MPA partners with class and tech companies on vision for maritime industry
THE MARITIME and Port Authority of Singapore and eight classification societies have signed a letter of intent to collaborate in areas of digitalisation and decarbonisation. MPA,...
120kg cocaine haul at Port Botany
AUSTRALIAN Border Force officers seized 120 kilograms of cocaine at the Sydney Container Examination Facility on Tuesday (25 April). The ABF said it has been targeting border...
Spirit Super and Stonepeak close GeelongPort acquisition
SPIRIT Super and Stonepeak have completed their acquisition of GeelongPort. Spirit Super, an Australian industry super fund and Stonepeak, a US investment firm, in November last...
G7 countries target net-zero shipping by 2050
THE G7 ministers of climate, energy and the environment have agreed to strengthen efforts to reach zero-emissions shipping by 2050. Ministers representing Canada, France, Germany,...
Drones to deliver cash to ships
DRONE logistics company Skyports Drone Services is adding cash-to-master services to its suite of ship-to-shore services. The CTM service was announced today at the annual...
Two LNG-fuelled bulkers delivered
MARAN Dry Management has taken delivery of two Newcastlemax bulkers, Ubuntu Unity on 28 February and Ubuntu Community on 18 April. Shanghai Waigaoqiao Ship Building (SWS)...
K+N first quarter results down on last year
LOGISTICS company Kuehne+Nagel reported year-on-year decreases in its first-quarter 2023 results, but profitability remains high on pre-pandemic levels. The Switzerland-based...
Maersk Tankers launches voyage management service
MAERSK Tankers has launched a new voyage management service. The company said the service would help ship operators and owners “achieve greater economic and environmental...
Shipping companies preparing for multi-fuel future, survey finds
A SURVEY of 29 shipping companies found some carriers envisage a multi-fuel future for their fleets. The Global Maritime Forum, the Global Centre for Maritime Decarbonisation and...
Crew change situation continues to stabilise
THE GLOBAL crew change situation appears to be returning to a pre-Covid normal, according to the Global Maritime Forum. GMF’s quarterly Neptune Declaration Crew Change Indicator...
UNCTAD calls for more global trade co-ordinators
THE UNITED Nations Conference on Trade and Development is calling for more countries to appoint “transit co-ordinators” to facilitate global trade. UNCTAD said the Trade...
Gaps in STCW, MLC and ISM hindering safe decarbonisation: report
GAPS in maritime codes and conventions may be hindering safe decarbonisation progress, a report has found. A report from the Maritime Technologies Forum and Lloyd’s Register...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended the week on 1504, up 5% from 1435 posted on the previous Friday. The Baltic Dry Index for the week ending on 21 April 2023. Source: Baltic Exchange...
Drewry container index posts first increase in 15 weeks
DREWRY’S composite World Container Index has increased for the first time in 15 weeks. The WCI increased by 4% to US$1774 per 40-foot container. However, the index is 77% lower...
DNV launches maritime emissions data platform
DNV has launched a platform designed to help the maritime industry asses and work with emissions data. Emissions Connect is an emissions data verification engine and data...
