News
Latest VICT expansion gets underway
CIVIL works have officially begun for the Phase 3B expansion of Melbourne’s Victoria International Container Terminal, described as “an important milestone in the continued...
Exports up at Pilbara Ports despite industrial action
PILBARA Ports has reported a solid August result, moving a combined 65.9 million tonnes across its ports as iron‑ore demand continued to underpin Western Australia’s export...
Baltic Exchange Weekly Report - 11 September 2026
THE BALTIC Dry Index (BDI) ended last week at 3507 points for 11 September 2026, a slight decrease from 4 September's figure of 3628. Capesize The market experienced a mixed week,...
Government boost to freight resilience
AN INCENTIVE program to shift more freight onto rail and strengthen Australia’s supply‑chain resilience, alongside a refreshed Freight Industry Reference Panel to guide future...
TasPorts manoeuvres around union bans
PROTECTED industrial action in Tasmanian ports, scheduled to begin at 6am Saturday [12 September], is manageable and should cause only minor delays, TasPorts believes. The company...
MUA, Sydney Ferries remain in dispute
THE MARITIME Union has declared “free travel” on Sydney Ferries from now [11 September] until 6 October, but Transport for NSW has warned such a move sits outside the permitted...
New Queensland freight plan delivers rail, heavy vehicle initiatives
ALONGSIDE the federal government’s announcement of plans to boost freight resilience, the Queensland government has released the Queensland Freight Delivery Plan 2026. It outlines...
The supply chain factors behind fuel tankers' extended offshore anchorage
THE SIGHT of fuel tankers sitting offshore for extended periods can look unusual from outside the industry, particularly when the vessels may be accruing significant costs while...
New Zealand coastal service to launch in December
A NEW Zealand newcomer has announced the inauguration of a fortnightly coastal container/ bulk/ breakbulk service in December this year with two locally-crewed vessels on...
World Container Index – 10 September 2026
THE DREWRY World Container Index (WCI), remained stable fore the second consecutive week, finishing at $4,476 per 40ft container. Source: Drewry World Container Index On the...
OOCL remembers Tung Chee-hwa
OOCL released the following statement after the passing of former OOIL chairman Tung Chee-hwa. Mr. Tung Chee-hwa, former Chairman of OOIL and the first Chief Executive of the Hong...
Global shipping volumes remain strong despite rising delays
EVERY day this week felt like a Monday. Not sure if it was the same in your world, but I’m very happy to see this week over! Let’s leave the week behind and take a look at what’s...
Asian Bulk Logistics: Engage the latest part of a "grand plan"
AT THE end of July Jakarta’s PT Asian Bulk Logistics completed the acquisition of a majority shareholding in the Engage Marine Group, first foreshadowed by Daily Cargo News on 27...
Australia on map for Svitzer newbuilds
DENMARK’s Svitzer has signed with Hong Kong builder Cheoy Lee Shipyards for a further six 29-metre TRAnsverse tugs, just as the first of eight TRA2900s already under construction...
Vale CH Tung: “saviour of OOCL”
TUNG Chee-Hwa, from 1982 chairman and CEO of the Tung group and first Chief Executive of Hong Kong (1997-2005), died on 8 September at age 89 after a long illness. The elder son...
