News
CMA CGM teams up with port for shore power
THE CMA CGM Group and Shanghai International Port signed a long-term strategic collaboration to develop the mass scale use of onshore power supply for containerships at the Port...
Changes afoot for Lloyds Open Form
SEVERAL organisations, including the International Chamber of Shipping, are working to revamp the Lloyds Open Form contract for vessel salvage in response to declining use by the...
Cathay Pacific cargo volumes down in November
CATHAY Pacific’s cargo volumes last month declined compared with the previous month despite it being the start of the traditional Christmas period, according to the airline’s...
Wärtsilä becomes ambassador for zero-carbon shipping centre
MARINE technology group Wärtsilä has become an official mission ambassador of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The stated aim of the independent...
COP27 talks position shipping in global energy transition
DECARBONISATION in the shipping sector may spur sustainable progress in other sectors, according to the International Chamber of Shipping. The ICS said talks at COP27 in Sharm...
CargoWise connects with air cargo business
THE CARGO division of International Airlines Group (IAG Cargo) is now integrated with CargoWise. IAG Cargo uses the freight capacity of International Airlines Group passenger...
Søren Skou to retire
THE NEW year will see a new CEO at the head of the world’s second-largest ocean freight carrier. Søren Skou will step down as A.P. Møller - Maersk CEO. The current CEO of the...
MOL to trial satellite communications service on fleet
MITSUI O.S.K. Lines has entered an agreement with Marlink to trial a satellite communications service on MOL ships. The service, Starlink, is enabled by US-based spacecraft...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended last week at 1386 on 9 December. This past week was slightly up after several relatively flat weeks. The Baltic Dry Index for the week ending on 9...
Air cargo strengthens airlines in 2022, braces for pressure in 2023
THE INTERNATIONAL Air Transport Association expects airlines to post billions in losses for 2022 but highlighted the strength of the air cargo industry. IATA expects airline net...
CMA CGM to acquire two US container terminals
THE CMA CGM Group has signed an agreement to acquire Global Container Terminals’ New York and Bayonne terminals. The Port of New York and New Jersey is a key entry point serving...
ICHCA details ammonium nitrate safety measures
ICHCA International has released a whitepaper that outlines best practice in the management of risk on vessels carrying ammonium nitrate. The organisation said the risks posed by...
A call for evaluations on offloading of shipboard-captured CO2 at ports
THE GLOBAL Centre for Maritime Decarbonisation has issued an invitation-for-proposal to evaluate the safety, technical and operational requirements for offloading shipboard...
Rogue wave kills cruise passenger
A ROGUE wave hit the cruise ship Viking Polaris while it was sailing towards Ushuaia Argentina last week; one passenger was killed and a further four passengers were injured. A...
The DCN Weekly: Episode 26
THE Queensland government launched a $21 million grants program this week. The Backing Queensland Maritime Jobs Program is intended to stimulate investment in the state's maritime...
