Container Port Performance Index shows some improvement at Aussie ports
PERFORMANCE at Australian container ports mostly improved last year, according to the third edition of the global Container Port Performance Index (CPPI). The CPPI is a data-based...
A-UKFTA comes into force
THE AUSTRALIA-UK Free Trade Agreement is now in force. The Australian government says the agreement will drive increased trade and economic growth, with tariffs removed on over...
ClassNK gives maritime cybersecurity service the all-clear
CLASSNK has endorsed Inmarsat’s Fleet Secure Endpoint, a cybersecurity service for ships. The classification society issued a certification under satisfaction that the product...
BIMCO calls for uptake of ship recycling convention
BIMCO is calling for “urgent adoption” of the Hong Kong International Convention for the safe and Environmentally Sound Recycling of Ships, and for ship owners to be more...
DP World reports global 5% emissions cut in 2022
DP World claims to have cut direct carbon emissions from its global operations by 5% last year. The 2022 ESG report from DP World, published on Thursday, also indicates the...
ICS calls for better direction toward net zero
THE INTERNATIONAL Chamber of Shipping has proposed amendments to the MARPOL convention to implement a global fuel standard. Amendments to annex VI are among several proposals the...
BIMCO elects new president
SHIPPING association BIMCO has appointed Nikolaus Schües as its new president. Mr Schües is the owner and CEO of German shipping company Reederei F. Laeisz. He was elected during...
Baltic Exchange weekly report
THE BALTIC Dy Index fell further last week, winding up at 1172 on Friday. This follows on from two and a half weeks of steady decline, starting from a peak of 1640 on 10 May. The...
World Container Index drops
DREWRY’S composite World Container Index fell 2% to US$1685.32 per 40-foot container this week. The index has dropped by 78% when compared with the same week last year. The WCI is...
Seaspan and Mærsk Mc-Kinney Møller centre join forces
SEASPAN and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have agreed to collaborate on the development of zero carbon technologies for the maritime industry. The two...
Container newbuilds are forecast to slump to 14-year low
NEWBUILD container output is collapsing according to recent research from consultancy Drewry. Behind this decline in container building is stagnating trade and a ballooning...
Change in local leadership at DHL Global Forwarding
DHL Global Forwarding announced Niki Frank would step in to the role of CEO for DHL Global Forwarding Asia Pacific. The move comes after the current CEO, Kelvin Leung, announced...
New leadership and committees at WISTA
WISTA International has announced new leadership, two new committees and a membership milestone. The association formally ratified its group of committee chairs for the 2023-2024...
Number of containers lost at sea in decline: report
THE WORLD Shipping Council has reported a positive trend in container safety, with 661 containers lost overboard during 2022. WSC released its annual Containers Lost at Sea report...
Companies to design ammonia dual-fuelled ship for MSC
FOUR companies have agreed to work together to design an ammonia dual-fuelled containership for MSC. Lloyd’s Register, MSC, Shanghai Merchant Ship Design & Research Institute...
