Is the 20-foot container on its way out? Drewry says no
THE 20-foot dry freight container is not going anywhere, according to maritime research consultancy Drewry. A-footer a contraction in output of newbuild 20-foot shipping...
DB Schenker up for sale
DEUTSCHE Bahn is putting its Schenker logistics business up for sail, according to a report from Reuters. An initial public offering and a direct sale were stated as options for...
Empty container problem is intensifying, analysts warn
DATA from shipping analyst Sea-Intelligence indicates the global “empty container problem” is intensifying. According to analysts, the transportation time between cargo being...
Wilhelmsen acquires cargo hold cleaning company
WILHELMSEN Ships Service has completed the acquisition of cargo hold cleaning specialist Stromme. The company is to transfer all its employees, business and assets to Wilhelmsen....
Seafaring community mourns death of Queen Elizabeth II
MARITIME charities and the shipping community are mourning the death of Her Majesty Queen Elizabeth II, who died on Thursday. Queen Elizabeth II was the patron of more than 500...
The week in bulk: BDI begins to climb
THE Baltic Dry Index appears to be continuing on an upward trend after last week dropping to its lowest point in more than a year. On Friday 9 September the index ended at 1213....
July air cargo demand tracking near pre-COVID levels
GLOBAL air cargo demand was tracking at pre-pandemic levels in July this year but still lower than it was 12 months ago, according to the International Air Transport Association....
DNV launches navigation system initiative
CLASSIFICATION society DNV has announced the launch of a new service designed to enable better performance and safety of navigational systems. DNV said it developed NAUTConnect in...
Heavy lift carrier to receive four carbon-neutral newbuilds
HEAVY lift and project cargo carrier SAL Heavy Lift has signed into a newbuilding program for four new generation, carbon-neutral heavy lift ships. Two additional, optional heavy...
Wallenius Wilhelmsen rolls out AI to reduce voyage emissions
WALLENIUS Wilhelmsen has developed an artificial intelligence-based approach to voyage optimisation, having implemented livestreaming of data onboard 65 vessels. The shipping...
Cross-industry collaboration crucial to fuel availability, report finds
CROSS-INDUSTRY collaboration could help overcome the “ultimate hurdle” of fuel availability in shipping, according to classification society DNV. The company explores the...
New communication data service "a turning point in maritime safety"
SATELLITE communications provider Inmarsat has launched a maritime data service to modernise safety communication in global shipping. The service, Fleet Safety, has been described...
CMA CGM launches US$1.5 billion fund for energy transition
CMA CGM is creating a US$1.5 billion energies fund to support the industrial production of new fuels and low-emission mobility innovations. The intent of the Special Fund for...
The week in bulk: A slight upturn after this week's plunge
THE Baltic Dry Index dropped to 965 on Wednesday (31 August), the only triple-digit day recorded in more than a year, before increasing slightly to 1086 on Friday 2 September. A...
Black Sea corridor has lowered global food prices, UN says
THE maritime corridor facilitating Ukrainian and Russian grain exports has shown “encouraging success”, according to the International Chamber of Shipping. The grain corridor was...
