World Container Index - 20 March 2025
DREWRY'S World Container Index decreased 4% to $2,264 per 40ft container this week. Source: Drewry World Container Index The Drewry WCI composite index decreased 4% to $2,264 per...
Baltic Exchange weekly report
THE BALTIC Dry Index has dropped during the week, ending at 1643 on Friday 21st March. The Baltic Dry Index for the week ending Friday 21st March 2025. Source: Baltic Exchange...
StraitNZ buys replacement ferry
NEW ZEALAND’s privately-owned Cook Strait ferry operator StraitNZ has sourced a ropax from Europe to replace its 1997-built Strait Ferronia for its Bluebridge service between...
Cyclone blamed for Pilbara Ports output drop
CYCLONE Zelia, changes in market conditions, port maintenance operations and customer needs are blamed for a 6% drop in monthly output at Pilbara Ports compared to February 2024....
Exclusion zone at Darwin port for military exercise
AN EXCLUSION zone has been declared for waters around Darwin Port’s No. 1 berth for a US Navy and Australian Defence Forces exercise from 24 March to 3 April. Around 2500 US...
China-Australia spot rates recover
FREIGHT rates on the China-Australia route reversed direction this week, after steadily falling since the last week of January. The Shanghai Containerised Freight Index for spot...
Massive economic value of three QLD ports
$31.7 BILLION – that’s the contribution of the ports of Mackay, Hay Point and Abbot Point to Queensland’s gross state product, according to a new study commissioned by North...
Catastrophic failures prompt safety alert
TWO recent incidents of improperly packed Cargo Transport Units (CTUs) which led to catastrophic failures have prompted a new international safety alert. The cargo transport unit...
Teekay and MUA resolve Fremantle IA issue
UNION action between the Maritime Union of Australia (MUA) and Teekay Shipping (Australia) Pty Ltd (Teekay), has been lifted. Bunkering at Fremantle Port has now returned to...
Study into Grassy future
THE TASMANIAN government has commissioned consultants to satisfy a 2024 election commitment to investigate the adequacy of infrastructure at King Island’s commercial port, Grassy....
US investigates maritime choke points
IN THE latest iteration of Trump/Republican ideology impacting on the shipping world the Federal Maritime Commission has launched an investigation into whether US shipping is...
Cruisers run away to join the Carnival
THE former P&O Cruises Australia ships Pacific Adventure and Pacific Encounter have begun their transition to Carnival Cruises Australia vessels at Melbourne’s Station Pier....
Melbourne 2024 container volumes highest ever recorded
THE PORT of Melbourne has recorded the highest container trade volumes ever recorded in any Australian port. In 2024, the port saw a total of 3.396 million twenty-equivalent units...
Workshop to seek solutions to maritime skills shortage
A MARITIME Skills Workshop has expressed concerns at the ageing workforce and sought solutions to a critical shortage of maritime skills. Around 60 representatives of companies...
Pilbara Ports calls for Lumsden Point tenders
TENDERS are being called for the next round of development at Pilbara Ports’ Lumsden Point development. The tenders are for the engineering, procurement, construction and...
