Jim Wilson

Towage company Svitzer was admitted to trading and officially listed on Nasdaq Copenhagen at at 9am Copenhagen-time on 30 April 2024 with a billion US dollar market cap under the stock market ticker symbol: “SVITZR“. The company listed at 200 Danish Kroner per share (AUD$43.75), giving it a market cap in excess of $1 billion....

A groundbreaking five-year mangrove research and rejuvenation program Project Halophyte has been launched in the Fiji capital Suva with support from Swire Shipping. Project Halophyte will develop innovative floating mangrove pontoons and undertake environmental restoration in partnership with local communities along the coast of Fiji’s main island Viti Levu. The collaboration between UNSW Sydney and...

IMO’s Legal Committee has finalized a new set of guidelines to ensure seafarers are protected against unfair treatment if detained in foreign jurisdictions on suspicion of committing a crime. The fair treatment of seafarers was high on the agenda of the Legal Committee’s 111st session, which took place from 22 to 26 April at IMO...

IMO’s “TEST Biofouling” project to tackle the transfer of invasive species via ship’s hulls will extend beyond its original terms after the IMO and the Norwegian Agency for Development Cooperation signed a no-cost extension. The project will be extended until 31 December 2026. The TEST Biofouling project reports that “scientific research is increasingly showing that...

Bullying, abuse, perceptions for the potential for harassment, isolation, prejudices, limited access to vocational education / training and employment difficulties are some of the difficulties faced by Chinese female seafarers, researchers at Dalian Maritime University, China, have revealed. Although noting that there has been “tangible progress toward gender diversity and inclusiveness, researchers Wenyu Lyu and...

AET, a Malaysian tanker operator has announced that it has entered into two time charters with PETCO Trading, a wholly owned subsidiary of PETRONAS, the Malaysian state energy company, for two ammonia-powered dual-fuel Aframaxes. An “aframax” is an oil tanker with a deadweight between 80,000 and 120,000 tonnes. AET also signed shipbuilding contracts with Dalian Shipbuilding...

An anti-modern slavery event was held in Wollongong earlier this week, at the Bluescope Steel Visitor Centre at Port Kembla earlier this week, at which Shipping Australia attended. The event featured guest speaker Dr James Cockayne, NSW Anti-slavery Commissioner. Dr Cockayne is the first commissioner appointed to the role on a full-time basis; his 5-year...

Accurate verified gross mass (VGM) plays a critical role in ensuring containerships are loaded safely and that containers can be reliably secured. The Australian Maritime Safety Authority (AMSA) would like to ensure shippers of containers are accurately measuring VGM through one of the two accepted methods, and that VGM is accurately and reliably recorded on...

On 13 April 2024, members of the Iranian Revolutionary Guard Corp fast-roped from a helicopter to seize a container ship, the MSC Aries, approximately 15 nautical miles northwest of Fujairah, United Arab Emirates, and then diverted the vessel into Iranian territorial waters. The International Chamber of Shipping released the following statement: The International Chamber of...

A joint industry open letter has been sent to the United Nations Secretary General – His Excellency Antonio Guterres – calling for assistance following the seizure of the MSC Aries on Saturday 13 April. 16 maritime industry associations and social partners (ASA, BIMCO, CLIA, ECSA, INTERCARGO, INTERMANAGER, INTERTANKO, IAPH, ICS, IFSMA, IMCA, IMEC, IPTA, ITF,...