Shipping News
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Future of autonomy centre stage at Nor-Shipping with an international summit
The Third International Ship Autonomy and Sustainability Summit have confirmed it will take place at Nor-Shipping 2022 on 5 April. The event, organised in collaboration with Norwegian Forum for Autonomous Ships (NFAS) and EU’s Directorate-General for Transport (DG MOVE), gathers thought leaders, authorities, owners and other key industry stakeholders to…
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ONE to launch new North China Straits service
Ocean Network Express (ONE) is has unveiled a new addition to their offered services, connecting North China and the Straits. The new weekly North China Straits (NCS) Service, launching on 24 February from Xingang, China. NCS service rotation is as follows: Dalian – Xingang – Qingdao – Ningbo – Singapore…
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Maersk to expand its footprint in Bangladesh with a 200,000 sq. ft. custom bonded warehouse at Chattogram
Built-in a partnership with Ispahani Summit Alliance Terminals Limited (ISATL), the custom bonded warehouse will be the largest of its kind in Chattogram, contributing towards decongesting the logistics ecosystem and solving longstanding challenges for local exporters and overseas buyers. Dhaka, Bangladesh: A.P. Moller – Maersk (Maersk) is strengthening its operations…
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The International Group joins the Top Tier project on container losses
A series of incidents with exceptional container losses occurred during the winter season 2020-2021. The TopTier project was put in place by the industry to find ways to avoid similar incidents in the future. Initial Results show that parametric rolling in the following seas was especially hazardous. The International Group…
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Nor-Shipping 2022 Blue Economy Thought Leader interview – Gard
Sustainability shouldn’t be a consideration or an add-on issue, it should be at the very heart of all strategic decision-making for today’s ocean businesses. Leading marine insurer Gard sets out its core values ahead of Nor-Shipping 2022, with CEO Rolf Thore Roppestad and sustainability chief Live Jacob Sydness in the…
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DP World and Angolan Government sign MoU to explore developing the country’s logistics sector
The Angolan government has an ambitious plan for this sector, and through this MoU our primary objective is to find ways in which we can support the country to significantly maximize its strategic location and increase trade flows domestically and in the surrounding region. Sultan Ahmed Bin Sulayem, Group Chairman…
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Hapag-Lloyd achieves extraordinarily strong operating result in 2021
EBITDA and EBIT significantly higher than the prior-year level Freight rates are much higher owing to persistent excess demand Transport volume at the prior-year level On the basis of preliminary figures, Hapag-Lloyd’s earnings before interest, taxes, depreciation, and amortization (EBITDA) for the 2021 financial year increased to more than USD…
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Svitzer termination bid could risk Australian supply chains, harm Maersk reputation
An application by A.P. Møller–Mærsk’s towage subsidiary, Svitzer, to terminate its collective agreement with its entire Australian workforce could further deepen the country’s supply chain woes. Unions say the bid is an unfortunate, but major, a departure from Maersk’s generally constructive approach towards transport workers and their rights, witnessed in…
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Maersk Drilling secures contract extensions for Maersk Viking in Malaysia
Sarawak Shell Berhad/Sabah Shell Petroleum Corporation (SSB/SSPC) has executed two options on the previously announced contract that will employ the 7th generation drillship Maersk Viking offshore Malaysia. The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project, while the…
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