News
Höegh fuels up with ammonia grant
HÖEGH Autoliners has secured a second grant from the Norwegian Government’s green investment fund, Enova, that will see the third batch of its pioneering Aurora Class PCTCs able...
Fatality on Grimaldi PCTC
THE GRIMALDI PCTC Grande Baltimora remains in Melbourne after a crewmember was killed in a tragic accident on board last Wednesday [19 June]. Ambulance Victoria paramedics...
Aratere refloated after Friday night grounding
IN A case of immaculately unfortunate timing the Interisland Line rail/ropax Aratere ran aground on the eastern side of Picton harbour at around 2215 hrs NZ time on Friday night...
Crook Cookers’ maintenance costs to double?
KIWIRAIL has assured the NZ Government it no longer expects maintenance costs for its three aging Cook Strait ferries to reach almost NZ$65 million per annum, despite expectations...
New maritime cyber security body launched
A NOT-for-profit body committed to improving standards of cybersecurity risk management across the maritime industry has been launched this week in the United Kingdom. Called...
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...
