Non-alliance share of container trade is decreasing
Source: Sea-Intelligence As the market strengthened after the initial Covid hit, there was a confluence of small carriers that started to deploy capacity, especially on the...
New Covid restrictions cause crew change problems
NEW Covid-19 testing requirements and restrictions in some countries are creating crew change problems, the Global Maritime Forum has found. Ship managers participating in GMF’s...
Baltic Exchange weekly market report
THE Baltic Dry Index fell off a cliff this past week, falling to 763 on Friday (20 January). This was a decrease of 19% on the previous Friday (when it was 946) and a decrease of...
DNV confirms 1000 ships impacted by cyberattack
DNV has confirmed a recent cyberattack on its ShipManager software impacted around 70 customers operating some 1000 vessels. The risk-management company’s ShipManager servers were...
Geodis subsidiary partners with wind-powered shipping specialist
SEALOGIS, a subsidiary of logistics company Geodis, has become shipping agent for a new company specialising in the design of sail-powered cargo ships. Geodis signed a partnership...
Capacity shortages a challenge for breakbulk in 2022
CAPACITY shortages and service disruptions created challenges for the entire breakbulk industry in 2022, according to Wallenius Wilhelmsen. The shipping company said the industry...
Digitalisation fears are jeopardising maritime progress: report
FEARS of digitalisation are hindering important progress in the maritime industry, according to a new report from Wärtsilä. The Finnish marine technology company published its...
Funding secured for wind-powered ro-ro vessel
WALLENIUS Wilhelmsen and project partners have received €9 million in funding (almost $14 million) for what could be the world’s first wind-powered ro-ro vessel. European funding...
Singapore container throughput decreases in 2022
CONTAINER throughput at PSA’s Singapore operations in 2022 decreased by 0.7% on the previous year. The port’s operator, PSA International, said its Singapore division handled 37...
Hapag-Lloyd acquires stake in terminal and transport operator
HAPAG-Lloyd has finalised its acquisition of a minority stake in Italy’s Spinelli Group, a terminal and transport operator. The two companies entered into an agreement for...
Fraud is major threat to cargo: Insurer
THE almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within the complexities of the global...
Australia to feature in IMO marine casualty investigation program
AUSTRALIA will play an important role in a new marine casualty investigation program from the International Maritime Organization. The program aims to build IMO member states’...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued its tumble last week, hitting on Friday the lowest point in more than a year. The index on Friday (13 January) was 946. This was a decline of 45%...
Provaris and Norwegian Hydrogen to collaborate on hydrogen value-chain projects
AUSTRALIAN energy company Provaris is collaborating with Norwegian Hydrogen to develop green hydrogen value chain projects in the Nordic region. Their intent is to accelerate the...
Lomar awards shipping scholarships in memory of CEO
SHIP management company Lomar has awarded scholarships to nine shipping students in honour of former CEO Achim Boehme. Mr Boehme died from cancer in July 2020. Lomar’s Achim...
