DHL says it has decarbonised its LCL ocean freight shipments
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, claimed it has “neutralised” carbon emissions for all its less-than-container load ocean...
World Container Index decreased very slightly last week
DREWRY’S composite World Container Index decreased by 0.5% to US$7727.84 per 40-foot container this past week. While the index decreased this week, it remains 41.2% higher than a...
Report examines pathway to use of ammonia fuel
A MARITIME Technologies Forum report shows a possible pathway towards the safe use of ammonia as a maritime fuel. The report, Preliminary discussion report on the use of ammonia...
IATA reports drop in global air-cargo demand
THE INTERNATIONAL Air Transport Association has reported a drop in demand in global air-cargo markets in its report on March data. Global demand, measured in cargo...
Initial design for new hydrogen carrier unveiled
C-JOB Naval Architects unveiled a new design for a liquid hydrogen tanker, developed in partnership with green hydrogen development company LH2 Europe. C-Job Naval Architects have...
Maersk reports colossal profits for Q1 2022
“THE BEST earnings quarter ever” is how A.P. Moller - Maersk CEO Søren Skou described his company’s first-quarter 2022 financial results. The company reported record results for...
500 seafarers remain trapped on vessels in Ukrainian ports: ICS
JUST fewer than 500 seafarers remain sheltered, awaiting evacuation onboard 109 ships at Ukrainian ports in the Black Sea and the Sea of Azov, according to data gathered by the...
Global schedule reliability improves slightly in March
SHIPPING data analyst Sea-Intelligence has reported an improvement in schedule reliability based on an analysis of 34 different trade lanes. It said global schedule reliability is...
Incat Crowther wins contract to design CTVs
AUSTRALIAN vessel designer Incat Crowther was awarded a three-vessel order from Windea CTV, a US-based operator of crew-transfer vessels. Two of the CTVs will be built by St Johns...
IMO adopts resolution to evacuate seafarers from Ukraine
THE INTERNATIONAL Maritime Organization has adopted a resolution to facilitate the evacuation of seafarers from the Black Sea and Sea of Azov. Adopted by the IMO Maritime Safety...
The week in bulk: Positive week for Capesize market
THE Baltic Dry Index remained fairly flat over the past week, showing very modest week-on-week gains. The BDI on Friday 29 April was 2404, up 4% on Friday the previous week (22...
Seafarers Happiness Index hits all-time low
SEAFARERS’ welfare and job satisfaction levels have reached an all-time low according to the latest data from the Seafarers Happiness Index. An initiative of the Mission to...
ONE reports astronomical full-year profits
OCEAN Network Express reported a record profit of US$16.8 billion for the 2021 financial year – this was an increase of US$13.3 billion, or 381%, on the previous year. ONE’s...
New initiative to support Ukrainian port workers
THE INTERNATIONAL Association for Ports and Harbors has joined forces with The Seafarers’ Charity to assist port workers and their families in Ukraine. The initiative reflects the...
Global Maritime Forum appoints new chair and board members
THE GLOBAL Maritime Forum has welcomed four new members to its board of directors, including a new chair. Jan Dieleman, president of Cargill Ocean Transportation, was elected...
