ANL launches initiative to help restore Port Phillip kelp forests
ANL has announced today (16 September) the launch of its ‘K-Helping the Bay’ initiative, aimed at protecting some of Victoria’s essential marine biodiversity. Specifically, the...
DSV to acquire DB Schenker
INTERNATIONAL freight forwarder DSV has signed an E14.3 billion deal to acquire logistics business Schenker. DSV will acquire the business from Deutsche Bahn giving it a combined...
China rates still climbing
CONTAINER LINES serving the China-Australia trade are continuing to see freight rates defy global gravity, with spot rates up over USD1000/TEU in a month and more extra-loaders...
NZ customs clearance platform goes live, Australia next in line
SOFTWARE provider Prompt Global has launched a New Zealand customs clearance platform for freight forwarders, 3PLs and customs brokers. The US-based company, though what it calls...
CMA CGM and Zespri consider low emissions shipping corridor
CMA CGM has commissioned a feasibility study into a potential low-emissions shipping corridor alongside Zespri, the world’s largest marketer of kiwifruit. New Zealand’s associate...
Stricken NZ barge under repair
WEST COAST BULK LOGISTICS’ self-propelled bulk barge Manahau will not be allowed to re-enter service until Maritime New Zealand, the classification society and flag state Nuie are...
Third runway at Melbourne Airport to support freight access
THE FEDERAL government has given the all-clear for construction of a third runway at Melbourne Airport, with anticipated benefits for the air freight sector. The development plan...
Baltic Exchange weekly report
The Baltic Dry Index has seen a slight decline, landing at 1890 for the week ending Friday 13 September 2024 The Baltic Dry Index for the week ending Friday 13 September. Source:...
Builder hands over Spirit IV
FINLAND’s Rauma Marine Constructions has handed over Spirit of Tasmania IV, TT Line’s first purpose-built ro-pax for the Devonport-Geelong Bass Strait run. Delivery of the...
$2.7m committed to seafarer wage compliance monitoring
THE FEDERAL government has committed $2.7 million to a compliance monitoring program that aims to protect seafarers from wage theft. The funding, announced on Friday (13...
MOL and Chevron to install Wind Challenger on LNG carrier
MITSUI O.S.K. Lines (MOL) and Chevron Shipping have announced an agreement to install the Wind Challenger hard sail system on a newbuild LNG carrier. The move will see MOL and...
World Container Index continues steep decline
Drewry’s World Container Index has continued its sharp decline this week, decreasing 13% to US$4168 per 40-foot container. The latest composite index of US$4168 per 40-foot...
MOL to develop and lease Australian real estate
MITSUI O.S.K. Lines has announced its involvement in a project that will develop and lease industrial real estate in Australia through an investment fund. The Japanese shipping...
OPINION: Terminal access charges debate ramps up
PATRICK Terminals released a media statement on Monday 19 August 2024 referencing an analysis by Synergies Economic Consulting, titled Synergies Analysis Confirms Container...
Supply chains at risk without seafarer reforms, new report says
The GLOBAL Maritime Forum (GMF) has highlighted a new report regarding seafarer wellbeing which has found the global maritime industry must improve working conditions and welfare...
