News
Tassie freight route upgrades continue
THE FEDERAL Minister for Infrastructure and Transport has revealed freight route upgrades are continuing with work underway on nine Tasmanian bridges. MP Catherine King nine...
MOL acquires majority shares in Gearbulk
MITSUI O.S.K. Lines has today (21 January) announced it has acquired 72% of the shares of the Switzerland-headquartered Gearbulk Holding AG. Gearbulk is the world's leading player...
Stevedoring sim sees ro-ro incidents drop 37%
A STEVEDORING simulation program launched in partnership with Qube appears to have led to a reduction in incidents during ro-ro operations. New data from Motum Simulation, an...
OPINION: ACCC stevedore monitoring report and a word on charges
OVER the holiday break, I had a chance to digest the Australian Competition and Consumer Commission (ACCC) Container stevedoring monitoring report 2023-24, released toward the end...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased this past week, landing at 987 on Friday 17 January. The Baltic Dry Index for the week ending Friday 17 January 2025. Source: Baltic Exchange...
BICT cruises past 2 million passenger movements
THE BRISBANE International Cruise Terminal (BICT) has reached a milestone of two million passenger movements since it opened in June 2022. The two millionth passenger movement was...
Höegh's 4th Aurora, new contracts
HÖEGH AUTOLINERS has secured two long-term contracts with two major international car producers, just days after the fourth of its innovative Aurora-class PCTCs set sail on its...
First Manawanui fuel recovered
THE NEW ZEALAND Defence Force’s Operation Resolution has completed the first cycle to remove fuel and other pollutants from the sunken HMNZS Manawanui off Samoa, with recovered...
Charges laid over 600kg drug import plot
POLICE have charged three men over a 621-kilogram shipment of drugs that arrived at the port of Melbourne last year. The Australian Federal Police and Australian Border Force...
Pilbara Ports reopen as cyclone moves away
PILBARA ports are reopening for business on Monday morning (20 January) as tropical cyclone Sean, heads west southwest. At 5am AWST the cyclone had built to a category 3 and was...
Blow for Port Hedland
UPDATE: Pilbara Ports will also now have all berths cleared from the Ports of Dampier, Ashburton, Varanus Island and Cape Preston by 1:00am Sunday, 19 January 2025. PILBARA PORTS...
Rehab mine provides first magnetite shipment
A REHABILIATED mine site in the Northern Territory, expected to produce 1.2 million wet tonnes of magnetite concentrate annually, has shipped its first despatch to Asia. The...
Pilot hydrogen to fuel Korean power plants
PILOT ENERGY has signed an agreement to provide ammonia from the Mid West clean energy project in the Perth Basin to fuel coal-fired power plants in Korea. In a stock exchange...
World Container Index drops 3%
DREWRY’S World Container Index decreased 3% this week to US$3855 per 40-foot container. The composite index is now 63% below the previous pandemic peak of US$10,377 in September...
PMG wins PNG port project
TOWNSVILLE-based Pacific Marine Group has secured a multi-million dollar project to upgrade Papua New Guinea’s third-largest port, Kimbe. PNG Ports Corporation Limited (PNG Ports)...
