ACCC approves Aurizon’s sale of East Coast Rail
THE AUSTRALIAN Competition and Consumer Commission has given the green light for Aurizon to sell its East Coast Rail business for $425 million. Aurizon in December signed a deal...
Coal demand high, set to decrease: IEA
GLOBAL coal use rose 1.2% in 2022, going beyond 8 billion tonnes in a single year for the first time, according to a report, Coal 2022, from the International Energy Agency. The...
Strategic Fleet Taskforce moves to phase two
THE STRATEGIC Fleet Taskforce has commenced the second phase of its work and is due to present a final report to government by the end of June this year. The taskforce was...
Port of Newcastle announces empty container park project
THE PORT of Newcastle is establishing an empty container park at its Mayfield 4 berth, adjacent to its multipurpose terminal. At a press conference on Monday (6 February), state...
Zim introduces new SE Asia to Australia service
ZIM Integrated Shipping Services is launching a new service covering ports in South East Asia and Australia. The company said the new service would expand its coverage of the...
Last B 747-8 freighter rolls off the line
APEX Logistics, a subsidiary of Kuehne+Nagel, has taken delivery the last Boeing 747-8 freighter as part of a long-term charter agreement with Atlas Air. After a half-century...
Silica exports booming from Freo
SHIPMENTS of high-grade silica through Fremantle Ports have skyrocketed from an average of 300,000 tonnes per year in 2016 to more than double this amount in 2022. According to a...
New ship to ply the Norfolk Island trade
NEPTUNE Pacific Direct Line is to deploy a new, purpose-built landing craft for the Norfolk Island trade. The MV Norfolk’s commissioning is proceeding to plan, with the vessel’s...
Discussion paper makes the case for coastal shipping reform
THE national regulatory regime does not support the aims of an Australian shipping industry, making it not “commercially attractive for Australian companies to put nationally...
Major Inland Rail construction begins in Victoria
MAJOR works on the Victorian section of the Inland Rail project have begun, according to a statement from the Australian Rail Track Corporation. ARTC marked the occasion with a...
Seafarer happiness on the up in 2022: report
THE LATEST Seafarers Happiness Index report reveals average seafarer happiness levels in the last quarter of 2022 reached 7.69/10, up from 7.3, with levels rising across almost...
ONE reports “significant deterioration” in profits
OCEAN Network Express has reported a decline in profits in the third quarter of the 2022 financial year. It said its quarterly profit of US$2.77 billion was a “significant...
Svitzer Australia appoints two to senior roles
SVITZER Australia has appointed a new general manager – east and a new deputy chief commercial officer. The company appointed Dylan Sheehan the new general manager – east. Svitzer...
Hapag-Lloyd announces “extraordinarily” strong 2022 results
HAPAG-Lloyd’s profits soared last year, according to its preliminary and unaudited figures for the 2022 financial year. The company’s earnings before interest, taxes,...
NYK invests in Ghelia to study autonomous vessels
NIPPON Yusen Kaisha has invested in artificial intelligence technology company Ghelia to conduct research into autonomous ships. NYK said the investment and partnership deal would...
