News
MARITIME COUNTRY PROFILE: Israel
The strength of Israel’s maritime industry has been tested over many years of conflict, but the ongoing Israel-Hamas war is testing shipping and supply chains ISRAEL’S borders...
MARITIME HISTORY: Safety and seaworthiness
January 1924 saw a decision in the US courts that employment of abusive officers could render a vessel “unseaworthy” SEAWORTHINESS – USA DECISION It has been held in England that...
IFCBAA calls for establishment of Australian Maritime Commission
THE INTERNATIONAL Forwarders & Customs Brokers Association of Australia is calling for the establishment of an Australian Maritime Commission. The concept of a dedicated...
Baltic Exchange Weekly Report - 26 Feburary 2024
THE BALTIC Dry Index landed at 1518 on 26 January, ending the week with the same number it began on. The Baltic Dry Index through Friday 26 January. Source: Baltic Exchange...
New product development director for Provaris
ASX-listed developer of hydrogen transportation systems Provaris has appointed Garry Triglavcanin as product development director. Mr Triglavcanin is at the same time stepping...
Red Sea crisis causes second-largest capacity drop: Sea-Intelligence
SHIPPING data analyst Sea-Intelligence has reported a major capacity drop as the Red Sea situation escalates. Data suggests the decline in capacity is the second largest since...
World Container Index continues to skyrocket
THE DREWRY World Container Index increased by 23% to US$3777 per 40-foot container this past week. The composite index has increased by 82% when compared with the same week last...
Baltic Exchange weekly report
THE BALTIC Dry Index declined during the first half of the week before an uptick on Thursday and Friday. The index ended the week at 1503 on Friday (19 January). The Baltic Dry...
AiP issued for maritime hydrogen fuel cell system
CLASSNK has issued an approval in principle for a maritime hydrogen fuel cell system developed by Japan’s Yanmar Power Technology. The classification society said this is the...
Red Sea situation impacting ag sector logistics
TRADE logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to...
Construction on Inland Rail section to commence
WORKS on the Inland Rail Stockinbingal to Parkes project will kick off for 2024 with construction to commence at the Daroobalgie and Wyndham Avenue sites later this month. Rail...
New leadership and regional structure at Röhlig
RÖHLIG Logistics has appointed Christoph Passek as managing director for China and Hong Kong. The logistics company has also assigned four area general managers to a new regional...
New CCO for global port agency firm
GLOBAL port agency and marine services company Inchcape Shipping Services has appointed Svend Stenberg Mølholt as chief commercial officer, effective 9 January. Mr Mølholt has...
Logs shift to rail in Tassie
OVER the past decade, there has been a 10-fold increase in logs transported by rail in Tasmania, according to the state government. From a base of a little more than 20,000 tonnes...
ICTSI commits to 2050 net-zero for scope 1 and 2 emissions
INTERNATIONAL Container Terminal Services has committed to achieving net-zero greenhouse gas emissions for its scope 1 and 2 emissions by 2050. ICTSI is the owner of the Victoria...
