Manawanui a NZD 77 million loss
NEW ZEALAND Government Budget Papers have revealed the former dive support/oceanographic survey vessel HMNZS Manawanui is a NZD 77 million complete total loss. Manawanui ran...
RightShip seeks right-minded investors
THE PARTNERS in Melbourne-founded RightShip are looking for a new minority investor to support the company’s ambitions to grow its data and technology capabilities as it provides...
Tasmania Ports near 11m tonnes for year
THE ISLAND state’s ports have already handled more than 10.7 million tonnes of freight this financial year, according to a Q3 year-to-date trade report issued by TasPorts. Key...
ACCC delays DP World-Silk decision again
THE ACCC has delayed for a second time DP World’s proposed acquisition of Silk Logistics, following what it says is the receipt of further information from the parties. The...
Birdon building for US Marine Corps
THE UNITES STATES States arm of Port Macquarie-based Birdon Group has begun official construction of two Ancillary Surface Craft – Medium (ASC-M) vessels for the United States...
Legislation bolsters Port Phillip Bay FSRU plans
DUTCH liquid terminals specialist Vopak’s proposal to establish a LNG import terminal in the form of a Floating Storage and Regasification Unit to be moored in Port Phillip Bay...
ZIM zips along in first quarter
ISRAELI carrier Zim Integrated Shipping Services has leapt ahead of rivals in reporting outstanding results for Q1 2025. Consolidated results for the three months ended 31 March...
Spirit of Tasmania V inches closer to handover
THE SECOND of TT Line’s newbuilding ro-paxes for Bass Strait, Spirit of Tasmania V, successfully completed a second round of sea trials in the Bothnia Gulf at the weekend and has...
Mid-June flood of GRI's
ON THE eve of traditional peak imports season lines in trades between all parts of Asia and Australia are hitting shippers with general rate increases of up to USD 300/TEU, while...
New Zealand government kicks in for Otago’s inland port
THE PARTNERS developing Port Otago’s much-needed inland port have welcomed a NZD 8.2 million contribution from the New Zealand Government. Southern Link, a joint venture between...
Groote exports resume after loader repairs
MANGANESE exports are resuming from the Northern Territory’s Groote Eylandt, following the earlier-than-expected completion of repairs to GEMCO’s loader, severely damaged during...
PIL quadrupled profit in 2024
SINGAPORE’s Pacific International Lines enjoyed a massive rebound in FY 2024, according to results revealed late last week. The company achieved a net profit after tax of USD...
KiwiRail brings forward Aratere retirement
COOK Strait’s only rail/ro-pax will be withdrawn at the end of August as owner KiwiRail opts to save the cost of a planned Singapore drydocking. KiwiRail and the NZ Government on...
CMA CGM pleased with ‘solid’ Q1
CMA CGM delivered robust first quarter results, despite an unstable geopolitical climate and an uncertain market environment since the start of the 2025 year. Revenue stood at USD...
Ørsted completes Gippsland wind geo studies
DANISH energy multinational Ørsted has completed marine geophysical and geotechnical surveys, and placement of wind and ocean condition measurement devices, as part of feasibility...
