News
Crew blamed for Manahau grounding
A REPORT compiled for the owners of the NZ coastal bulk barge Manahau has blamed its 31 August grounding on the South Island west coast on poor decision-making by the Indonesian...
Spirits’ million-a-month Scottish vacation
TASMANIANS, via government-owned TT Line, will pay an estimated $1.2 million a month to ‘warehouse’ ro-paxes Spirit of Tasmania IV and V in Leith, Scotland while they await the...
Manawanui loss: Interim report, rescuers awarded
THE NEW ZEALAND Defence Force has received an interim report about the reef-grounding and subsequent sinking of HMNZS Manawanui and hopes to release preliminary findings later...
Hapag 3Q up but down
HAPAG-LLOYD concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion), Group EBIT of USD 1.9 billion (EUR 1.8 billion) and Group profit of...
Höegh, Fortescue catch ammonia
NORWAY’s Höegh Autoliners and Australia’s Fortescue have issued a call for global shipping regulators to fast-track the adoption of green ammonia as the only marine fuel that can...
Spirits berth work underway
SOMEWHAT mixing his metaphors, Tasmanian premier Jeremy Rockliff has declared the Spirit of Tasmania new berth project “back on the road”. Mr Rockliff was speaking at a media...
NZDF reports Manawanui salvage progress
THE NEW ZEALAND Defence Force has yet to finalise the contract for the removal of fuel from the sunken HMNZS Manawanui, five weeks after its sinking after striking a reef off the...
CMA CGM flags surcharge rise
THE CMA CGM/ANL Group has warned shippers toughening of the criteria of the European Union’s Emissions Trading Scheme will require increased cost recovery next year. “Significant...
Wallenius Wilhelmsen shapers up again
WALLENIUS WILHELMSEN has declared an option for two additional 11,700 CEU Shaper class vessels at China Merchants Jingling Shipyard Co., Ltd. The two declared options are part of...
Crack-down on battery flare-ups
THE CMA CGM/ANL GROUP will discontinue bookings for shipments involving lithium-ion batteries co-packed with other hazardous goods, effective immediately. The carriers say that in...
Milestone MSC ship heading to scrap
MEDITERRANEAN Shipping Company’s first-ever brand new containership has been sold for demolition. The 3300 TEU MSC Alexa, named after founder Gianluigi Aponte’s daughter, was...
ICTSI sees 31% income increase
INTERNATIONAL Container Terminal Services, Inc., parent of Melbourne’s Victoria International Container Terminal at Webb Dock, has reported “another excellent set of results” for...
CMA CGM 3Q profit soars
CMA CGM Group’s profit for the third quarter of 2024 hit USD 2.730 billion, an astounding USD 2.342 billion more than the equivalent quarter in 2023. Group revenue stood at USD...
Rates continue upward trajectory
AGAINST A BACKDROP of the tentative recovery in China-Australia spot rates container lines continue to chance their hands with rate rise notifications for shipments ex Asia. The...
NPDL, Swire making changes
DRYDOCKING requirements will see Neptune Pacific Direct Line shuffle ships on three services in coming months. NPDL has chartered Nauru Shipping Line’s 628 TEU Skyline to operate...
