime professionals think their organisation is investing enough in cybersecurity. The survey of 800 industry professionals...
Big ONE ship delivered
OCEAN Network Express has taken delivery of ONE Innovation at Kure Shipyard of Japan Marine United Corporation. The vessel has a capacity of up to 24,136 TEU and is ONE’s first...
Biofuel production limitations may impact industry uptake: DNV
LIMITATIONS to biofuel production capacity may hinder uptake in the shipping industry, a report from DNV has found. DNV’s new whitepaper Biofuels in shipping suggests biofuels can...
Ammonia release mitigation system receives AiP
DNV has issued an approval in principle for Wärtsilä Ammonia Release Mitigation Systems (WARMS), a new system from the technology company. The system is designed to mitigate the...
A collaborative approach to decarbonising shipping emerges
THE FOURTH edition of the Mapping of Zero-Emission Pilots and Demonstration Projects report has identified increased activity among industry to innovate and find collaborative...
Publication outlines updates to the ILO MLC
THE INTERNATIONAL Chamber of Shipping has published a detailed overview of new amendments to the International Labour Organization Maritime Labour Convention. This is the fourth...
Baltic Exchange weekly report
THE BALTIC Dry Index fell off a cliff last week, winding up at 919 on Friday (2 June). The index has plummeted 44% since a recent high of 1640 on 10 May. The BDI fell 18% just...
World Container Index drops slightly
DREWRY’S composite World Container Index decreased by 0.2% to US$1682.10 per 40-foot container this week. Compared with the same week last year, however, the index dropped by...
NPDL US service to expand trans-Tasman opportunities
NEPTUNE Pacific Direct Line is launching a liner service to the South Pacific from the US west coast, opening transhipment opportunities to Australia. NPDL said the new WCUSA...
Air cargo capacity passes pre-Covid levels in April
GLOBAL air cargo capacity has surpassed pre-Covid levels for the first time in three years, data from the International Air Transport Association shows. The latest monthly data...
