Schedule reliability in May slightly lower than 2021 levels
THE LATEST data from shipping analyst Sea-Intelligence suggests global schedule reliability is currently between 30% and 40%, following a trend seen in 2021. It said schedule...
Swire Shipping affiliate acquires Westwood Shipping Lines
SWIRE Shipping affiliate SSPL US has concluded the acquisition of independent vessel operator Westwood Shipping Lines. Westwood services the Transpacific trade as a multipurpose...
Various factors contributing to skyrocketing container road transport costs
A CONFLUENCE of factors is driving up the cost of container road transport in Australia, according to Container Transport Alliance Australia. Increasing costs for fuel and fuel...
The end of the IFAM program
THE INTERNATIONAL Freight Assistance Mechanism has seen its last supported flights flown as the program draws to a close today, 30 June. IFAM was established by the federal...
Ukraine war increasing shipping costs, stifling trade: UNCTAD
THE war in Ukraine is stifling trade and logistics is stifling trade and logistics in the wider Black Sea region, which is increasing global vessel demand and the cost of shipping...
DSV reports strong Q1 2022 results despite war and supply chain disruptions
FREIGHT forwarder DSV has outlined its latest financial results against the backdrop of supply chain disruptions caused by COVID-19 lockdowns and the conflict in Ukraine. DSV...
Analyst reports spike in service contacts filed with US maritime commission
OCEAN freight analyst Sea-Intelligence has reported a sharp increase in service contracts filed with the Federal Maritime Commission in the United States. According to...
Change at the top in Wallenius Wilhelmsen
WALLENIUS Wilhelmsen executive vice-president and chief operating officer shipping services Erik Noeklebye is stepping down and moving on. Mr Noeklebye said: “25 years in the...
Swire Bulk launches liner service between South East Asia and Europe
SWIRE Bulk is launching its first liner service between South East Asia and Europe, with one or two vessels deployed on a monthly rotation. The new service will load cargo in...
Zim invests $6 million in AI tech company
ZIM Integrated Shipping has closed a $6 million investment in artificial intelligence technology company Data Science Consulting Group (DSG), a step for AI technology in maritime....
Australia celebrates Day of the Seafarer
THE MARITIME industry, its stakeholders and supporters celebrated Day of the Seafarer 2022 in Australian ports and around the world on Saturday 25 June. Day of the Seafarer was...
Getting to Zero Coalition outlines maritime decarbonisation plan
A COALITION of maritime value chain representatives gathered in Copenhagen last week to establish a concrete plan to fully decarbonise the maritime sector by 2050. The Getting to...
Global decarbonisation taskforce established at ICS summit
INDUSTRY leaders and government representatives have established a taskforce to co-ordinate the shipping industry’s decarbonisation efforts. The taskforce was set up at the...
New logistics alliance to launch supply chain data platform
FEDEX and supply chain visibility company FourKites have joined forces to create a new end-to-end supply chain visibility platform called FourKites X. The new platform will be...
Day of the Seafarer 2022 celebrates maritime journeys
JUNE 25 marks the international Day of the Seafarer, an annual celebration recognising the contribution of the global maritime workforce. Day of the Seafarer 2022 will be...
