News
Review finds 68 US bridges at risk of collision
BALTIMORE’s Frances Key Bridge, which collapsed after being struck by the containership Dali a year ago on Friday, was almost 30 times above the acceptable risk threshold for...
Federal Coalition pledges TFES boost
IF SUCCESSFUL in the yet-to-be-called federal election the Liberal National Coalition will launch an enquiry into the Tasmanian Freight Equalisation Scheme and provide $65 million...
Hapag happy, despite some slippage
HAPAG-Lloyd reported a slight increase in Group operating result for 2024 but at USD 2.6 billion (EUR 2.4 billion), the Group profit was below that of the prior year, particularly...
Record year for Wallenuis Wilhelmsen
WALLENIUS Wilhelmsen’s 2024 financial performance surpassed its record 2023, the company revealed in releasing its annual report in Oslo on Friday. Adjusted EBITDA for 2024 was...
StraitNZ buys replacement ferry
NEW ZEALAND’s privately-owned Cook Strait ferry operator StraitNZ has sourced a ropax from Europe to replace its 1997-built Strait Ferronia for its Bluebridge service between...
China-Australia spot rates recover
FREIGHT rates on the China-Australia route reversed direction this week, after steadily falling since the last week of January. The Shanghai Containerised Freight Index for spot...
Massive economic value of three QLD ports
$31.7 BILLION – that’s the contribution of the ports of Mackay, Hay Point and Abbot Point to Queensland’s gross state product, according to a new study commissioned by North...
Study into Grassy future
THE TASMANIAN government has commissioned consultants to satisfy a 2024 election commitment to investigate the adequacy of infrastructure at King Island’s commercial port, Grassy....
US investigates maritime choke points
IN THE latest iteration of Trump/Republican ideology impacting on the shipping world the Federal Maritime Commission has launched an investigation into whether US shipping is...
Cruisers run away to join the Carnival
THE former P&O Cruises Australia ships Pacific Adventure and Pacific Encounter have begun their transition to Carnival Cruises Australia vessels at Melbourne’s Station Pier....
US’s China charges will hit SOPAC shippers
THE TRUMP administration’s proposal to charge up to US$1.5 million per port call for Chinese-built and/or owned vessels entering US ports will come at substantial cost to shippers...
Fruitful first for Zespri
NZ KIWIFRUIT marketer Zespri International has despatched the first shipments in what is expected to be a record export season supplying more than 50 markets worldwide. The first...
Chris Carbone appointed as TT Line CEO
THE BOARD of TT Line has appointed Chris Carbone as the ferry company’s new CEO. Mr Carbone comes to the Bass Strait ropax operator from the Toll Group, where he was president of...
Esso, Woodside step on the gas
JUST weeks after announcing a $200 million project to tap additional gas supplies in Bass Strait’s Gippsland Basin, Woodside Energy and ExxonMobil subsidiary Esso Australia have...
LNG power debuts in Aust container trades
ANL Container Line is celebrating another step in the journey to net carbon zero by 2050 with the arrival in Melbourne this morning [18 March] of the 8048 TEU newbuilding CMA CGM...
