DHL, A DISAPPOINTING SHARE PRICE BUT REVENUE GROWTH
GLOBAL logistics group DHL has described 2024 as a “volatile period” in releasing its 2024 financial year report which overall showed increased revenue for the year of 3.0% to...
FORGING A FUTURE FOR FEMALE SEAFARERS
IT’S BEEN a bumpy ride for mother of two, Ruth Philip, on her journey to become PNG Ports first female marine pilot. Given that tomorrow (8 March) is International Women’s Day...
CANBERRA MEETING FAILS ON DARWIN PORT FUTURE
A MEETING between Northern Territory and federal government representatives has failed to reach agreement on the future of Darwin Port. The meeting in Canberra on 6 March 2025...
CMA CGM PLEDGES MULTI-BILLION US INVESTMENT
THE CMA CGM Group has announced a four-year program to invest US20 billion to contribute to U.S. maritime economy and support the transformation of America’s domestic supply...
Alfred: the waiting game
WITH Tropical Cyclone Alfred adopting a peripatetic approach to inflicting itself on Brisbane and environs, the shipping and port industry has little option other than to wait out...
Second Seabourn turning Japanese
THE CARNIVAL Group’s ultra-luxury brand Seabourn Cruise Lines has sold a second vessel to Japan’s Mitsui Ocean Cruises. The 2010-built, 32,477 GT, 458-pax Seabourn Sojourn, a...
No stopping North & East Asia rates slide
WITH China-Australia rates in something like freefall since the first week of January and other Asian trades gradually following suit, carriers are rushing to try more GRIs, rate...
Engage filling North Queensland slots
ENGAGE Marine has procured a second tug for mid-year deployment to the port of Mourilyan, when the company takes over towage contracts in several North Queensland ports. In...
INSIGHT: Turning the invisible, visible
FOR the past 28 years, I’ve worked in the shipping and logistics sector and am often struck by how little people know about our work. Most people take it for granted that their...
ELECTRIC MOTORS INSTALLED ON WORLD’S BIGGEST E-FERRY
THE WORLD’S biggest electric ferry has taken a step towards completion with the installation of the first ever electric motors on an Incat vessel. According to a LinkedIn post on...
HPH SALE: AUST IMPLICATIONS YET TO UNFOLD
AS NEWS OF CK Hutchison’s decision to offload the majority of Hutchison Port Holdings’ global network of ports and terminals to a Black Rock/GIP-MSC consortium continues to...
Mackay passes two million milestone
NORTH Queensland Bulk Ports is emphasising the increasing role of the port of Mackay in the state’s global connections, highlighted by a new trade milestone. Rising grain exports...
Work to make Burnie berthing sweet
TASPORTS is preparing to begin restitution works at Burnie’s Berth 4, the Strait Link ro-ro terminal. Last August TasPorts was forced to impose restrictions on parts of Strait...
HUTCH IN GLOBAL SELL-OFF
IN A STUNNING DEVELOPMENT Hong Kong-based CK Hutchison Holdings has reached an in-principal agreement to sell all its ports and terminals outside China/Hong Kong to the Black...
OPINION: Structured ordering
STRUCTURED ORDERING is where multiple orders are placed with one supplier in a short timeframe, with all orders having a customs value at or below the $1000 threshold and which...
