World Container Index continues to tumble
DREWRY’S composite World Container Index decreased by 5% this week to US$1592.24 per 40-foot container. The index has dropped by 79% compared with the same week last year. It is...
MtS Sydney parliamentary luncheon tackles seafaring challenges
MISSION to Seafarers Sydney hosted its second annal parliamentary luncheon on Friday. Local supporters of the maritime workforce gathered at NSW Parliament to hear about the...
Provaris to develop hydrogen production plant
ASX-listed energy company Provaris is collaborating with Norwegian Hydrogen to develop a large-scale hydrogen production plant in Norway. Provaris claims the new plant in Ørskog,...
Men charged for attempting to smuggle nearly $1.7 billion worth of illicit drugs
TWO men have been charged with attempting to import methamphetamine from a global criminal syndicate that has attempted to traffic almost $1.7 billion worth of the drug to...
Amendments adopted, progress on autonomous ships code at IMO meeting
NEW requirements around navigation and voyage planning for ships in polar waters are due to enter into force on 1 January 2026. The International Maritime Organization this week...
Australia re-elected to IALA Council
AUSTRALIA was re-elected to the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) Council for a four-year term. Australia will be...
Sea Cargo Charter calls for more ambitious climate targets
THE SEA Cargo Charter Association is calling for more ambitious decarbonisation targets following the release of its annual emissions report. The Sea Cargo Charter is a framework...
Maersk secures green methanol for maiden voyage
MAERSK has secured a supply of green methanol for the maiden voyage of its first methanol-enabled containership. The company has signed a deal with Dutch producer OCI Global on...
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...
