News
Record volumes fuel ZIM success
RECORD carried volumes helped global container line ZIM Integrated Shipping Services to its best-ever results in 2024. In its 2024 and fourth quarter financial report released on...
Chamber says bleak picture if gas is jeopardised
THE CHAMBER of Commerce and Industry in Western Australia has sided with Woodside in a review into the state’s gas sector which paints a bleak picture if gas supplies are...
Air cargo demand boosts Cathay profit
STRONGER air cargo demand has helped drive a profit for the Cathay Group of HK$8.8 billion for 2024. The solid performance was helped by higher passenger volumes, lower fuel...
PIL names container vessel Kota Embun in China
THE FIRST Pacific International Lines (PIL) vessel to carry a bow windshield was named in a ceremony in China this week. The Kota Embun is the fourth 14,000 TEU LNG dual-fuel...
Woodside boss makes plea for certainty
WOODSIDE Chief Operating Officer Liz Westcott has made a passionate plea for certainty from governments to provide North West Shelf gas approvals beyond 2030. Speaking to Energy...
Gold Valley to arc up iron ore rail
FREIGHT rail operator Arc Infrastructure will more than double its annual iron ore output from Gold Valley’s Wiluna West Iron Ore Project to the Port of Esperance in Western...
Austal raises $200 million for US expansion
SHIP BUILDER, Austal has raised $200 million to expand its US ship building capability at its Mobile, Alabama shipyard. The capital will be used to fund the FA2 infrastructure...
Hanseatic joins in on container expansion
HANSEATIC Global Terminals have joined the list of container lines expanding vertical penetration of the supply chain by acquiring a majority stake in terminal operator CNMP LH in...
North Sea collision highlights safety issues
A MAJOR collision in the North Sea between a cargo ship and a fuel tanker has highlighted the dangers of crowded sea lanes. The stationary tanker was carrying jet fuel for the US...
Port of Newcastle taking a step to Net Zero
AUSTRALIA’S coal capital, Newcastle, is taking another green step with the Port of Newcastle’s Clean Energy Precinct (CEP). The port has signed a formal advisory agreement with...
Pacific Adventure leaves Sydney with a bang
CRUISE liner P&O has marked its final voyage from Sydney Harbour with fireworks as its 92-year association with Australia comes to an end. P&O had its first permanent ship, the...
Landside services at Brisbane getting under way
WHILE flooding is causing devastation in low-lying regions of southern Queensland and northern NSW, container terminals and empty container depot at the Port of Brisbane are...
Svitzer records first year solo profit
THE END of marine services group, Svitzer’s 45-year association with A.P. Møller - Mærsk A/S ownership was marked with its first annual report. The 2024 report recorded a year of...
AUKUS diplomat joins Austal
SHIPBUILDER Austal has engaged former Australian Ambassador Paul Myler, who played a key role in negotiating the AUKUS defence pact. A distinguished diplomat with a three-decade...
New Zealand expansion for ACFS with Coda acquisition
THE ACQUISITION by ACFS Port Logistics NZ (ACFS) of Coda Group assets will give the operation the scale, resources, and growth opportunities required to excel in an increasingly...
