Ammonia-fuelled bulker gains approval in principle
CLASSNK has issued an Approval in Principle for an ammonia-fuelled 200,000-DWT bulk carrier. The vessel was jointly developed by Itochu Corporation, Nihon Shipyard, Mitsui E&S...
MSC takes delivery of aircraft
MSC has taken delivery of a new B777-200 freighter. The aircraft is the first MSC-branded plane and it will fly on routes between China, the US, Mexico and Europe, operated by...
CMA CGM Q3 results show slowdown in profits
CMA CGM reported a slowdown in revenue and profit growth over the third quarter of 2022. The company said the quarter was “shaped by persistent geopolitical tensions” and...
ANL helps the kelp
ANL, in collaboration with the University of Tasmania, has launched the K-Help Initiative, which aims to restore the giant kelp forests of south-east Tasmania. Seaweed is an...
New methanol-fuelled tanker named
PROMAN Stena Bulk formally named its first newbuild IMOIIMeMAX methanol-fuelled 49,900 DWT vessel, Stena Pro Patria, in a ceremony hosted in Trinidad and Tobago on 23 November....
North P&I Club to increase premiums for 2023-24
NORTH P&I Club has signalled its intention to apply a 10% general increase in 2023-24 premium rates amid swirling economic uncertainty and mounting inflationary pressures. The...
Labor IR bill gains Senate support
THE government announced over the weekend that it had secured the support of the Senate to pass its “Secure Jobs, Better Pay Bill”. In a statement employment and workplace...
Firefighting helicopter arrives, takes off from Port Botany
A CH-47D Chinook helicopter that will join New South Wales’ firefighting arsenal for the upcoming bushfire season arrived at Port Botany’s Patrick Terminals this week. The Coulson...
K+N takes delivery of first 747 freighter in Atlas Air deal
KUEHNE+Nagel has put into operation its first Boeing 747-8 freighter as part of the long-term charter agreement with Atlas Air. Kuehne+Nagel is expanding its air freight network...
Increases in trade at Botany and Kembla
CONTAINER trade at Port Botany last month saw an increase, with upticks in both export and import volumes. In October 2022, the port handled a total of 252,425 TEU – an increase...
New trade deals to strengthen trade and economic relationships: PM
AUSTRALIAN exporters, businesses, workers and consumers will soon be able to reap the opportunities and benefits of more open trade with India and the United Kingdom with the...
NHVR opens submissions for Round 8 of HVSI
THE National Heavy Vehicle Regulator has opened submissions for Round 8 of the Heavy Vehicle Safety Initiative to fund new projects to deliver a safer heavy vehicle industry....
Importers and exporters lose when infrastructure is treated as a cash machine: Sims
ROD Sims, the former ACCC chair and now a professor at the Crawford School of Public Policy at ANU, said importers and exporters lose out when governments treat infrastructure as...
Hydrogen export project in Tiwi Islands progresses
PROVARIS’ project in the Tiwi Islands to develop a hydrogen production and export facility has advanced with several appointments across key workstreams. The company said the...
Shipping line to bolster Australia-Pacific Islands service
SWIRE Shipping is bolstering its services between Australia and the Pacific Islands. The company is to phase the Melanesian Chief into the service from mid-December. The vessel is...
