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% -...
North Queensland transport still struggling
EASING RAINFALL in North Queensland today has brought some relief to flood-hit areas but restoration of key transport links is a long way off. The temporarily-repaired Ollera...
Mice payout nice for Zespri
A RODENT infestation has had a happy ending for NZ kiwifruit exporter Zespri, though not for the mice. In April 2024 Zespri was forced to delay the start of its European sales...
CSIRO calls for ocean investigators
THE CSIRO has opened applications for supplementary positions aboard voyages of the research vessel Investigator in 2026-27. Supplementary Applications are invited for fully...
PoM shells out for reef restoration
THE PORT OF MELBOURNE has joined forces with The Nature Conservancy Australia in a $890,000 project to restore shellfish reefs in Port Phillip’s designated dredging grounds. The...
Aust box trades see 9-month boom
THE JANUARY-SEPTEMBER 2024 period proved lucrative for container lines in Australasian trades, with imports rising 9.9% and exports 9.7%, albeit rates were more of a mixed bag....
Industry to be briefed on major Melbourne changes
MELBOURNE’s container logistics chain will face comprehensive changes later this year when the West Gate Tunnel and upgraded M1 infrastructure comes into use. CTAA, FTA/APSA and...
Maersk boasts third-best FY result
COPENHAGEN’s A.P. Moller - Maersk has reported strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65%...
MSC debuts cool new monitor
MEDITERRANEAN Shipping Company has launched iReefer, a system that allows customers to track and monitor their temperature-controlled shipments in real time, from anywhere in the...
Second Samoa salvage cycle completed
THE NZ DEFENCE FORCE says another milestone has been reached in the removal of diesel fuel and other pollutants from HMNZS Manawanui. Manawanui sank on the morning of 6 October...
North Queensland: Flood relief but more rain
THE QUEENSLAND GOVERNMENT has issued an emergency planning declaration to enable deliveries of food, medicines and essential supplies from and into stores, warehouses and...
3Q FY2024 was a good one
OCEAN NETWORK EXPRESS recorded a stellar third quarter for its 2024 financial year (which runs April-March) with sharp improvements year-on-year. The revenue for October 2024 to...
