News
MSC's fledgling Eagle to fly revised rotation
MEDITERRANEAN Shipping company has issued an updated rotation for its standalone Eagle service from Australia and New Zealand to East Coast USA, due to commence in February 2026....
Wallenius finds use for older PCTCs
SWEDEN’s Wallenius Lines has acquired two 30-year old PCTCs from its joint venture company Wallenius Wilhelmsen Logistics with the stated aim of increasing the country’s defence...
Japan boasts ammonia engine breakthrough
MANUFACTURER Japan Engine Corporation (J-ENG) is claiming the first fully-functional full-scale commercial engine running on ammonia. Image: Japan Engine Corporation The...
Trusted insiders found untrustworthy
A LAW enforcement taskforce has uncovered a group of container supply chain “trusted insiders” facilitating drug imports in Sydney. The Multi-Agency Strike Team, comprising...
Prysmian receives Marinus Link nod
ITALIAN power cable manufacturer and layer Prysmian has received a formal Notice to Proceed with the Marinus Link between Tasmania and Victoria. The $5.5 billion project, which...
ABC investigation discovers Spirit IV stress
INVESTIGATIVE work by the ABC in Tasmania has uncovered the machinations behind efforts to find interim employment for the first of TT Line’s new Bass Strait ro-paxes, Spirit of...
Approval for Tasmanian windfarm
THE FEDERAL Government on Friday [29 August] approved a contentious windfarm for an island off Tasmania’s far north-west coast, over-ruling vocal local opposition. The $3 billion...
Hutchison orders Botany giants
HUTCHISON Ports Australia has placed an order for two post-Panamax STS cranes for its Port Botany terminal that will enable the handling of 15,000 TEU ships. The custom ZPMC...
COSCO cites “outstanding” first half performance
IN THE face of a highly uncertain external environment COSCO SHIPPING Holdings achieved an outstanding operational performance, resilient growth and retention of a sound financial...
Volumes drive strong Tauranga result
VIRTUALLY every key metric was in positive territory for the Port of Tauranga in FY 2025, according to results released today. Total trade increase 7% on the previous year, to...
HPA joins early settlers
HUTCHISON Ports Australia has joined peers VICT and Patrick in reaching a new four-year enterprise agreement with maritime unions. This EA has also been achieved without...
China-Australia rates hit 24-week high
TRENDS continue to diverge in container freight rates as the Drewry World Container Index maintains its downward spiral while those on Australia’s premier trade lane continue to...
Tauranga’s expansion court in another delay
AN APPARENT legislative failure has further frustrated Port of Tauranga’s 23-year-long effort to expand. The current project, which has been repeatedly bogged down in red tape,...
Port of Auckland beats expectations
A 55% INCREASE in underlying net profit after tax has highlighted Port of Auckland’s 2025 financial results, setting a new record of NZ$85.4 million. PoA says it has surpassed...
VICT settles new four-year EA
VICTORIA International Container Terminal has signed a new enterprise agreement with local unions covering the entirety of its operations until March 2029. The agreement, which...
