HMM another to report 1Q bounce
EVIDENCE of a strong first quarter recovery in container trade revenues and profits continues to emerge with Korea’s HMM turning in encouraging figures. The carrier’s revenue...
Rail sector happy with budget money
AN ALLOCATION of more than $1 billion in the 2024-25 Federal Budget has pleased the nation’s rail freight and infrastructure bodies. Peak body the Freight on Rail Group welcomed a...
Strategic support earns MIAL praise
THE FEDERAL Government last night committed more than $26 million to the advancement of proposals for an Australian strategic fleet, earning a huge tick form Maritime Industry...
Both sides back US maritime future
NEWS of apparently bipartisan support from Australia’s major political parties for a strong future for the nation’s maritime sector comes after US Republicans and Democrats last...
Another honour for Incat's Clifford
INCAT founder and chairman Robert Clifford has received the prestigious Lifetime Achievement Award at the annual SHIPPAX Ferry Conference, held this year aboard Tallink Silja’s...
Eleen Sofia owners fire back
THE OWNERS of the ITF-focused bulk carrier Eleen Sofia have hit back at claims made by the Federation and, by implication, Daily Cargo News, in a lengthy rebuttal issued by a...
Drug fiends try deals on wheels
ILLICIT drug importers and transnational crime syndicates are using ro-ro ships to smuggle cocaine, MDMA (ecstasy) and ketamine into Australia, concealed in new vehicles. The...
Boxship Dali now unabridged
AFTER a two-day delay due to high winds and lightning the US Army Corp of Engineers last night US time successfully used small explosive charges to remove most remaining bridge...
GMF: decarbonising shipping will be a job creator
NEW analysis, commissioned by the Global Maritime Forum and conducted by Arup, projects that the maritime sector’s transition to e-fuels could support up to four million new green...
PPSP offers Hart-felt thanks
VICTORIAN builder Hart Marine has delivered its latest ORC-type pilot boat to Port Phillip Sea Pilots at Queenscliff following successful sea trials. Named Torquay, 17.3-metre...
Dali subjected to little bang theory (UPDATED)
PLANS by the US Army Corp of Engineers to use explosives to assist in the removal of the section of Baltimore’s Francis Key Scott Bridge still laying over the bow of the...
NYK finds a way to re-hash the lash
JAPAN'S NYK has found a way to recycle and re-purpose one of the indispensable tools of international vehicle shipping. Last month NYK Line, NYK Trading Corporation, Azbil...
Seaborne live sheep exports banned in 2028
THE FEDERAL Government will ban all live sheep exports by sea from 1 May 2028 in a move already condemned by the National Farmers Federation, the WA Government, the National Party...
NYK Group's 2023 down but still third highest
JAPAN'S NYK Group saw profits fall for all major divisions in fiscal 2023 (ending 31 March 2024) but revenues and net profit came in as the third highest ever achieved. Profit...
Cement carrier latest to incur AMSA wrath
AMSA has banned another ship from Australian waters, the second this year and the 22nd since 2020. This time it is the 25,953 DWT cement carrier Darya Shaan, registered to KC...
