ACCC adds Olam to Namoi takeover concerns
BOTH bidders for Namoi Cotton are now under ACCC scrutiny, following the commission today [20 June] issuing a statement of concerns about Olam Agri Holdings’ proposal. The ACCC...
KiwiRail, KiwiFail
NZ’S TRANSPORT Accident Investigation Commission has highlighted KiwiRail’s systemic safety issues in a new report about a train derailment in stormy weather near Te Puke, Bay of...
Study nails cost of maritime corruption
DENMARK’S Maritime Anti-Corruption Network has published a study that graphically quantifies the cost of criminal practices in the port and maritime sectors. MACN says for over a...
Toyofuji orders methanol-fuelled PCCs
JAPAN’S Toyofuji Shipping (TFS), along with compatriot owner Fukuju Ship Co, has placed orders with a domestic yard for methanol-fuelled pure car carriers. TFS will wholly-own the...
Levies to increase for offshore industry
THE National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is to raise levies by 13% in accord with a review conducted in March this year. The...
... levels rising at rates of knots
AUSTRALASIAN exporters are also copping it in the neck as carriers look to capitalise on buoyant conditions globally, even if these do not necessarily exist in local outbound...
Trickle becomes a torrent ...
SHIPPERS are facing increased import bills as container lines expand the scope and size of inbound freight rates and surcharges. In further notifications in the past seven days:...
Australasian box trade down in April v. March
LATEST figures from London-based Container Trade Statistics reveal a mixed bag for Australasia & Oceania in April 2024, with imports and exports both slipping compared to March...
GAC buys Quadrant Pacific agency business
THE GAC Group is taking over the ships agency business of Swire-owned Quadrant Pacific, formerly its network partner in New Zealand. GAC (Gulf Agency Company, based in Kuwait and...
Maersk adjusts OC1 again
THE likelihood of delays resulting from terminal construction works on the US East Coast has prompted Maersk Line to swap ports on the OC1 service to/from ANZ. Just weeks after...
Rate rise rush continues
CONTAINER lines are continuing to announce bluewater freight rate increases on almost daily basis as confidence grows about a solid peak season for imports at the same time as...
Grimaldi explores autonomous berthing for PCTCs
THE SECOND stage of a project to develop satellite-guided docking manoeuvres for large PCTCs is underway in Europe. The original 2022 initiative, through a partnership between...
Investigator heading for mid-life refit
THE CSIRO’s research vessel Investigator will head to Singapore next month for its scheduled five-year maintenance drydocking and the commencement of a mid-life refit. Since its...
Questions over Maersk's new fuel surcharge formula
WHILE local shippers appear to be still digesting news of Maersk Line’s new fuel surcharge mechanism, customers overseas have given it a mixed reception. Maersk announced late...
Oceania nowhere good on global container ports index
IN RESULTS that are sure to be controversial, the just-released 2023 global Container Port Performance Index rates no Australasian or regional port anywhere near the top 100 and...
