Spotlight on: Seafarers Welfare Award
2024 Sponsor THE past year has seen the already tough job of being a seafarer get not only tougher, but also more dangerous. The situation in the Red Sea has seen seafarers killed...
World Container Index falls by 8%
DREWRY’S World Container Index took another steep tumble this past week. The composite index decreased 8% to US$4775 per 40-foot container on 5 September. The index is now 54%...
Baltic Exchange weekly report
THE BALTIC Dry Index ended the week on a small uptick, landing at 1941 on Friday 6 September. The Baltic Dry Index for the week ending Friday 6 September 2024. Source: Baltic...
Baltic Exchange weekly report
THE BALTIC Dry Index climbed as high as 1827 this past week before dipping to 1814 on Friday 30 August. The Baltic Dry Index for the week ending Friday 30 August 2024. Source:...
World Container Index continues to tumble
DREWRY’S World Container Index decreased again this past week, dropping 3% to US$5181 per 40-foot container. The latest figure is 50% below the previous pandemic peak of US$10,377...
Air cargo demand continues to rise in July
GLOBAL air cargo demand is still growing, according to the International Air Transport Association, due in part to constraints in shipping. The latest monthly air cargo statistics...
Papua New Guinea
PAPUA New Guinea is playing a waiting game. It is waiting for the long-anticipated construction phase of the country’s second major LNG development, the TotalEnergies-led and...
Another positive month for Melbourne container trade
PORT of Melbourne’s total container throughput increased again last month. The latest monthly trade report indicates container trade was up 2.1% to 282,000 TEU in July this year...
World Container Index falls by 2% again
DREWRY’S World Container Index has again decreased by 2% this week, falling to US$5319 per 40-foot container. The latest Drewry WCI composite index of US$5319 per 40-foot...
Baltic Exchange weekly report
THE BALTIC Dry Index landed at 1762 on Friday 23 August – a slight decline compared with the previous day but an increase from the previous Friday (1691). The Baltic Dry Index for...
Shadow minister addresses industry at SAL parliamentary lunch
PRODUCTIVITY and connectivity underpinned an address to the shipping industry by shadow minister for transport and infrastructure Natalie Ward this past week. Ms Ward addressed...
PPA July throughput consistent with last year
PILBARA Ports Authority has reported a total monthly throughput of 59.8 million tonnes in July 2024. The latest monthly figure is consistent with total throughput handled in July...
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week on 1691 – a decrease from the 1728 reached in the middle of the week but higher than the 1670 posted on the previous Friday. The Baltic...
Call for Fremantle marine business of the year nominations
THE FREMANTLE Chamber of Commerce is expecting maritime businesses to play a major part in its just-announced “People’s Choice” Business Awards 2024. Last year several marine...
Baltic Exchange weekly report
THE BALTIC Dry Index fell to 1670 on Friday 9 August after a small increase in the middle of the week. The Baltic Dry Index for the week ending Friday 9 August 2024. Source:...
