Aussie-made fire tech installed on spirits of Tasmania
TASMANIAN-made fire safety technology is being installed on the new Spirit of Tasmania ferries. TT-Line said the two new vessels, currently under construction in Finland, will be...
Baltic Exchange weekly report
THE BALTIC Dry Index continued its downward trend this past week. The BDI stood at 1233 on Monday (xx June) and ended the week at 1091 on Friday, a 11.5% decline on the start of...
World Container Index continues steady decline
THE DREWRY World Container Index decreased week-on-week by 2.7% to $1494.46 per 40-foot container this past week. The composite index has dropped by 78.9% when compared with the...
Container freight rate index hits 23-month low
THE LATEST data from the Xeneta Shipping Index showed a decline of 9.4% in long-term global shipping rates in June. This follows a 27.5% decrease in May and a 10.3% fall in April....
Blank sailings at a low: analyst
CONDITIONS in the global container shipping markets are continuing to move towards normalisation, according to shipping industry analyst Sea-Intelligence. “However, a normal...
MEPC 80 to tackle emissions, dark fleet and more next week
THE INTERNATIONAL Maritime Organization’s Marine Environment Protection Committee is meeting next week in London. It is expected to adopt an upgraded IMO greenhouse gas emissions...
MOL signs charter deal for two new LNG carriers
JAPANESE transportation company Mitsui O.S.K. Lines and British energy company Ineos Energy Trading signed an agreement for the charter of two newbuild LNG carriers. The vessels...
K+N appoints Kiwi to management board
KUEHNE+Nagel’s board of directors has appointed Michael Aldwell to its management board. Mr Aldwell is to assume responsibility for the sea logistics business unit and succeed...
Green Marine joins Methanol Institute
THE METHANOL Institute has welcomed multi-disciplinary methanol consultancy Green Marine as a new member. The Denmark-headquartered company has recently finalised a specialist...
Human factor a key consideration in ammonia safety: report
A NEW report on ammonia safety outlines considerations for limiting the toxicity risks of ammonia as a marine fuel, particularly for crews. Lloyd’s Register Maritime...
Hydrogen for export plant takes a step forward
ASX-listed Provaris Energy has entered into a collaboration agreement with Norwegian Hydrogen to move to the next phase of development for the FjordH2 project at Ørskog in the...
Ship recycling convention to enter into force
LIBERIA has ratified the International Convention for the Safe and Environmentally Sound Recycling of Ships, triggering the convention’s entry into force. It follows Bangladesh’s...
Incat-Crowther designed crew transfer vessel enters service
THE FIRST 32-metre parallel hybrid crew transfer vessel designed by Incat Crowther for Emden-based EMS Maritime Offshore (EMO) has been delivered. According to the Australia-based...
International Day of the Seafarer
EVERY year since 2010 on 25 June, we mark the International Day of the Seafarer. This year, the International Maritime Organization has chosen to focus on seafarers’ contributions...
Zim to bring digital financing service to Australia
ZIM has expanded its partnership with cross-border trade financing platform 40Seas, with plans to bring the new service to Australia. Zim announced in January it had invested in...
