News
Record volumes fuel ZIM success
RECORD carried volumes helped global container line ZIM Integrated Shipping Services to its best-ever results in 2024. In its 2024 and fourth quarter financial report released on...
Chamber says bleak picture if gas is jeopardised
THE CHAMBER of Commerce and Industry in Western Australia has sided with Woodside in a review into the state’s gas sector which paints a bleak picture if gas supplies are...
Air cargo demand boosts Cathay profit
STRONGER air cargo demand has helped drive a profit for the Cathay Group of HK$8.8 billion for 2024. The solid performance was helped by higher passenger volumes, lower fuel...
PIL names container vessel Kota Embun in China
THE FIRST Pacific International Lines (PIL) vessel to carry a bow windshield was named in a ceremony in China this week. The Kota Embun is the fourth 14,000 TEU LNG dual-fuel...
Woodside boss makes plea for certainty
WOODSIDE Chief Operating Officer Liz Westcott has made a passionate plea for certainty from governments to provide North West Shelf gas approvals beyond 2030. Speaking to Energy...
US crams imports ahead of tariff confusion
US IMPORTERS have been doing their best to anticipate the possible impact of Donald Trump’s on-again, off-again, on-again tariffs, pulling elevated levels of containers in through...
UK collision: containership aground, master charged
THE UK’s Marine Accident Investigation Branch of the Department of Transport is just one of several bodies now undertaking investigations into the Monday [UK time] collision...
NPDL consolidates in Fiji
NEPTUNE Pacific Direct Line has placed two Fijian agency and logistics businesses under the one umbrella, bringing together Transam and Williams & Gosling PTE Limited. Effective...
NZDF wreck set to become dive site
THE GOVERNMENT of Samoa has told its New Zealand counterpart it now sees no need to salvage the sunken HMNZS Manawanui. The vessel sank on the morning of 6 October 2024, after...
Gold Valley to arc up iron ore rail
FREIGHT rail operator Arc Infrastructure will more than double its annual iron ore output from Gold Valley’s Wiluna West Iron Ore Project to the Port of Esperance in Western...
Austal raises $200 million for US expansion
SHIP BUILDER, Austal has raised $200 million to expand its US ship building capability at its Mobile, Alabama shipyard. The capital will be used to fund the FA2 infrastructure...
Hanseatic joins in on container expansion
HANSEATIC Global Terminals have joined the list of container lines expanding vertical penetration of the supply chain by acquiring a majority stake in terminal operator CNMP LH in...
OPINION: Global ports sale to have far-reaching consequences
SCAREMONGERING by US President Trump about perceived Chinese influence over the entrance to the Panama Canal has resulted in some unintended consequences. Hutchison Port Holdings...
North Sea collision highlights safety issues
A MAJOR collision in the North Sea between a cargo ship and a fuel tanker has highlighted the dangers of crowded sea lanes. The stationary tanker was carrying jet fuel for the US...
Port of Newcastle taking a step to Net Zero
AUSTRALIA’S coal capital, Newcastle, is taking another green step with the Port of Newcastle’s Clean Energy Precinct (CEP). The port has signed a formal advisory agreement with...
