Kerry Logistics posts 2021 net profit increase of 102%
Third-party logistics provider Kerry Logistics reported a robust profit growth in 2021. The company’s core net profit increased by 102% to HK$3.7 billion ($628 million), according...
Black Sea mines a threat to safety of seafarer evacuations, HRAS says
HUMAN Rights at Sea has responded to the suggestion of a safe maritime corridor to evacuate seafarers from dangerous ports and waters around Ukraine, highlighting the threat of...
New Texas to Vic air route supports US-Aus trade
QANTAS has announced a new route and expanded services between Melbourne and the US, which it said would boost trade with Victoria’s second-largest trade partner. A new direct...
Maersk to boost green fuel production
MAERSK and Egyptian authorities have entered into a partnership agreement to explore the establishment of large-scale green fuel production in Egypt. The memorandum of...
New CEO for Maersk division behind TradeLens
GTD Solution, the Maersk division behind blockchain technology platform TradeLens, has announced a transition in the CEO role. After a career spanning more than three decades in...
Analysis highlights impact of skipped ports and blank sailings
A NEW report exploring capacity restrictions resulting from skipped port calls and blank sailings has found global ports lost more than a third of their expected capacity to ship...
IAG Cargo re-opens LHR-SYD route
INTERNATIONAL Airlines Group cargo division IAG Cargo has restarted its London Heathrow to Sydney route for the first time since the COVID-19 pandemic began. The route will...
The week in bulk: a mixed bag across geographies
THE Baltic Dry Index saw a slight decline before levelling out last week. On Friday (25 March), the index was 2544. This was a decrease of 2% on the previous Friday’s number,...
Unions and shipping group co-ordinate evacuation of Ukrainian seafarers
SEAFARERS evacuated from Ukraine will be provided with safe accommodation in Romania and Poland under an initiative arranged by two workers’ unions and a ship management company....
DHL Global Forwarding acquires J.F. Hillebrand for $2.2bn
DEUTSCHE Post DHL Group closed the acquisition of ocean freight forwarding specialist J.F. Hillebrand Group and its subsidiaries for €1.5 billion ($2.2 billion). The companies had...
ONE outlines strategy for fleet upgrades and decarbonisation
OCEAN Network Express has announced its intentions to invest significantly in terminals, green shipping, and digitalisation by 2030 under a US$20-billion investment plan. The...
WTO and ICC issue toolkit for trade digitisation
THE WORLD Trade Organization and the International Chamber of Commerce recently published a toolkit that aims to help companies and government agencies adopt available standards...
ITF photography project to depict Ukraine war from seafarers’ perspectives
THE International Transport Workers’ Federation Seafarers’ Trust has launched a photography project highlighting how the war in Ukraine has impacted seafarers. War in Ukraine:...
Partnership agreement to expand trade and investment with the UAE
TRADE relationships and export opportunities between Australia and the United Arab Emirates are expected to grow under a potential comprehensive economic partnership agreement...
IAG cargo partners with cargo.one
IAG Cargo, the cargo division of International Airlines Group (IAG), and managed marketplace for digital air cargo bookings cargo.one today announced a global partnership to bring...
