Logistics company buys schooner to transport coffee
COSTA Rica-based logistics company Sailcargo has bought the 111-year-old wooden schooner Vega Gamleby to transport cargo between Colombia and the US. The Swedish-flagged vessel is...
Aussie company moving ahead with hydrogen export vessels and port design
ASX-listed Provaris Energy has announced a package for a new compressed hydrogen carrier is expected to be complete in June, with approval for construction of the vessel expected...
Shipowners and unions agree new three-year minimum wage for seafarers
SEAFARERS’ unions and shipowners have agreed on a new three-year global minimum wage deal to safeguard financial stability for seafarers. The maritime transport sector is...
Survey highlights gender imbalance in maritime sub-sectors
A REPORT from the International Maritime Organization and the Women’s International Shipping & Trading Association has found women account for only 29% of the overall maritime...
Colossal amount of renewable energy is required to decarbonise shipping
NEW data has revealed how the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use....
CMA CGM makes big foray into air cargo with partnership
The Air France-KLM Group and CMA CGM on Wednesday signed a partnership deal that the two companies say will combine their complementary cargo networks. Under the 10-year agreement...
Shipping industry agrees on MLC amendments to improve life at sea
THE MARITIME Labour Convention 2006 may soon be amended to improve the living and working conditions of the global seafaring workforce. The International Labour Organization...
Unions "disappointed" by apparent shortcomings of MLC updates
SEAFARERS’ unions have expressed disappointment over an update to the Maritime Labour Convention 2006 following the recent announcement of eight amendments agreed on by industry....
IMO adopts guidelines against wildlife smuggling
THE INTERNATIONAL Maritime Organization has reportedly adopted new guidelines to combat criminal networks exploiting maritime supply chains to traffic wildlife. According to...
Teekay’s profits down, but revenues up in the past quarter
TEEKAY’s quarterly results for the three months to 31 March were down slightly on the prior quarter, but its tanker business saw an uptick in revenues due to higher tanker spot...
Swire Shipping joins World Shipping Council
SINGAPORE-based carrier Swire Shipping has joined the World Shipping Council and the company’s CEO, Jeremy Sutton, was elected as a representative to the council’s board. WSC...
Nautical Institute celebrates 50th anniversary onboard James Craig
THE NAUTICAL Institute celebrated its 50th anniversary in Darling Harbour on Thursday night onboard James Craig, a restored 19th century barque. The global body for maritime...
600 displaced I-Kiribati seafarers repatriated
MORE than 600 seafarers from the Republic of Kiribati have reportedly returned home after becoming stranded overseas due to crew change complications. Many of the seafarers were...
Australia among the worst countries for crew change and shore leave, ICS says
A REPORT from the International Chamber of Shipping has identified Australia as responsible for some of the worst treatment of seafarers during the COVID-19 pandemic. The Perfect...
Hapag-Lloyd reports huge Q1 profits
HAPAG-Lloyd reported substantial profits for the first quarter of 2022. The company’s first quarter EBITDA was US$5.3 billion (€4.7 billion). Its EBIT rose to US$4.8 billion (€4.3...
