News
Green Shipping
Sailing into the wide green yonder LEADING up to the publication of its Maritime Emissions Reduction National Action Plan (MERNAP), the Australian government has put out four...
Baltic Exchange weekly report
THE BALTIC Dry Index plummeted this past week, beginning the week at 1814 and ending it at 1576 (on Friday 18 October). The Baltic Dry Index for the week ending Friday 18 October...
Pacific Basin’s mixed 3Q
HONG KONG-based Pacific Basin, one of the largest participants in Australasian sub-Panamax bulk trades, continued to generate strong cash flows in 3Q 2024 but underperformed in...
Unions attack KiwiRail cull
KIWIRAIL will begin offering redundancies to all staff from Monday [21 October] in what chief executive Peter Reidy says is part of a “transformation plan” for the...
NZ marine incidents: is fuel quality the problem?
AMID SPECULATION ‘bad’ fuel may have contributed to the 5 October reef grounding and subsequent sinking of HMNZS Manawanui, Maritime New Zealand and Strait NZ have today confirmed...
World Container Index continues freefall
DREWRY’S World Container Index has continued its freefall marking another declining week, falling by 4% to US$3216 per 40-foot container for the week of 17 October. The latest...
AAT hails arrival of new Liebherr portal crane
AUSTRALIAN Amalgamated Terminals (AAT) has today (18 October) announced the arrival of its new Liebherr LPS 550 rail-mounted portal crane, onboard MV UHL Fable. AAT, which...
Record numbers for WA cruise season
THE CRUISE sector in Western Australia has generated a record $385 million for 2023/24 with 290 cruise ship calls over the past season. It’s a number expected grow this year with...
Exporters to Europe: prepare for new regs
THE European Union’s Import Control System 2/Release 3 will come into effect next month with ANL/CMA CGM advising that following approval from customs authorities ICS2 will ‘go...
Intercargo frets over Rightship move
MOVES BY Melbourne-founded safety-focused digital maritime platform RightShip to change its vessel inspection age triggers in the dry bulk and general cargo sectors (DCN 11...
MP looks to Newcastle's future at SAL luncheon
SHIPPING Australia’s NSW State Committee Newcastle Luncheon on 17 October was a timely one, following a milestone for Port of Newcastle’s Clean Energy Precinct and ongoing efforts...
PIL names first two LNG container vessels
PACIFIC International Lines (PIL) has named two liquefied natural gas (LNG) dual-fuel container vessels in a ceremony at the Jiangnan shipyard in China on 15 October. The 14,000...
WA defence precinct to support 10,000 local jobs
A DEFENCE precinct at Western Australia’s Henderson shipyard is expected to support 10,000 local jobs over the next 20 years with tens of billions of dollars being invested in...
Back in blue: Strait runner returns
BASS STRAIT ro-ro Tasmanian Achiever II has returned to Melbourne from drydock in Singapore, resplendent in its new Strait Link blue livery. The 2018-built, 28,708 GT vessel,...
Inland Rail announces $100 million regional boost
INLAND Rail has announced today (17 October) that its spending with local business on the Beveridge to Albury (B2A) section of the project has passed the $100 million mark. The...
