News
Global Maritime Forum annual summit unpacks 2022 challenges
DECARBONISATION, human sustainability and the benefits of global trade were at the forefront of discussions during the Global Maritime Forum 2022 Annual Summit last week....
Allianz Trade reports a record year for container shipping
THE container shipping sector is heading for another year of record revenue while freight rates remain elevated, according to a new report from the Allianz Trade Economic Research...
Celebrating World Maritime Day 2022
WORLD Maritime Day this year will be marked by landmarks lit up in blue to promote global discussion around shipping and the technology driving its sustainable transition....
Australia marks World Maritime Day with illuminations and a big announcement
THE Australian maritime industry and other shipping nations around the world celebrated World Maritime Day 2022 on Thursday, and the technology that supports greener shipping. In...
WiseTech’s CargoWise integrates with Air Canada Cargo
WISETECH Global has added Air Canada Cargo to its network. The Australian tech company said this connection would enable its customers to choose, book, confirm and change...
Austal launches its largest ferry ever
AUSTAL Philippines has announced the launch of the largest ferry ever constructed by an Austal shipyard. The 115-metre high speed ro-pax ferry Express 5 was constructed for Danish...
Australian and Indian business leaders meet for trade talks
A GROUP of Australian business leaders have travelled to India to step up engagement with one of the world’s fastest growing economies. Organised by the Australian Trade and...
Toll welcomes new Global Forwarding president
Toll Group has appointed Matthew Warrington president of the group’s Global Forwarding division. Mr Warrington joined Toll 18 months ago to lead the company’s strategy function....
UNCTAD warns shipping of "rougher seas ahead" as crises evolve
THE United Nations Conference on Trade and Development has told the shipping industry it faces “rougher seas ahead” during what it describes as a historic moment of crisis. UNCTAD...
The week in bulk: Capesize market lurches upwards
THE Baltic Dry Index last week continued to climb up from the nadir it hit late last month. On Friday the BDI was at 1816, up from the low of 965 on 31 August. A climb up from a...
AMSA leads Indian Ocean search and rescue exercise
AN INTERNATIONAL exercise led by the Australian Maritime Safety Authority has helped prepare maritime nations bordering the Indian Ocean for search and rescue operations....
Ceva and HMM enter partnership deal
CEVA Logistics has signed an agreement with South Korean shipping company HMM to connect more shippers with ocean capacity. The agreement will remain in place until 2025, bringing...
Marine insurance premiums rose for the past two years
GLOBAL marine insurance premiums were up in 2020 and 2021, but clouds are gathering for 2022. The International Union of Marine Insurance (IUMI) on Monday presented its analysis...
Containers overboard after Sea Eagle sinking
GENERAL cargo ship Sea Eagle sank while cargo was being offloaded at the Turkish port of Iskenderun this week. According to reports, from 17 to 24 containers went overboard and...
Maersk Tankers restructures business, welcomes new leaders
MAERSK Tankers will soon welcome two new executive leaders as it prepares to divide its commercial business into three strategic areas. Maersk Tankers manages chartering, partner...
