Baltic Exchange market report
The Baltic Dry Index last week slightly down after minor ups and downs. The index started the week at 1944 on 10 October, which was the high point for the week. It declined...
Shipping company welcomes new leader
WALLENIUS Wilhelmsen has appointed a new chief operating officer shipping. Xavier Leroi has worked with the shipping company since 1997 and was most recently its chief customer...
Piracy incidents at lowest levels in three decades
THERE were only 90 reports of piracy and armed robbery against ships in the first nine months of this year, according to the International Chamber of Commerce International...
AAL expands fleet
AAL SHIPPING has grown its multipurpose cargo vessel fleet over the past months with several new acquisitions. Last month the company took delivery of AAL Gunsan (ex-BBC America)....
Geodis acquires contract logistics company
TRANSPORT and logistics company Geodis has completed its acquisition of Need It Now Delivers, an American contract logistics specialist. Need It Now Delivers is based in New...
Fleet Hotspot crew network receives innovation award
A CREW connectivity initiative developed by Inmarsat has been awarded for innovation at the Seafarers Awards 2022 in Singapore, hosted by Mission to Seafarers Fleet Hotspot is an...
Marine insurance merger takes step forward
APPROVALS from competition and regulatory authorities have moved forward a plan to merge P&I clubs North and Standard Club to establish NorthStandard. The launch of NorthStandard...
IMO to ban dumping of sewage sludge at sea
DUMPING of sewage sludge at sea will soon be prohibited worldwide following an amendment to the London Protocol treaty. The London Protocol is the modernised version of the...
IMO launches energy efficient technology guide
THE INTERNATIONAL Maritime Organization has launched a guide and assessment tool to help shipowners and operators navigate energy efficient technologies available to them. A...
New welfare service supports Ukrainian seafarers through trauma
GLOBAL seafarers’ charity Stella Maris has launched a service providing mental health support to Ukrainian crewmembers and their families. The support service was set up to help...
Dutch national arrested in connection to Australian drug smuggling case
THE NATIONAL Police of the Netherlands – acting on intelligence provided by the Australian Federal Police and the Belgian Judicial Federal Police – have arrested a 54-year-old man...
Air cargo markets "relatively stable" amid economic uncertainty, IATA says
GLOBAL air cargo market data for August has highlighted the industry’s resilience amid economic uncertainties, according to the International Air Transport Association. The latest...
Container lines’ schedule reliability improves
CONGESTION issues have essentially been cut in half, compared with the situation in January 2022, according to consultancy Sea-Intelligence. In August, 7.9% of the global fleet...
Container packing guide gets update
THE CARGO Integrity Group has updated its Quick Guide to the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (CTU Code). The group of seven industry...
Maersk orders six big methanol-ready containerships
A.P Moller – Maersk has ordered six ocean-going containerships that can use methanol as a fuel. The vessels will have a nominal cargo capacity of about 17,000 TEU. They will...
