News
$155 million drug haul intercepted at Port Botany
FOUR people have been charged over their alleged involvement in a $155 million drug shipment stashed inside a shipping container that arrived at Port Botany earlier this month....
Government supports empty container park trial in Melbourne
THE Victorian government has backed an initiative to enhance productivity in the truck arrival interface at empty container parks, and the plan involves participation from...
Austal posts revenue drop in FY22
AUSTRALIAN shipbuilder Austal has posted its second-highest EBIT on record for the 2022 financial year, but a drop in revenue. The latest financial results suggest Austal’s...
Shipping association pushes GHG proposals to IMO
THE World Shipping Council has made suggestions to the International Maritime Organization to ensure GHG regulations adequately drive the industry’s transition to alternative...
Maersk and container manufacturer terminate divestment agreement
MAERSK has announced its US$987 million divestment agreement with China International Marine Containers has fallen through. In September last year, A.P. Moller – Maersk confirmed...
Record $1.6 billion drug bust at Port Botany
POLICE and border authorities have executed a record-breaking drug bust after a tonne of methylamphetamine was found sealed inside shipping containers arriving at Port Botany. The...
NSW Ports calls for stronger rail freight networks
NSW Ports has called for greater investment in rail infrastructure to enhance connectivity between regional producers and the state’s ports. Private investment in the state’s...
Brown Marmorated Stinkbug season is almost here
BORWN Marmorated Stinkbug season is fast approaching, putting the shipping industry and its stakeholders on high alert. Between 1 September 2022 and 30 April 2023, seasonal...
MOL secures deals for six new LNG-fuelled ships
MITSUI O.S.K. Lines has announced plans to build six new ships that will use liquefied natural gas as their main fuel. MOL has signed a construction deal for four new capesize...
WA welcomes milestone on LNG export project
NATURAL gas producer Woodside Energy has commenced construction on a gas-transporting train as part of an LNG export project on the Western Australian coast. The new train is the...
Qantas Freight strong despite group's $1.9 billion loss
DESPITE reporting a loss before tax of $1.9 billion, Qantas said its air freight subsidiary has posted a record annual performance. Qantas released its results for the 2022...
New air freight carbon offset program launched
CATHAY Pacific has introduced a carbon offset program for air freight, powered by a carbon emissions calculator. The program, Fly Greener, follows the launch of Cathay Pacific’s...
NSW invests $65 million in biosecurity measures
THE New South Wales government has announced a $65 million funding package to boost biosecurity mitigation measures. The intent of the new package is to fast-track the development...
Hapag-Lloyd to upgrade 150 ships
HAPAG-Lloyd has announced plans to upgrade 150 ships to technically modernise its fleet and reduce carbon emissions. The launch of the company’s Fleet Upgrade Program follows the...
Container trade volumes up at Port of Melbourne
PORT of Melbourne has reported strong container volumes in July, ahead of the traditional peak season. Total container throughput reached 285,561 TEU last month, up 3.7% on...
