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,...
BAD WEEK FOR MARINE INCIDENTS
INCIDENTS last week emphasised the ever-present perils of the sea. On Tuesday [25 February] Princess Cruises’ Crown Princess, while sailing in NZ’s Fjordland near Milford Sound,...
NZ TREASURY REVEALS IREX EXIT COSTS
THE NZ GOVERNMENT made a NZ$300 million provision for settlement of claims arising from finance minister Nicola Willis’s December 2023 decision to cancel the iReX Cook Strait...
PACBASIN REPORTS STABLE RESULTS IN UNEVEN YEAR
PACIFIC BASIN, prominent operator of handysize and supramax bulkers especially in Australasian trades, has described “an unusually flat market” in delivering its 2024 results....
CMA CGM: Strong 2024 but “prudent” outlook
CMA CGM Group on Friday [28 February] reported full-year 2024 revenue stood at USD 55.5 billion, a 18.0% year-on-year increase that was led by the performance of the group’s...
KIWIRAIL TAKES HIT TO BOTTOM LINE
A NATIONAL freight downturn in a soft domestic economy, and a series of one-off events, contributed to a fall in KiwiRail’s bottom line in the half year to 31 December 2024...
ALFRED NOW EXPECTED TO CROSS QLD COAST
THE BUREAU of Meteorology is now expecting Tropical Cyclone Alfred to cross the Queensland coast between Brisbane and the Sunshine Coast sometime from tomorrow onwards. Under...
EURO TECH COMPANIES LAUNCH SMART CONTAINER ALLIANCE
A GROUP of supply chain smart technology providers has united to form the Smart Container Alliance, a body to drive the adoption of smart container technology. The...
Tasmania bringing Spirit IV home
BASS Strait ro-pax Spirit of Tasmania IV will leave Scotland for its home state after the Tasmanian government directed owner TT Line to abandon negotiations to lease the ship...
Torres helo prang
TWO HELICOPTER PILOTS employed by Torres Pilots’ marine pilots transfer contractor Flyon have survived uninjured a crash aboard the bulk carrier Star Coral off the Queensland...
PORT OF TAURANGA BOUNCES BACK
DESPITE what it warns is a sluggish domestic economy NZ’s Port of Tauranga sees signs of early recovery in some areas as it turns in a strong performance for the six months to 31...
BRISBANE SHORT-TERM CLOSURES TO CONTINUE
PILOT TRANSFERS for vessels arriving and departing the Port of Brisbane will be suspended again tomorrow morning, two hours either side of low water, and the restrictions are...
Esso to drill new Bass Strait well
EXXONMOBIL subsidiary Esso Australia, along with partners Woodside and Mitsui, is to expend almost $200 million on tapping additional gas supply in the Gippsland Basin off...
Misread nav aids behind launch wreck
THE COXSWAIN of the Port Phillip Sea Pilot launch Corsair had misinterpreted the aids to navigation on Shortland Bluff and navigated to the west of their intended course through...
Perth comes to Lae
PAPUA NEW GUINEA Ports Corporation is celebrating the visit of the largest containership ever to visit one of the country’s ports. The ANL-operated CMA CGM Perth, at 262 metres in...
