Container shipping market is turning a corner, analysis shows
GLOBAL container shipping turned a corner in the second quarter of 2022 according to a market review from the Global Shippers Forum and transport economics firm MDS Transmodal....
Wallenius Wilhelmsen to open new Queensland site
RO-RO specialist Wallenius Wilhelmsen is establishing a new equipment processing and technical services facility at the Brisbane Airport precinct. The site, which is scheduled to...
The week in bulk: Capesize revival
THE Baltic Dry Index showed some improvement over the past week after months of steady decline. The index ended the week at 1553, up from the previous Friday’s 1213. A turnaround...
Efficient yacht to be built on Incat Crowther’s design
AUSTRALIAN shipbuilding and engineering company Incat Crowther has partnered with YCTS to design Shadowolf, a single-hulled support yacht. The design is catamaran support yacht...
IMO working group tackles autonomous shipping questions
REGULATING maritime autonomous surface ships (MASS) has implications for safety, legal and facilitation instruments under the purview of the international Maritime Organization....
Black Sea shipping corridor continues to stabilise food markets
THE Black Sea Grain Initiative is continuing to stabilise global food markets, according to the United Nations Conference on Trade and Development. The initiative is a...
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...
