News
WSC backs box-overboard rule
PEAK liner shipping body World Shipping Council has thrown its weight behind new IMO regulations mandating notification of all containers lost overboard at sea. Amendments to the...
GRI, PSS trickle accelerates
MORE carriers are joining the push to maximise returns from high demand in Australasian trades, including outbound. Late last week Maersk announced a peak season surcharge,...
P&O cruises to Carnival
CARNIVAL Corporation is to rationalise its Australasian and South Pacific operations by folding the P&O Cruises Australia brand into Carnival Cruise Line. The change will take...
Cyan heads to Infinity and beyond
SINGAPORE-based Cyan Renewables, currently undertaking an agreed takeover of Perth’s MMA Offshore, has signed a MOU with US company Ocean Infinity to develop offshore wind...
More rates up, new PSS
BUOYANT current liftings and solid demand projections are encouraging container lines to ramp up southbound rates from North & East Asia, as well as imposing a peak season...
Austal wins another USN contract
THE United States Navy has upgraded a detailed design contract with Austal USA to a full-scale construction agreement worth an initial US$516 million ($779 million). The original...
Spirits delay prompts inquiry calls
CALLS by Tasmania’s Labor Opposition for an inquiry into delays to the new Spirit of Tasmania ferries have been endorsed by local government and business. Labor leader Dean Winter...
Cook Strait ferry woes continuing
IN YET another manifestation of the difficulties of operating aging vessels in tough conditions the Interisland Line’s Cook Strait rail/ropax Aratere has been forced to modify...
Sinolines takeover in Chinese carrier shuffle
A RE-ARRANGEMENT of Chinese container and ro-ro carriers that will see Sinotrans Container Line [Sinolines] backed into a new grouping is unlikely to affect the line’s Australian...
Two-way tug traffic on Tasman
JUST weeks after a long-serving Australian tug headed to a new life in New Zealand, the reverse is occurring. The former Switzer tug Karoo, most recently stationed at Albany,...
Unique vessel on trial in NZ
A PARTNERSHIP between ferry company Fullers360 and sustainable marine technology provider Vessev has developed what’s claimed to be the first fully electric passenger vessel to...
More profits, less doom – but …
WORK by US analyst John D McCown shows container lines recorded a net profit of US$5.4 billion in the first quarter of 2024, a massive turnaround from 3Q 2023 and seven previous...
Incat chasing zero with Euro partners
TASMANIAN shipbuilder Incat has joined French ferry operator Brittany Ferries and Finnish marine and energy technology company Wärtsilä to explore design and technical...
MIAL quits Asian shipowners group
AUSTRALIA has resigned from the Asian Shipowners’ Association after 30+ years as a founding member. Maritime Industry Australia Ltd handed in its notice at ASA’s AGM in Hong Kong...
Engage Marine secures funding partner
ENGAGE Marine has found a top-tier financial backer to capitalise on growth opportunities and fund expansion of its marine services across Australia. The US-based PGIM Private...
