PoM shells out for reef restoration
THE PORT OF MELBOURNE has joined forces with The Nature Conservancy Australia in a $890,000 project to restore shellfish reefs in Port Phillip’s designated dredging grounds. The...
Trump tariffs to ‘blitz’ Australian suppliers
US PRESIDENT Donald Trump has announced plans to introduce 25 percent tariffs on all steel and aluminum imports into the US, in a move tipped to put further pressure on Australian...
Tropical low threatens second WA cyclone
A TROPICAL low near Broome is threatening to become WA’s second cyclone of the season. The Bureau of Meteorology has issued a notice warning the developing low, near the north...
Aust box trades see 9-month boom
THE JANUARY-SEPTEMBER 2024 period proved lucrative for container lines in Australasian trades, with imports rising 9.9% and exports 9.7%, albeit rates were more of a mixed bag....
Strategic Marine inks contract with Odyssey Group
STRATEGIC Marine has announced the signing of a new contract with Odyssey Group to build a state-of-the-art multi-purpose survey vessel. The Singaporean-headquartered provider of...
Two reefers found holding cocaine loads
The AUSTRALIAN Federal Police has seized approximately 41 kilograms of cocaine from two refrigerated containers that were imported into Port Botany. The first container, imported...
Industry to be briefed on major Melbourne changes
MELBOURNE’s container logistics chain will face comprehensive changes later this year when the West Gate Tunnel and upgraded M1 infrastructure comes into use. CTAA, FTA/APSA and...
Swissport grows business in Australia, will enter NZ
AIRPORT ground services and air cargo provider Swissport International has announced a significant expansion of its air cargo handling capacity in Australia. Further, the Swiss...
World Container Index continues to decrease
DREWRY’S World Container Index decreased by 3% to US$3273 per 40-foot container this week. The Drewry WCI composite index is now 68% below the previous pandemic peak of US$10,377...
Inmarsat signs agreement with Maersk
INMARSAT MARITIME has signed an expanded agreement with Maersk to upgrade the former’s satellite communications services across Maersk’s global fleet of approximately 340...
Baltic Exchange weekly report
THE BALTIC Dry Index increased every day this past week, to 815 on Friday 7 February. The Baltic Dry Index for the week ending Friday 7 February 2025. Source: Baltic Exchange...
Inland Rail crossings to be made safer
THE MINISTER for Infrastructure, Transport, and Regional Development, Catherine King, has announced major road and rail crossings will be made safer for future Inland Rail work....
TasPorts celebrates Hobart cruise milestone
TASPORTS has welcomed the 1.5 millionth cruise passenger into Port of Hobart since the state’s modern cruise era began in 2013. The passenger arrived aboard Disney Wonder, which...
Maersk boasts third-best FY result
COPENHAGEN’s A.P. Moller - Maersk has reported strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65%...
MSC debuts cool new monitor
MEDITERRANEAN Shipping Company has launched iReefer, a system that allows customers to track and monitor their temperature-controlled shipments in real time, from anywhere in the...
