AMSA bans Netherlands-flagged ship
THE AUSTRALIAN Maritime Safety Authority has banned the Netherlands-flagged general cargo ship Flevogracht (IMO 9509956) for 90 days. AMSA detained the vessel, operated by the...
Maersk launches Europe-China air freight service
MAERSK has launched a new air freight service between Denmark and China. The inaugural flight on the Eurasia service took off on Monday (20 March). The service will continue with...
WiseTech launches freight forwarding diploma
WISETECH Academy, the online training arm of WiseTech Global, has launched a Diploma of International Freight Forwarding. The diploma was developed to prepare students around the...
Maersk to divest Maersk Supply Service
A.P. MOLLER – Maersk has announced plans to divest Maersk Supply Service, its offshore marine service company. Valued at US$685 million, the sale of the MSS business would...
PSA International’s 2022 volumes decline, revenues increase
PSA International, the Singapore-based port operator, posted a decrease in volumes over 2022, but increases in revenue and profits. The company’s flagship operations are in...
MSC and Global Centre for Maritime Decarbonisation enter five-year partnership
MSC has agreed to contribute to the Global Centre for Maritime Decarbonisation's resources and projects under a five-year partnership. The Impact Partnership agreement aims to...
Satellite comms company expands coverage with WA sites
INMARSAT’S I-6 F1 satellite has connected to new ground stations in Perth and Merredin, Western Australia, which the company says will upgrade its communications availability in...
World Container Index decreases again
THE WORLD Container Index, published by Drewry, decreased by 1% this past week, and has fallen by 80% when compared with the same week last year. The composite index for this week...
BIMCO targets eBLs in bulk
THE BALTIC and International Maritime Council has launched a commitment by bulk shippers to increase the use of electronic bills of lading. The “25 by 25 pledge” commits some of...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended the week on 1535, up 8% from 1424 posted on the previous Friday. The BDI this week saw a turnaround from its sharp incline over the past month. Baltic...
ONE orders 10 big containerships
OCEAN Network Express has ordered 10 new 13,700-TEU containerships. The company said the new vessels would be delivered in 2025 and 2026. In a statement, ONE said the order was in...
Dachser acquires Aussie freight forwarder
GERMAN logistics company Dachser has acquired ACA International, an air and sea freight forwarding company headquartered in Melbourne. A statement from Dachser said it would...
Zim reports a big year, dismal fourth quarter
ZIM posted big earnings for 2022, but by the fourth quarter of the year, earnings had fallen off a cliff. The Israeli shipping company posted a net income of US$417 million for...
Floating ammonia production unit receives AiP
DNV has issued an approval in principle for a floating ammonia production unit. Dutch offshore energy company SwitcH2 and Norwegian company BW Offshore are developing the...
Big ship delivered
MSC has taken delivery of the 24,116-TEU MSC Tessa, said to be the largest containership completed and in service. China State Shipbuilding Corporation subsidiary Hudong-Zhonghua...
