IMO joins WHO for pandemic preparedness
THE INTERNATIONAL Maritime Organization is participating in global efforts led by the World Health Organization to better prepare for possible future disease pandemics. Before the...
Inmarsat acquisition takes step forward
GLOBAL communications company Viasat is working to acquire Inmarsat, which provides global mobile satellite communications services. Inmarsat says it is working to enable the...
Revenue and profit up at NYK
NYK Group has reported increases in revenue and profit for the 12 months to 31 March 2023. The group’s revenue for the fiscal year was ¥2.616 trillion (around $28.6 billion), a...
CMA CGM commits to €5 billion acquisition of logistics business
CMA CGM has committed to buying 100% of Bolloré Logistics for €5 billion (around $8.15 billion). Bolloré Logistics is the transport and logistics division of the Bolloré Group,...
Aussie company looks towards Norwegian hydrogen exports
AUSTRALIAN hydrogen specialist Provaris Energy has demonstrated the potential for low-cost delivery of green hydrogen from Norway, commencing in 2027. The ASX-listed company has...
Man jailed over "putrid" meth haul in container full of cow skins
A MAN was sentenced to 22 years in jail for attempting to import 668 kilograms of methamphetamine into Australia in a shipping container full of rotting, raw cow hides. The...
ICTSI first-quarter results show increases
INTERNATIONAL Container Terminal Services reported an increase in revenues, net income and EBITDA in its first-quarter financial results. ICTSI operates 33 terminals, including...
Shipping company sponsors new penguin centre
OCEAN Network Express is sponsoring the penguin centre of a new wildlife park in Singapore. The so-called Ocean Network Express Penguin Cove is located in the Bird Paradise...
Meth consignment picked up at Botany freight forwarding company
A MAN has been charged after he collected a consignment of drugs from a freight forwarding company in Botany. The Sydney man allegedly imported 137 kilograms of methamphetamine...
Seafarers Happiness Index declines in Q1 2023
CREW satisfaction levels dropped in the first quarter of 2023, the latest Seafarers Happiness Index report has found. Published by the Mission to Seafarers, the quarterly report...
Hapag-Lloyd introduces green shipping service
HAPAG-Lloyd is introducing a new service called Ship Green, which it says is for climate-friendly transportation based on biofuel. The ocean carrier said the service is accessible...
Demand for oil to halve by 2050: DNV
ELECTRICITY’S share in transport will increase from 1% today to 23% in 2050, according to DNV’s latest Transport in Transition report. Despite oil demand in the transport sector...
World Container Index increases
THE LATEST Drewry World Container Index increased by 1% last week, but has dropped 77% compared with the same week last year. The latest Drewry WCI composite index of $1,763 per...
Ceva leases four ro-ro vessels
CEVA Logistics has signed a new 10-year lease with its parent company CMA CGM for four of Pacific Shipping’s LNG dual fuel ro-ro vessels. The ships are under construction by China...
A-UKFTA to enter into force on 31 May
PRIME Minister Anthony Albanese announced that the Australia-United Kingdom Free Trade Agreement is to come into force on 31 May, following the expected completion of UK domestic...
