Wiseway acquires Singapore-based air freight company
ASX-listed company Wiseway Group Limited announced that its wholly owned subsidiary Wiseway Logistics in Singapore has entered into an agreement to acquire 100% of TAF E-Logistics...
Maritime industry supports East Timorese community
THE maritime industry in Western Australia has provided much needed humanitarian support to the East Timorese community. The initiative started when Fremantle Ports was approached...
HyEng Corporation established for Japanese hydrogen research
THREE of Japans’s marine engine manufacturers – Kawasaki Heavy Industries, Yanmar Power Technology Co and Japan Engine Corporation – have announced the joint establishment of the...
Net capacity reduction on Transpac and Asia-Europe container routes
THE impact of vessel delays is by far the largest single element causing the severe capacity shortage on the Transpacific and Asia-Europe container routes, driving up freight...
Charter Hall becomes sponsor for Healthy Heads in Trucks & Sheds
COMMERCIAL property group Charter Hall announced that it has joined Healthy Heads in Trucks & Sheds (HHTS) as an Open Road sponsor. HHTS, a mental health and wellbeing...
Container shipping industry must brace for higher costs
RESEARCH firm Drewry reports that the container shipping sector is either already facing or about to face higher costs. This comes amidst booming stocks and rising profitability...
WA takes tough stance on COVID onboard ships
THE Western Australian government has updated the protocols for vessels arriving at its ports, effective immediately, with tougher requirements for crew testing and vaccination...
GEODIS consolidates NZ operations with new purpose-built facility
LOGISTICS providers GEODIS has announced a strategic move to a new facility at Auckland Airport, following strong and sustained growth in the New Zealand market. The...
PSA Group launches inaugural sustainability report
PSA International has launched its inaugural sustainability report 2020 entitled Green Horizons: Enabling a Better World Through Sustainable Port and Supply Chain Solutions,...
Record performance for GEODIS in the first half of 2021
IN the first half of 2021, logistics group GEODIS has achieved revenues of €4.865 billion, up 21% compared to 2020, resulting from sustained activity recorded in all the group's...
Hapag-Lloyd expects half-year EBIT nearly six times higher than last year
BASED on preliminary figures, shipping line Hapag-Lloyd expects for the first half of 2021 an EBITDA of around US$4.2 billion (€3.5 billion) compared to around US$1.3 billion...
Trident Taskforce seizes drugs and chemicals in joint operation
AS part of a joint drug trafficking investigation, detectives from the Trident Taskforce have arrested two people and seized significant quantities of Gamma Butyrolactone (GBL)...
New dates set for Australian cruise conference
THE Australian Cruise Association has announced new dates for the 2021 annual industry conference. Further to the extension of the lock-down in NSW, the ACA has taken the decision...
Townsville Port reaches milestone in upgrade project
THE rock wall that will form part of the reclamation area and support the Townsville port expansion has been completed, as part of the Port of Townsville’s $232-million Channel...
MOL jointly develops new energy-saving sail
MITSUI OSK Lines has announced that its has reached an agreement with numerous partners on joint research and development of the Iknow Delta Sail Crane, a sail that can be mounted...
