Record exports under Black Sea grain deal as Russia pulls out
THE BLACK Sea maritime corridor saw a record volume of agricultural products exported on Monday (31 October) despite Russia pulling out of the Black Sea Grain Initiative. Russia...
PIL launches intermodal service
PACIFIC International Lines has announced the launch of PIL Intermodal Services to complement its container shipping service. PIL Intermodal Services offers train, truck and barge...
Spirit of Tasmania IV reaches new milestone
SPIRIT of Tasmania IV’s keel was laid on Friday (28 October). Shipbuilder Rauma Marine Constructions hosted a keel-laying ceremony for the vessel at its facility in Finland....
Maersk Air Cargo's first flight takes off
MAERSK Air Cargo, the shipping company's new freight division, is taking off today (31 October) with the first trans-Pacific flight. The inaugural service will operate between...
Baltic Exchange weekly market report
THE BALTIC Dry Index last week saw a downturn. The index started the week at 1797 (slightly down on the previous week) and on Friday (28 October) the BDI hit 1534 – a decrease of...
IMO and WISTA International launch platform to diversify industry panels
THE INTERNATIONAL Maritime Organization and Women’s International Shipping and Trading Association have launched a speakers platform aimed at diversifying the voices on industry...
Inspection delays and trapped seafarers an issue for Black Sea corridor
THE BLACK Sea Grain Initiative facilitating the export of cargo from Ukrainian ports is struggling to keep up with the inspection of inbound and outbound ships. According to the...
DSV posts significant profit growth for Q3 2022
DANISH transport and logistics company DSV has reported increases in profit across its divisions for the third quarter of 2022. In the first nine months of the year, gross profit...
Logistics company reports “best-ever nine-months results”
SWISS logistics company Kuehne+Nagel reported its “best-ever nine-months results” yesterday. The company said in the first nine months of 2022 its net turnover increased by 40% to...
ICS proposes fund to award low-emission fuel first movers
THE INTERNATIONAL Chamber of Shipping has announced proposals to accelerate the maritime sector’s transition to net zero by financially rewarding ships and energy producers that...
HRAS asks: Is the global maritime sector effective in human rights implementation?
SIGNIFICANTLY more investment and development is needed to increase the implementation of the UN Guiding Principles on Business and Human Rights in the global maritime sector,...
Baltic Exchange weekly market report
THE BALTIC Dry Index rounded out last week at 1819. The BDI since the start of October has been fairly stable, meandering around between a low of 1788 (on 3 October) and a high of...
OPINION: The UK’s new legislation on paperless trade
AS READERS would be aware, there is currently significant work being conducted around the world aimed at modernising and facilitating trade. Part of that work includes attempts to...
Seafarer vaccination rates up, crew change in China still a problem
THE NUMBER of seafarers able to leave their vessels has improved in the past months, but Covid restrictions in China are still causing crew change problems. The first Quarterly...
PacTow GM takes on English Channel swim for charity
PACIFIC Towing general manager Neil Papenfus could next year become the first person from Papua New Guinea to attempt to swim across the English Channel. Mr Papenfus plans to...
