Drug bust at Sydney freight depot, logistics employee arrested
AUTHORITIES have seized about 60 kilograms of cocaine from a Sydney freight depot and have arrested a logistics worker for allegedly monitoring drug imports. The man was one of...
Inmarsat to launch maritime safety terminal
INMARSAT has unveiled plans for a next-generation maritime safety terminal. The satellite communications company intends to connect the new terminal to Inmarsat’s ELERA L-band...
K+N takes delivery of first 747 freighter in Atlas Air deal
KUEHNE+Nagel has put into operation its first Boeing 747-8 freighter as part of the long-term charter agreement with Atlas Air. Kuehne+Nagel is expanding its air freight network...
Alternative fuels need more pilots projects, maritime tech forum says
THE SHIPPING industry needs more training and pilot projects to better understand the economic feasibility of bio-methanol and green ammonia, a report has found. An assessment...
Life at Sea 2022 crew photography winners recognised
WINNERS of the ITF Seafarers’ Trust photo competition will receive their awards this week at a crewing conference in Manila. Seafarers participating in the Life at Sea 2022...
Fire, inflation, etcetera – trends in marine insurance claims
FIRE and explosion incidents cause the most expensive insurance claims in the marine industry, while at a time of rising exposures and inflation, cargo damage is the most frequent...
New trade deals to strengthen trade and economic relationships: PM
AUSTRALIAN exporters, businesses, workers and consumers will soon be able to reap the opportunities and benefits of more open trade with India and the United Kingdom with the...
INSIGHT: Commencement of Australia’s free trade deals with the UK and India comes closer
IT HAS been a busy few weeks in the Australian Federal Parliament. The Joint Standing Committee on Treaties (JSCOT) in parliament issued its reports into proposed treaty action...
BIMCO campaign to reduce plastic bottles on ships
BIMCO has launched a campaign to reduce waste from single-use plastic bottles on ships. The organisation has partnered with reusable bottle brand Ocean Bottle to create co-branded...
Maersk Line and Hope Hicks settle sexual assault case
MAERSK Line and former midshipman Hope Hicks have resolved Ms Hick’s litigation case against the company for sexual assault and harassment on one of its ships. Ms Hicks brought a...
Baltic Exchange weekly market report
THE BALTIC Dry Index fell further this past week. It started at 1325 on Monday (14 November) and ended the week at 1189 on Friday (18 November). The Baltic Dry Index for the week...
World Container Index continues to plummet
DREWRY’S composite World Container Index decreased by 7% this to US$2591.41 per 40-foot container. This was the 38th consecutive weekly decrease. The index has dropped by 72% when...
Zim posts record results for first nine months of 2022
ZIM has posted a record net income for the first nine months of 2022, but TEU volumes decreased in the same period. The company reported a net income of US$4.2 billion for the...
Governments urged to do more for shipping's role in energy transition
A REPORT suggests deficiencies in international government projects and policies are holding back investment in the shipping infrastructure needed to support the global energy...
IMO adopts new code for ships carrying workers offshore
THE INTERNATIONAL Maritime Organization’s Maritime Safety Committee has adopted a mandatory code for ships carrying industrial workers to offshore facilities. The IMO Maritime...
