News
CSIRO launches new aid for food exporters
THE CSIRO has launched a new national resource of isotopic data – food’s unique fingerprint – that it says can be used to help protect and further grow Australia’s reputation for...
2024 container growth surprises
GLOBAL CONTAINER VOLUME growth hit 6% in 2024 and an Australasian trade was a notable and surprising standout. In its just-released summary of the past year London-based Container...
Fame claim for reliable Swire
SWIRE SHIPPING has earned Most Reliable Carrier status on two major routes, according to Sea-Intelligence’s Global Liner Performance Report for 2024. The Singapore-based company’s...
Auriga onboards MacDonald
THE AURIGA Group has secured experienced port and marine executive Dr Rochelle MacDonald as its new Managing Director - Maritime. “Rochelle is an experienced executive who has...
Islanders sue over major oil spill
A COMPENSATION CLAIM lodged in the High Court of the Solomon Islands in Honiara at the end of last month is being closely watched in legal circles. The co-claimants, the Solomon...
NZ ferry company directors appointed
NEW ZEALAND deputy prime minister and Minister for Rail Winston Peters has announced director appointments for Ferry Holdings Limited – the schedule 4a company charged with...
Höegh Autoliners: Solid 4Q 2024
NORWAY’s Höegh Autoliners has reported a good end to 2024 and remains confident about 2025, although the company’s share price has taken something of a beating. For 4Q 2024 the...
Barossa FPSO named in Singapore
THE FLOATING production storage and offloading unit for Santos Ltd’s Barossa Field in the Timor Sea was officially named BW Opal at topsides builder Seatrium’s Singapore yard on...
China-Australia rates finally fall
FREIGHT RATES between China and Australia are on their way to halving in a matter of a few weeks, with the Shanghai Containerised Freight Index diving alarmingly since a...
Rates flood gates may be opening
WITH Australasian trades finally catching the Drewry World Container Index’s cold, container lines are moving into rate recovery mode, a scenario that’s almost invariably...
PoM, Boskalis dredge up 12-year deal
THE PORT of Melbourne (PoM) has signed a new, 12-year maintenance dredging contract with Dutch specialist Boskalis. PoM said although this new agreement – which became effective...
Australia's Rhumb folded into Cetus
RHUMB MARITIME, founded by Australian shipping veterans Ian Dalgliesh and Ross Toy, has been acquired outright by global dry bulk operator Cetus Maritime after a business...
Local liner trade update: First for Aust services
ANL/CMA CGM are anticipating a first for their Australasian trades with the imminent arrival of the dual-fuel (LNG) powered CMA CGM Baalbeck. The 8048 TEU newbuilding is currently...
Dodgy steering behind beacon bash
THE AUSTRALIAN Transport Safety Bureau has released its findings into a Yarra River incident that intrigued the port community at the time and has led a leading containership...
HMM humming along
IN WHAT IT modestly describes as “a solid financial performance in 2024” South Korea’s HMM has reported an operating margin of 30% for the year. Operating profit increased 501% -...
