Change in piracy threats in Indian Ocean prompts re-think
A CONTINUED downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the High Risk Area (HRA) for piracy in the Indian...
Fifth man charged after seizure of drugs
ON 13 August, the Australian Federal Police High Volume Drug Crime Team, together with Victoria Police Joint Taskforce Icarus members arrested and charged a 32-year-old Melbourne...
IMO agrees on interpretation of limitation of liability
AT its meeting held in July, the Legal Committee (LEG) of the International Maritime Organization (IMO) agreed on a unified interpretation of the test for breaking a shipowner’s...
High-tech exhibit celebrates rise of the port city
A NEW exhibition at the Maritime Museum of Townsville, Rise of our Port City, follows the development of the Port of Townsville and the city spawned by the port’establishment. The...
Industry calls for governments to prioritise “critical land”
INDUSTRY groups, Ports Australia and the Australian Logistics Council, are urging governments around Australia to prioritise land critical to the sustainable future of supply...
NQBP’S Bowen Wharf repair works completed
SINCE late February, about $3.6 million worth of works have been carried out on the Bowen Wharf, which has seen parts of the aged timber structure repaired or replaced. North...
Port of Melbourne to proceed with Webb Dock extension
THE Port of Melbourne’s ability to cater for larger vessels will be enhanced following an announcement by the manager of Australia’s busiest container port to proceed with the...
Incidents of piracy and robbery against ships in Asia down in first half
ACCORDING to the ReCAAP Information Sharing Centre, there were five incidents of armed robbery against ships reported in Asia in July 2021. No piracy incident was reported. This...
Containers continue meteoric rise
RESEARCH firm Drewry’s composite World Container index increased marginally by 0.5% or $50 to reach $9,421.48 per 40-foot container this week. That’s 358% higher than the same...
Hapag-Lloyd achieves good result in first half of 2021
SHIPPING LINE Hapag-Lloyd has published its financial and performance results for the first half year of 2021, confirming what it had forecast last week. That is, EBITDA of US$4.2...
The issue of vessels delays goes beyond just transport costs
RECENT vessel-tracking data from project44 reveals substantial year-over-year increases in vessel and shipment delay times across most major trade lanes connecting China to the...
Australian company’s acquisition strengthens e-commerce offering
TRANSPORT and logistics company cargo-partner has acquired fellow logistics company Associated Customs & Forwarding (ACF). Operating from a Melbourne base, cargo-partner provides...
Pondus set to start operations in Melbourne in October
PATRICK Terminals has advised customers that a new weighing system, Pondus, will be available at its Melbourne terminal operations from 4 October 2021. Mis-declared containers...
Aurizon reports improved revenue and earnings
RAIL operator Aurizon has released its annual report for the year ended 30 June 2021. It shows EBIT improved by $46.5 million (10%) to $505.3 million in FY2021, with increased...
Government supports grains and avos on global stage
A NEW Grain Sustainability Certification Scheme will open new trade opportunities for Australia’s grain industry, made possible through a $97,500 grant from the Australian...
