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...
South East Asia services duck and dive
JUST a fortnight after announcing changes to its Southern Star service between South East Asia, Australia and New Zealand Maersk Line has advised of further diversions. On 22 July...
Vessel secured for Bass Strait cable
ITALY’s PRYSMIAN has secured a key cable supply-and-install contract for the $5.5 billion Marinus Link power interconnector between Tasmania and Victoria. Prysmian will deploy its...
Bass Strait stand-in arrives
STRAIT LINK’s two Bass Strait ro-ros will soon be off to Singapore for five-year special survey and drydocking but there’ll be no interruption to the company’s overnight service...
Rates and surcharges heading up again
A SUDDEN surge in bookings, particularly from South East Asia/Indian Sub-Continent to Australia and New Zealand, and, to a lesser extent in the opposite direction, has prompted a...
Louis Dreyfus has green light to cotton on
COMMODITY giant Louis Dreyfus’s bid for Namoi Cotton can proceed following the ACCC’s acceptance of a court-enforceable divestiture undertaking. The Louis Dreyfus Company B.V. and...
