ICTSI SEES BIG LIFT FROM TERMINAL OPS
MANILA-based International Container Terminal Services, Inc. has posted a 15% increase in revenue from port operations in 2024 to US$2.74 billion, well up from 2023’s US$2.39...
ICTSI sees big life from terminal operations
MANILA-based International Container Terminal Services, Inc. has posted a 15% increase in revenue from port operations in 2024 to US$2.74 billion, well up from 2023’s US$2.39...
CMA CGM PLEDGES MULTI-BILLION US INVESTMENT
THE CMA CGM Group has announced a four-year program to invest US20 billion to contribute to U.S. maritime economy and support the transformation of America’s domestic supply...
Alfred: the waiting game
WITH Tropical Cyclone Alfred adopting a peripatetic approach to inflicting itself on Brisbane and environs, the shipping and port industry has little option other than to wait out...
Second Seabourn turning Japanese
THE CARNIVAL Group’s ultra-luxury brand Seabourn Cruise Lines has sold a second vessel to Japan’s Mitsui Ocean Cruises. The 2010-built, 32,477 GT, 458-pax Seabourn Sojourn, a...
No stopping North & East Asia rates slide
WITH China-Australia rates in something like freefall since the first week of January and other Asian trades gradually following suit, carriers are rushing to try more GRIs, rate...
Engage filling North Queensland slots
ENGAGE Marine has procured a second tug for mid-year deployment to the port of Mourilyan, when the company takes over towage contracts in several North Queensland ports. In...
HPH SALE: AUST IMPLICATIONS YET TO UNFOLD
AS NEWS OF CK Hutchison’s decision to offload the majority of Hutchison Port Holdings’ global network of ports and terminals to a Black Rock/GIP-MSC consortium continues to...
Mackay passes two million milestone
NORTH Queensland Bulk Ports is emphasising the increasing role of the port of Mackay in the state’s global connections, highlighted by a new trade milestone. Rising grain exports...
Work to make Burnie berthing sweet
TASPORTS is preparing to begin restitution works at Burnie’s Berth 4, the Strait Link ro-ro terminal. Last August TasPorts was forced to impose restrictions on parts of Strait...
HUTCH IN GLOBAL SELL-OFF
IN A STUNNING DEVELOPMENT Hong Kong-based CK Hutchison Holdings has reached an in-principal agreement to sell all its ports and terminals outside China/Hong Kong to the Black...
SPIRIT IV COMING HOME BUT NOW SPIRIT V MAY BE LEASED
JUST DAYS after confirming TT Line newbuild Spirit of Tasmania IV will be repatriated to Hobart from its Scotland sojourn transport minister Eric Abetz has floated the notion...
ALFRED DISRUPTIONS TO CONTINUE FOR DAYS
WITH SOUTH EAST Queensland and northern NSW now at the mercy of Tropical Cyclone Alfred port and maritime activity is at a standstill and likely to remain so, until the weekend....
MOL, SMT pursue DRI cargo
MITSUI OSK LINES and Cyprus-based SMT Shipping have signed an MOU to work together on the transport of direct reduced iron (DRI), a product under development in several parts of...
GOVT MILLIONS FOR MARITIME TRAINING
THE FEDERAL GOVERNMENT has committed almost $17 million to a new maritime skills and training initiative that will give up to 20 trainee seafarers each year, for four years,...
