News
500 seafarers remain trapped on vessels in Ukrainian ports: ICS
JUST fewer than 500 seafarers remain sheltered, awaiting evacuation onboard 109 ships at Ukrainian ports in the Black Sea and the Sea of Azov, according to data gathered by the...
Vic budget to fund container rail mode share scheme and more
THE VICTORIAN state government’s budget for 2022-23 includes $3.5 million for the Mode Shift Incentive Scheme, which, the government says, will remove the equivalent of 28,000...
Incat Crowther wins contract to design CTVs
AUSTRALIAN vessel designer Incat Crowther was awarded a three-vessel order from Windea CTV, a US-based operator of crew-transfer vessels. Two of the CTVs will be built by St Johns...
New CFO for Aussie logistics company
AUSTRALIAN freight and logistics operator Wiseway has appointed a new chief financial officer. Chris Scholtz has stepped into the role, effective immediately. Mr Scholtz has...
VICT announces infrastructure fee hike
VICTORIA International Container Terminal is increasing its infrastructure charge on 1 July. The automated container terminal at the Port of Melbourne’s Webb Dock is upping the...
WA gov’t puts $78m towards Lumsden Point development
THE WESTERN Australian government is investing $78 million in the Lumsden Port development at Port Hedland as part of the 2022-23 State Budget. A study by economic consultant ACIL...
ONE reports astronomical full-year profits
OCEAN Network Express reported a record profit of US$16.8 billion for the 2021 financial year – this was an increase of US$13.3 billion, or 381%, on the previous year. ONE’s...
China port congestion to remain high: analysts
PORT congestion is rebounding in northern Chinese ports and it is not expected to let up for the next several weeks at least, according to analysis from S&P Global Market...
Decarbonisation summit kicks off in Melbourne
ON Wednesday, Maritime Industry Australia hosted its first maritime decarbonisation summit in Melbourne. A statement from the organisation said this is the first of a series of...
Independent inquiry launched into NZ port deaths
THE NEW Zealand Transport Accident Investigation Commission (TAIC) is beginning an investigation into the two recent workplace deaths at Lyttelton Port (on 25 April) and Ports of...
20th annual Maritime Art Prize & Exhibition announced
THE Mission to Seafarers’ Maritime Art Prize & Exhibition is an international competition that is hosted at the heritage-listed Mission building in Melbourne’s Docklands and this...
ANL announces Australia-China service
ANL has announced a new service that will connect the Australian ports of Brisbane and Sydney with Shekou and Shanghai. The A3 Express Loop (A3X) will run with 4200-TEU capacity...
Aussie freight and logistics operator to open Chicago cargo hub
WISEWAY Group is planning to establish a new cargo hub in Chicago. With the new facility, the ASX-listed integrated freight and logistics operator will have a network covering 11...
Maersk revises 2022 guidance upwards as container volumes fall
A.P. Møller - Mærsk has revised its full-year 2022 guidance up; the company now expects its full-year underlying EBITDA to be around US$30 billion (previously around US$24...
Toll to pay $8.6 million for allegedly violating US sanctions
TOLL has agreed to pay to pay US$6.1 million ($8.6 million) to settle its potential civil liability for 2958 apparent violations of sanction programs administered by the US Office...
