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...
Zim enters long-term LNG bunkering deal with Shell
ZIM has signed an LNG bunkering agreement with Shell to supply 10 LNG-fuelled vessels for the shipping company’s Container Service Pacific flagship service. The deal is a ten-year...
Hapag-Lloyd to install tracking devices on 1.6 million containers
HAPAG-LLOYD has commenced a major project to install tracking devices on its fleet of 1.6 million dry containers. The first of the devices are currently being installed at a...
Floating ammonia production unit awarded AiP
A CONCEPT for a floating production unit designed to produce green ammonia at sea has secured approval in principle from classification society DNV. The P2XFloater concept is...
Propulsion package secured for world's largest aluminium ship
CONSTRUCTION of the world’s largest aluminium ship is progressing in Tasmania with technology group Wärtsilä to supply a population package. The package includes engines,...
Risk, resilience, and global thinking the focus of Ports Australia conference
DISCUSSIONS at first full day of events at the Ports Australia Biennial Conference positioned Australia’s ports sector within the international maritime landscape and encouraged...
Maersk to build first-of-its-kind green warehouse
MAERSK has announced it is constructing a low-emissions contract logistics warehouse in Denmark, a first for the company. The warehouse will be constructed under a partnership...
