Baltic Exchange Chairman issues special Coronation message

Ahead of King Charles III’s Coronation on Saturday, Baltic Exchange Chairman Lord Mountevans this week issued a message on behalf of the Baltic Exchange and its members from around the world, extending sincere congratulations and best wishes to King Charles III. The Baltic Exchange has a strong affiliation to the Royal Family, he pointed out, […]

US report provides recommendations to improve methods of calculating GHG emissions

The US-based Blue Sky Maritime Coalition (BSMC) has released a new report which provides key recommendations to help standardize approaches to help make greenhouse gas (GHG) calculations consistent, reliable and transparent. “To understand the full extent of a challenge, it is critical to be able to clearly identify the problem and have accurate and consistent […]

IRS highlighted maritime services and forged stronger relationships at SMW 2023

Classification society Indian Register of Shipping (IRS) hosted its 6th Singapore Advisory Committee Meeting (pictured) and Customer Meet during last week’s Singapore Maritime Week (SMW), as well as exhibiting at Sea Asia. In addition, the company met with the Indian High Commissioner to Singapore, His Excellency Mr P. Kumaran, and Mr Teo Eng Dih, Chief […]

Ports of Mannheim and Rotterdam sign logistics partnership

In the coming years, the ports of Mannheim and Rotterdam will step up cooperation in making the logistics chain between the two ports more sustainable and digital. To reinforce these plans, Uwe Köhn (pictured, left), Port Director of Hafen Mannheim and Matthijs van Doorn (right), Commercial Director of the Port of Rotterdam Authority recently signed […]

SPC and SNEC Chairs affirm collaboration to strengthen Asian Voices towards safe shipping

The Shipping Policy Committee (SPC) and Safe Navigation and Environment Committee (SNEC) of the Asian Shipowners’ Association (ASA), held a joint meeting for the first time today to discuss environmental and navigational safety issues, whilst taking into account the impact of economic and shipping policy considerations on aspects of their work. There are five Standing […]

ONE posts 10% decline in profits for FY 2022

The ONE (Ocean Network Express) full-year result for Financial Year 2022 was US$14,997 million, a decrease of US$1,759 million (10%) from the previous year. The liner operator points out that strong market conditions continued during the 1H, but in 2H “the market weakened quickly due to the recovery of tonnage availability as a result of […]