News
IMB records lowest piracy levels since 1993
THE ICC International Maritime Bureau has recorded its lowest level of piracy and armed robbery incidents since 1993. Twenty-seven incidents were reported in the first quarter of...
Baltic Exchange weekly market report
THE BALTIC Dry Index declined over the past week to 1435 on Friday 14 April. This was an 8% decrease from the previous Thursday’s 1560 (reported ahead of the long weekend). The...
Port of Newcastle named finalist for World Hydrogen Awards
PORT of Newcastle is in the running for the Port of the Future Award at the World Hydrogen Awards in the Netherlands next month. The port is one of four finalists for the award....
MOL joins methane abatement coalition
MITSUI O.S.K Lines has joined an initiative tasked with reducing the global maritime industry’s methane emissions. The Methane Abatement in Maritime Innovation Initiative (MAMII)...
Wärtsilä and Höegh LNG partner on ammonia project
WÄRTSILÄ and Höegh LNG have received funding to develop a system that converts ammonia back into hydrogen. The system would then be installed on a Höegh LNG vessel. The Norwegian...
Officers awarded for 60-container meth bust
FOUR police officers have been awarded for their roles in a drug investigation that saw 60 shipping containers of meth seized in Papua New Guinea. The Australian Federal Police,...
Cargo.one unveils new digital platform
DIGITAL air cargo bookings marketplace cargo.one has launched a new platform designed for freight forwarders and import and export agents. The company said the platform, cargo.one...
ICS strengthens ties with China Shipowners' Association
THE INTERNATIONAL Chamber of Shipping has announced intentions to strengthen its relationship with China’s shipping industry. ICS chairman Emanuele Grimaldi was in Shanghai...
Maritime digital venture studio comes online
MARITIME and technology companies have created a digital venture studio aimed at addressing challenges in the maritime industry. Wilhelmsen, DNV Maritime, tanker operator Hafnia...
Swire Projects receives ISO certifications
SWIRE Projects has received ISO certifications in quality management, environmental management and occupational safety management. The projects and heavy lift shipping division of...
ONE rolls out vessel emissions calculator
OCEAN Network Express has launched a tool designed to calculate the carbon dioxide emissions from the company’s ships. The “eco calculator” uses the vessel’s origin, destination...
Austal unveils plans for hydrogen-powered ferry
AUSTAL Australia is preparing to develop a high-speed catamaran that can operate on hydrogen and other green fuels. The Australian shipbuilder signed a memorandum of understanding...
Tassie boatbuilders hand over new ferry
TASMANIAN boatbuilders Incat Crowther and Richardson Devine Marine have delivered a new passenger ferry after sea trials in Hobart. Fifty-three-metre Kilimanjaro VIII is the 11th...
Global schedule reliability increases sharply
SHIPPING analyst Sea-Intelligence has reported a sharp increase in global schedule reliability. In the latest issues of its Global Liner Performance report, for February 2023,...
Air cargo shows signs of improvement
THE INTERNATIONAL Air Transport Association has reported signs of improvement for global air cargo markets. New data from IATA suggests air cargo demand rose above pre-pandemic...
