K&S reports big increase in 1H profits, warns of clouds on the horizon
ASX-listed logistics firm K&S Corporation announced its underlying profits before tax for the first half of the 2023 financial increased 105.5% (over 1H FY22) to $24.1 million. In...
Silk Logistics’ revenue increases 39%
SILK Logistics’ revenue increased 39% in the first half of the 2023 financial year to $253.6 million. The company said the growth over the first half of the 2022 financial year...
ACCC loses appeal in NSW Ports competition case (updated)
THE FULL Bench of the Federal Court today (23 February) dismissed the Australian Competition and Consumer Commission’s appeal in a case over the legality of port sale deals...
International logistics company to trial electric vehicles in Australia
GEODIS has joined with Volvo Australia to pilot the first fully electric variant truck for freight forwarding in the Australian market. This partnership will use Volvo’s fully...
Sustainable biofuels supply chain trial complete
THE Global Centre for Maritime Decarbonisation has completed trialling two supply chains of biofuel blends sourced from different origins. According to a statement from the GCMD,...
Port Hedland capacity expansion project underway
THE FEDERAL government is investing $565 million for common user port upgrades in the Pilbara. The government said the investment would help expand the export and import capacity...
NorthStandard officially open for business
NORTHSTANDARD has officially opened for business after the merger of P&I clubs North and Standard Club. The new entity is headquartered in the UK and has offices throughout...
A first call for heavy lift specialist
SWIRE Projects completed its first voyage to Western Australia, delivering 88 ore cars to BHP at Port Hedland. The heavy lift division of Swire Shipping used its 19,000 DWT tonne...
Wellard reports first-half loss
LIVE export company Wellard reported a loss of US$5 million in the first half of the 2023 financial year. The company said Australian cattle export volumes were at the lowest...
Another Townsville stevedore puts in place Aussie tech platform
TOWNSVILLE stevedore TML is implementing Inbound, a web-based truck appointment system which aims to ease congestion caused by unscheduled truck arrivals. Inbound is a digital...
IMO considers adding digits to ship numbers
THE INTERNATIONAL Maritime Organization is considering a proposal to increase the number of digits used in the IMO Ship Identification Number Scheme from seven to eight. The IMO...
WiseTech Global acquires intermodal platform provider
WISETECH Global has acquired US company Blume Global for US$414 million. A press release from WiseTech said Blume is a “provider of a leading solution facilitating intermodal rail...
GeelongPort and Fortescue Future Industries to study green hydrogen prospects
GEELONGPORT and Fortescue Future Industries have teamed up to study the prospect of developing a green hydrogen production facility in Geelong. The two companies signed a...
ICTSI proposes $500m expansion of VICT into Webb Dock North
VICTORIA International Container Terminal’s parent company, International Container Terminal Services, has mooted a proposal to expand the Melbourne terminal to include the nearby...
ICS reaffirms commitment to 2050 net zero
THE BOARD of the International Chamber of Shipping has submitted a revised proposal to the International Maritime Organization that reaffirms the industry’s commitment to meet...
