ICTSI sees 31% income increase
INTERNATIONAL Container Terminal Services, Inc., parent of Melbourne’s Victoria International Container Terminal at Webb Dock, has reported “another excellent set of results” for...
CMA CGM 3Q profit soars
CMA CGM Group’s profit for the third quarter of 2024 hit USD 2.730 billion, an astounding USD 2.342 billion more than the equivalent quarter in 2023. Group revenue stood at USD...
ITC and SSR ink Somerton haulage deal
SOUTHERN Shorthaul Railroad has entered an agreement to provide haulage services to and from the $400-million Somerton Intermodal Terminal. The above-rail freight operator is to...
ABF welcomes new Commissioner
The Australian Border Force (ABF) has welcomed its new Commissioner Gavan Reynolds AO at an official ceremony in Canberra yesterday (10 November). The official ceremony, held at...
DP World Australia to acquire Silk
SILK Logistics Holdings has inked a sale agreement with DP World Australia for the acquisition of all issued share capital of Silk. The ASX-listed logistics company announced this...
SCLAA announces new acquisition
THE SUPPLY Chain and Logistics Association of Australia (SCLAA) has announced its acquisition of Supply Chain Partners (SCP), a supply chain business tools platform. The SCLAA...
Western Australia
Transport, a challenge for the west <a href="https://g.adspeed.net/ad.php?do=clk&aid=492688&oid=22232&wd=300&ht=250&pair=as" target="_blank" rel="noopener"><img...
World Container Index jumps 7%
THE WORLD Container Index increased again this past week, up 7% to US$3444 per 40-foot container on 7 November. The composite index, published weekly by Drewry, is now 67% below...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1495 on Friday 8 November The Baltic Dry Index for the week ending Friday 8 November 2024. Source: Baltic Exchange Capesize The...
TasPorts says Grassy Port works nearing completion
TASPORTS says the Bollard Replacement Project at King Island’s Grassy Port is progressing, with works nearing completion. The project aims to enhance the infrastructure at the...
Bulk bingle puts Ardrossan out of action
A BINGLE between ship loading equipment and bulk carrier African Jay means vessels are not being loaded. Details on the incident remain sketchy, but there were no injuries. The...
How private mobile networks are making waves at container ports
By Nihir Bansal, Product Solutions Manager, BAI Communications PORTS all over the world are busier than ever, facing intense demands in a global economy that leans heavily on...
Rates continue upward trajectory
AGAINST A BACKDROP of the tentative recovery in China-Australia spot rates container lines continue to chance their hands with rate rise notifications for shipments ex Asia. The...
NPDL, Swire making changes
DRYDOCKING requirements will see Neptune Pacific Direct Line shuffle ships on three services in coming months. NPDL has chartered Nauru Shipping Line’s 628 TEU Skyline to operate...
President Trump in, Australian trade out?
Yesterday (6 November) saw the world watch with fixated eyes as Donald Trump sailed to a decisive victory in the United States Presidential election, a result with certain...
