NZ merger worries Maersk

Port Otago’s 2023/24 financial report reveals a 30% increase in net profit, reaching NZ$ 30.4 million (US$ 19 million), driven by four core business units.

Maersk Line Limited will revise its safety reporting policies and compensate a seaman terminated for reporting safety concerns to USCG without prior notice to the company.

AIPH has signed a 30-year deal with the Tanzania Ports Authority to manage Dar es Salaam’s Container Terminal 2, which handled 820,000 TEU in 2023.

Total bulk cargo volumes of 861,000 tonnes were down 6% for the six months, due to log volumes being 7% lower at 504,000 tonnes.

The attack on the UK-registered and Belize-flagged general cargo ship RUBYMAR on 18 February reveals that the crisis in the Red Sea is far from being resolved and that the role of the naval protection force appears limited.

The Washington (DC) headquartered World Shipping Council, which represents the interests of the world’s main liner shipping companies, has proposed a new pricing system that it believes can close the gap between the price of fossil fuels and green fuels.