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...
FIATA called on to accelerate single global air program
THE FEDERATION of Asia Pacific Aircargo Associations (FAPAA) called on the International Federation of Freight Forwarders Associations (FIATA) to move faster on establishing a...
Slow career progression a pain point for women at sea: report
WOMEN are struggling with slower career progression, challenging social relations and physical conditions at sea, a new study has found. The Global Maritime Forum and the All...
The Baltic Exchange weekly report
THE BALTIC Dry Index hit 1576 on Friday, continuing a plateau after a significant dip in the previous months. The Baltic Dry Index for the week ending 29 April 2023. Source:...
