ACCC delays Qube/MIRRAT decision again
THE ACCC has delayed its decision on QUBE Holdings’ acquisition from Wallenius Wilhelmsen of the Melbourne International RoRo & Automotive Terminal until 10 April. It was 27 May...
Australian ports must modernise: Hatch
ACCELERATING challenges of climate change, competition and digitisation mean Australia’s ports and terminals must modernise, global engineering giant Hatch believes. Hatch...
USTR told Trump port, ship fees will cause ‘trade apocalypse’
THE OFFICE of the United States Trade Representative is undertaking public hearings this week into the Trump Administration’s plans to boost domestic shipbuilding and use of US...
MOL announces charter joint venture with CMB.TECH
JAPAN’S Mitsui Osk Lines and Belgium’s CMB.TECH, controlled by the Savery family, have established a joint venture to own and charter a total of nine Capesize bulkers and chemical...
AMSA warns about crew injuries
SINCE 2020, 345 serious crew injuries have been reported to the Australian Maritime Safety Authority from regulated Australian vessels and foreign flagged vessels in Australian...
COSCO Shipping reports strong 2024 results
COSCO Shipping Holdings enjoyed a stellar year in 2024, with volume, revenue and profit all jumping sharply over 2023. In 2024, the revenue from the Group’s container shipping...
ATSB’s hands full with March incidents
THE AUSTRALIAN Transport Safety Bureau has logged three incidents warranting thorough investigation so far this month, one involving a serious injury. The Bureau is collecting...
IMO works on digital transformation strategy
A NEW correspondence group established last week by the International Maritime Organisation has been tasked with is taking action to create a comprehensive strategy that harnesses...
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...
