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...
The Baltic Exchange weekly market report
The Baltic Dry Index saw a calm week last week, continuing a period of relative calm and extending its plateau out one more week. The index was 1558 on Friday (5 May), down ever...
63 alternative fuel vessels ordered this year
IN APRIL, 19 vessels with alternative fuel propulsion were ordered, according to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform. Of those vessels ordered,...
Global air-cargo demand continues decline in March
GLOBAL demand for air-cargo services decreased 7.7% in March (down 8.1% for international operations), compared with the same month last year. The International Air Transport...
Wärtsilä and DNV roll out platform partnership on fleet
WÄRTSILÄ is integrating its fleet optimisation tool with an industry cloud platform built by DNV. Under their partnership, the companies are rolling out the connection across the...
Video series to help educate about the CII
THE GLOBAL Industry Alliance to Support Low Carbon Shipping has developed a series of videos to help educate industry about the Carbon Intensity Indicator. The videos – free to...
IMO to trial green shipping corridor cluster
THE INTERNATIONAL Maritime Organization plans to implement a pilot green shipping corridor cluster project proposed by Lloyd’s Register Maritime Decarbonisation Hub. LR MDH...
SMF and shipping lines launch workforce transformation tool
THE SINGAPORE Maritime Foundation, Pacific International Lines and Pacific Carriers have launched a guidebook that aims to attract more talent to the shipping industry. The...
