First contract signed for PNG FLNG
KUMUL PETROLEUM, the government-owned shareholder in the PNG LNG project, has signed a contract for early-stage design work on the planned floating LNG facility to be deployed in...
Maersk raises profit expectation, again
THE RED SEA conflict continues to boost container line profits with Maersk Line once again raising projections, for the third consecutive quarter. Ahead of its official release of...
ANL ship breaks East Swanson record (UPDATED)
THE CONTAINERSHIP CMA CGM Volga is the new TEU capacity record-holder for Melbourne’s Swanson Dock and thus also the largest box boat by the same measure to berth up-river in the...
CMA CGM buys Seatrade quintet
INTERNATIONAL BROKERS are reporting CMA CGM has purchased the five ‘Colour’ class reefer container ships it deploys on charter in the PAD/NASP service operated with Marfret...
Royal visit causes latest Tassie delay
TASMANIAN GOVERNMENT plans to announce a decision about the future movements of the new Spirit of Tasmania ro-paxes have gone awry, thanks to the Royal visit. The government on...
Boskalis seals Smit Lamnalco takeover
ROYAL BOSKALIS B.V. has completed the acquisition of Smit Lamnalco, buying the 50% of shares not already owned for an undisclosed price. On 8 July this year Boskalis announced it...
Pacific Basin’s mixed 3Q
HONG KONG-based Pacific Basin, one of the largest participants in Australasian sub-Panamax bulk trades, continued to generate strong cash flows in 3Q 2024 but underperformed in...
Unions attack KiwiRail cull
KIWIRAIL will begin offering redundancies to all staff from Monday [21 October] in what chief executive Peter Reidy says is part of a “transformation plan” for the...
NZ marine incidents: is fuel quality the problem?
AMID SPECULATION ‘bad’ fuel may have contributed to the 5 October reef grounding and subsequent sinking of HMNZS Manawanui, Maritime New Zealand and Strait NZ have today confirmed...
Exporters to Europe: prepare for new regs
THE European Union’s Import Control System 2/Release 3 will come into effect next month with ANL/CMA CGM advising that following approval from customs authorities ICS2 will ‘go...
Intercargo frets over Rightship move
MOVES BY Melbourne-founded safety-focused digital maritime platform RightShip to change its vessel inspection age triggers in the dry bulk and general cargo sectors (DCN 11...
Back in blue: Strait runner returns
BASS STRAIT ro-ro Tasmanian Achiever II has returned to Melbourne from drydock in Singapore, resplendent in its new Strait Link blue livery. The 2018-built, 28,708 GT vessel,...
IFCBAA joins VPP fray
THE INTERNATIONAL Forwarders and Customs Brokers Association of Australia has joined other peak industry bodies in calling for mandatory regulation of container stevedores’...
CHOGM delays Samoa salvage
WITH 56 leaders due to assemble in Samoan capital Apia next week for the 27th Commonwealth Heads of Government Meeting a decision about the possible salvage of the RNZS Manawanui...
Norwegians extend PCTC influence
WILH. WILHELMSEN is upping its indirect shareholding in Korea’s Hyundai Glovis, having bought three more tranches of stock in shareholder Treasure ASA in recent days. Wilh....
