News
DNV gives KiwiRail ferries five more years
CLASSIFICATION society DNV has found KiwiRail’s three ferries are in better shape than first thought, and with appropriate maintenance and upkeep expenditure can remain in service...
Charges charge resumes in container trades
WHILE Drewry’s World Container Index last Friday showed global freight rates creeping up by only 1% for the second week in a row, carriers in Australasian trades have unleashed...
OOCL reports 2Q, 1H 2024
THE FIRST of the major container lines to report calendar 2024 second quarter results, OOCL has seen significant improvement year-on-year as well as for the first half. Released...
Rate push out of steam?
THE plethora of carrier notifications of GRIs, PSSs, rate recoveries and other surcharge/cost increases looks to have peaked in Australasian trades, a little more rapidly than...
Now there’s B1 and B2
THE SECOND of AAL Shipping’s innovative Super B-class heavylift/multi-purpose vessels has been officially named at the CSSC Huangpu-Wenchong Shipyard in Guangzhou. The ceremony...
NYK buys most of Eneos’ fleet
JAPANESE energy group Eneos has sold most of its fleet of tankers, gas carriers and bulkers to compatriot NYK for a new joint venture to be based in Singapore. Eighteen LPG...
Cook Strait ferry Aratere resuming service
SEVENTEEN days after running aground while leaving the NZ South Island port of Picton, Interisland Line’s rail/ro-pax Aratere is resuming Cook Strait service after Maritime New...
Questions mount over Aratere grounding
THE 21 June grounding of Cook Strait ferry Aratere occurred because no-one on the vessel’s bridge knew how to de-activate the incorrectly-set autopilot, according to leaked...
ACCC queries Flinders/Aurizon deal
AURIZON'S proposed acquisition of Flinders Port Holdings’ Logistics division has drawn the attention of the ACCC, which today (11 July) published a Statement of Issues. The deal...
May another mixed month for regional trades
LONDON'S Container Trade Statistics reports global combined import export volumes hit a new record of 15,940,133 TEU in May 2024, up from 14,886, 233 TEU in April while the CTS...
Calling all marine researchers
OPPORTUNITIES have opened for Australian researchers to apply for up to 14 days of fully-funded sea time aboard specialist vessels operating in southern waters in 2025....
Another engine failure in Melbourne
ADDING to a long list of vessels suffering technical problems in port waters the Briese MPP BBC Raise suffered engine failure when departing Melbourne on Sunday evening, leading...
Boluda deal dead: Boskalis buys rest of Smit Lamnalco
DUTCH port and maritime services group Royal Boskalis NV is to buy all remaining shares in Smit Lamnalco, signalling the end of an earlier deal for SL to be sold to Spanish towage...
ETV Reef Keeper takes up the role
THE LATEST emergency towing vessel assigned to the Great Barrier Reef and Torres Strait is now on station off Yorkey’s Knob outside Cairns. Smit Lamnalco’s Reef Keeper arrived...
'Cozzie shipping' keeps rising - but for how long?
NOTIFICATIONS for general rate increases, rate restorations, peak season surcharges and port-based surcharges are continuing to flow for Australia, New Zealand and South Pacific...
