Class NK releases standards for container stowage
CLASSNK has released its “Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)” and its “Guidelines for Parametric Roll Countermeasures”. It said the...
A slight decline in schedule reliability in January
GLOBAL liner schedule reliability saw a month-on-month decline of 3.8% in January to 52.6% after steady increases throughout much of 2022, according to the latest report from...
Hapag-Lloyd signs LNG supply agreement with Shell
HAPAG-Lloyd and Shell have signed a multi-year agreement for the supply of LNG for the shipping line’s ultra-large dual-fuel 23,500-TEU container vessels. Bunkering for the 12 new...
Kuehne+Nagel saw big profits in 2022
KUEHNE+Nagel saw its net profits increase by 30% over 2022, with all its business groups contributing to the result, according to its financial results for the year, released on...
Wiseway 1H results improve on previous half
ASX-listed freight and logistics operator Wiseway said its first-half results showed a “turnaround” in its Australian business compared with the previous six-month period. Over...
HFW gets behind drive to recognise human rights at sea
LAW firm HFW has put its support behind the development of a new Geneva Declaration to define and defend the human rights of the global maritime population. The global law firm...
Global trade outperformed predictions for 2022: WTO
GLOBAL trade remained resilient and performed better than pessimistic predictions for 2022, according to a new World Trade Organization note. The note said economies greatly...
Geodis reports profitability increases in 2022
INTERNATIONAL freight forwarding and logistics company Geodis reported big increases in revenues and profits for 2022. The company’s revenues for the years were €13.7 billion, up...
Austal posts revenue growth and earnings loss
AUSTAL has posted revenue growth for the first half of the 2023 financial year, but a “disappointing” earnings loss. The Australian shipbuilder’s revenue increased by 7% in the...
Baltic Exchange weekly market report
THE BALTIC Dry Index last week posted a turnaround from its months-long freefall. The index inched upward throughout last week to hit 883 on Friday. This was 64% above the end of...
Sustainable biofuels supply chain trial complete
THE Global Centre for Maritime Decarbonisation has completed trialling two supply chains of biofuel blends sourced from different origins. According to a statement from the GCMD,...
Shipping community calls for release of seafarers still trapped in Ukraine
SHIPPING companies, maritime agencies and seafarer welfare providers have issued a joint letter calling on for the immediate release of 331 seafarers and 62 ships still trapped in...
NorthStandard officially open for business
NORTHSTANDARD has officially opened for business after the merger of P&I clubs North and Standard Club. The new entity is headquartered in the UK and has offices throughout...
ONE teams up with Sony on smart container technology
OCEAN Network Express has announced plans to introduce smart container technology into its global fleet of containers. The shipping line has partnered with Sony Network...
Maersk divests assets in Russia under exit plan
MAERSK has agreed to divest two logistics sites in Russia as part of its 2022 decision to discontinue its operations in the country. It is selling its facilities in St Petersburg...
