Faster TT Line terminal but costs balloon
TT LINE’s controversial new East Devonport terminal will be completed earlier than previously forecast but will cost an additional $118 million. The much-delayed Berth 3 terminal...
Baltic Exchange Weekly Report - 9 May 2025
The Baltic Dry Index has fallen this week, standing at 1299 for the week of 9th May. Capesize The Capesize market remained in negative territory throughout the short week, with...
First quarter mighty for Maersk
A.P. MOLLER-Maersk has lobbed a strong first quarter result, reporting revenue growth of 7.8% to USD 13.3 billion with EBIT increasing to USD 1.3 billion from USD 177 million a...
Swire announces ban on donkey skin shipping
SINGAPORE liner company Swire Shipping has announced a ban on the carriage of donkey skins, a policy said to be based on ethical and environmental grounds. The policy was...
DP World opens first Singapore warehouse
DP WORLD has announced the opening of its first ever logistics asset in Singapore, bringing its total warehousing capacity in the Asia Pacifici region to over 800,000 square...
Speculation over Tauranga sell-down
SUGGESTIONS Australia’s Qube may be lining up a bid for a significant stake in NZ’s Port of Tauranga have been met with silence from the major shareholder in the NZSX-listed...
Queensland announces China trade and investment strategy
STRONG complementarities between China and Queensland are key to growing trade links, a new report says. Trade and Investment Queensland, the trade arm of the state government,...
PANSW undertakes haz mat exercises
THE PORT Authority of NSW has engaged in an annual multi-agency exercise, Weeping Dragon, to test its emergency response to hazardous materials in a simulated chemical spill off a...
NZ makes key ferry replacement appointments
FERRY Holdings, the company established by the NZ Government to manage the KiwiRail Cook Strait ferry replacement program, has short-listed six builders. The company’s closed...
NSW: Keeping the wheels turning
NSW Ports provides an update on current trade flows and progress on its projects to improve capacity especially on rail THE CURRENT year is so far proving to be a positive one for...
Little impact from Patrick shareholder shuffle
PATRICK half-owner Qube Holdings is not expecting changes to eventuate from co-investor Brookfield’s establishment of a new ownership consortium for the Canadian infrastructure...
Freight on Board celebrates 35th birthday
THE ELEMENT Restaurant at Revesby Workers Club, Sydney, was the setting for logistics and forwarding business Freight On Board International’s recent 35th birthday celebrations....
Leeuwin II rebuild plans see progress
PLANS to rebuild and refit the sail-training tall ship STS Leeuwin II are reportedly one step closer, according to the Leeuwin Ocean Adventure Foundation. The foundation said in a...
Tauranga enjoys kiwifruits of its endeavours
AN EVER-expanding kiwifruit harvest has prompted the port of Tauranga, marketer Zespri and Tauranga Kiwifruit Logistics to enter a five-year partnership to grow cargo volumes...
OPINION: Why true readiness goes beyond compliance
I LEARNED one of my most important lessons about operational safety not at sea, but behind the wheel of a car. Shortly after getting my driver’s license, I signed up for some...
