News
Zim and Shell complete first LNG bunkering under 10-year agreement
ZIM and Shell have completed what they claim is the first LNG bunkering operation in Jamaican waters, involving the first of ten Zim containerships included in a 10-year LNG...
DNV approves COSCO and SHI ship data collection systems
DNV has approved ship data collection systems developed by COSCO and Samsung Heavy Industries. The classification society’s D-INF type approval rules provide guidelines for the...
Shipping line warns of the dangers of electric vehicles
WALLENIUS Wilhelmsen has said there is increasing concern among shipping lines around the increasing demand for electric vehicles. Battery fires can be particularly dangerous, as...
Maersk and Shanghai Port sign MOU on methanol bunkering
MAERSK has signed an agreement with Shanghai International Port Group on strategic co-operation for the Shanghai Port methanol marine fuel project. The two parties signed the...
Australia-UK FTA a step closer to reality
THE AUSTRALIA-United Kingdom Free Trade Agreement will come into effect soon, after the enabling legislation in the UK received Royal Assent. The agreement will enter into force...
IMO agreement to reduce maritime emissions in developing countries
A MEMORANDUM of understanding signed at an International Maritime Organization working group aims to help developing countries reduce emissions from ships and ports. The IMO,...
World Container Index continues to tumble
THE DREWRY World Container Index fell by 2% to US$1756.83 per 40-foot container this past week. The composite index has dropped by 79% when compared with the same week last year...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended last week at 1489/ This was down slightly on the previous Friday (1535) but still well above the recent nadir of 530 on 16 February. Capesize The...
DSV to acquire two US-based logistics firms
DENMARK-based logistics giant DSV is to acquire US-based transport and logistics companies S&M Moving Systems West and Global Diversity Logistics. DSV said the acquisitions would...
Oldendorff appoints new CEO
OLDENDORFF Carriers has appointed Patrick Hutchins as its new president and chief executive officer, effective 21 March. Mr Hutchins succeeds Peter Twiss, who is retiring after 28...
IMO calls on maritime community to fight racism
THE INTERNATIONAL Maritime Organization is calling for the maritime community to combat racism and discrimination. IMO secretary-general Kitack Lim issued a message to the...
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...
