News
Senate to hold TFES inquiry
THE ISLAND state's shippers and government have applauded the Senate’s Tuesday passing of a motion to hold an inquiry into the Tasmanian Freight Equalisation Scheme. The motion,...
Zim brimming with good results
ZIM PRESIDENT & CEO Eli Glickman has hailed “outstanding strategic execution” when handing down the carrier’s 2Q and 1H 2024 results which saw a strong reversal of equivalent...
Minister acts on acts review
THE MINISTER for Infrastructure, Transport, Regional Development and Local Government, Catherine King, has appointed Ms Lynelle Briggs and Prof Nicholas Gaskell to co-chair the...
HMM enjoys bumper 2Q, 1H
Joining the throng of Asian carriers reporting strong financials, HMM saw revenue increase 18.6% to KRW 4,993 billion (USD 3.06 billion) in 1H 2024 from KRW 4,212 billion in 1H...
Evergreen hitting highs in year so far
EVERGREEN MARINE Corporation has recorded a doubling and tripling of some key metrics in the first half and second quarter of 2024. The Taiwanese carrier boasted 1H (to 30 June)...
Yang Ming sings in second quarter, first half
YANG MING Marine Transport Corporation has joined Evergreen in declaring very healthy financial results for 2024 so far, due to strong demand and increased freight rates. The...
TT Line chairman removed
LONG-SERVING TT Line board chairman Mike Grainger has been forced out by the Tasmanian Government after a dramatic day of claim and counter-claim over problems with the Spirit of...
Tas govt takes charge of Spirit berth project
TASMANIAN premier Jeremy Rockliff has lost patience with shortcomings and delays in readying infrastructure for TT Line’s new Bass Strait ro-paxes and drafted additional...
Fewer notifications but rise still coming
DESPITE Drewry’s World Container Index showing a more substantial drop of 3% last week, compared to previous recent falls of 1%, carriers are continuing to demonstrate optimism...
Global box trades still rising
GLOBAL container trade fell slightly in June this year compared to May but was nevertheless 7.1% higher than June 2023. London-based Container Trade Statistics reported – with the...
TT Line board has govt's confidence
TASMANIA'S Public Accounts Committee’s inquiry into TT Line’s the acquisition of new Bass Strait ro-paxes new terminal infrastructure has heard of considerable ministerial...
More tears over Aratere
COOK Strait rail/ro-pax Aratere resumed service yesterday afternoon [11 August] after the Interisland Line curse struck again on Thursday afternoon. The ferry hit the terminal...
Weakness found in Burnie berth
TASPORTS has imposed restrictions on parts of Strait Link’s Burnie base at Berth 4 after areas of scouring were discovered beneath the quay wall. CEO Anthony Donald said while...
Maersk 2Q: Good momentum continuing
A.P. MOLLER - MAERSK says it continued to build momentum in 2Q 2024, reporting volume growth across all segments and improved financial performance with EBIT margin reaching 7.5%...
Spirits seeking refreshment
BASS Strait ferry Spirit of Tasmania I arrived in Hobart early this morning [8 August] to begin four days of in-water maintenance before sister Spirit of Tasmania II heads to...
