News
MOL and Aussie institutes partner on CO2 shipping project
MITSUI O.S.K. Lines is one of three Japanese companies to have partnered with Australian research institutes to study the bulk transport of carbon dioxide by ship. MOL, Low...
WiseTech posts big revenue growth in FY23
WISETECH Global saw increases in revenue and profit in the 2022-23 financial year. The company’s total revenue for the 12 months ended 30 June was $816.8 million, up 29% on...
Pilots call off strike in Brisbane
PILOTS at the port of Brisbane have withdrawn plans for industrial action on Thursday. They had intended to stop work for 24 hours in a dispute against employer Poseidon Sea...
NYK buys stake in car terminal
NYK has acquired a 25% stake in an Indonesian car terminal operator. Patimban International Car Terminal (PICT) is based at the port of Patimban, which has been under construction...
PacTow GM's channel swim triples fundraising target
A FUNDRAISING swim across the English Channel by Pacific Towing general manager Neil Papenfus has raised more than three times the original target. Mr Papenfus is preparing to...
Infrastructure Net Zero initiative launched
SEVEN peak bodies and three federal agencies have launched Infrastructure Net Zero, a public-private decarbonisation initiative. The Australasian Railways Association; Roads...
Hope for container-market rebound: Container xChange
SUPPLY-chain leaders are hopeful of a container-market rebound, according to the latest Market Forecaster report from online logistics platform Container xChange. A majority of...
Silk Logistics posts revenue growth for FY23
SILK Logistics has reported a 24% increase in revenue for the 2023 financial year, to $488.6 million. The ASX-listed logistics company said its full-year revenue growth was...
New CEO at DHL Supply Chain Asia Pacific
DHL Supply Chain has appointed a new CEO for its Asia Pacific business as regional chief executive Terry Ryan resigns. Mr Ryan is retiring from DHL Group after more than 40 years...
Medlog to acquire Botany-based transport operator
MEDLOG has announced plans to acquire Port Botany-based transport operator Trojan Transport. Medlog, a logistics and supply chain operator, said the acquisition would complement...
Orient Overseas International revenue falls from great heights
ORIENT Overseas International has reported a decrease in revenue and profit in its interim results for the first half of 2023. The parent company of ocean carrier OOCL posted a...
Radioactive material seized after air-cargo detection
RADIOACTIVE isotypes were found at a property in Sydney after Australian Border Force officers detected “a range of illicit substances” being imported through air cargo, the ABF...
Poseidon pilots to strike in Brisbane
PILOTS at the port of Brisbane will go ahead with industrial action against their employer Poseidon Sea Pilots. Pilots represented by Australian Maritime Officers Union intend to...
NYK to develop Japan's first ammonia bunkering boom
NYK Line has agreed to take part in developing Japan’s first bunkering boom for ammonia. Under a basic agreement signed 16 August, NYK will work with TB Global Technologies, a...
July throughput down at Pilbara ports
PILBARA Ports Authority reported a drop in monthly throughput at its ports in July. It’s total throughput over the month came to 59.7 million tonnes, which was a 5% decrease from...
