New bill seeks to enhance responsibility for foreign shipowners in US maritime accidents
UNITED States representative John Garamendi has introduced a new bill intended to hold foreign shipowners accountable for maritime accidents that occur in American waters. The...
Yang Ming sings in second quarter, first half
YANG MING Marine Transport Corporation has joined Evergreen in declaring very healthy financial results for 2024 so far, due to strong demand and increased freight rates. The...
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week on 1691 – a decrease from the 1728 reached in the middle of the week but higher than the 1670 posted on the previous Friday. The Baltic...
Coastal Trading Act exemption extended for cruise
INTERNATIONAL cruise operators with ships traveling to and from Australian ports will continue to benefit from an exemption of the Coastal Trading (Revitalising Australian...
Qantas introduces new freighter services to meet demand
QANTAS is introducing new freighter services and increased capacity in order to meet demand. The Australian airline announced that, from 26 August 2024, it will launch new...
Joint study will determine possibility of nuclear-propelled container ship
LLOYD’s Register nuclear technology company CORE POWER have launched a joint study to investigate the possibility for a nuclear container ship to conduct cargo operations. The...
World Container Index Falls 2%
DREWRY’S World Container Index has seen another decrease this week, falling 2% to US$5428 per 40-foot container this week. The latest Drewry WCI composite index of US$5428 per...
AirAsia Indonesia flight arrives in Cairns for first time
AIRASIA Indonesia has touched down in Cairns for the first time ever, opening the door for the far north to receive more tourists and profit. The first AirAsia service from Bali...
Seven operators accounted for 40% of port handling in 2023
A REPORT from UK based research company Drewry has found that the seven largest global terminal operators handled over 40 percent of global port throughput in 2023. Drewry’s...
48-hour Fremantle strike a nuisance, longer will hurt
A PLANNED 48-hour stoppage by pilot boat operators and vessel traffic service officers at Fremantle Ports will be more of an annoyance than anything, according to Key Account...
Lyttelton drydock reopens
LYTTELTON Port Company has reopened its drydock, with some improved safety features for dock users and ships’ crews. The drydock has been closed to regular ship repairs since 13...
WiseTech opens CargoWise training to all, free of charge
WISETECH Academy, online training arm of WiseTech Global, has opened access to its CargoWise certification courses to the public, intending to enable job seekers to attain...
Hapag-Lloyd says results strong despite numbers down
HAPAG-Lloyd has reported a strong first half of 2024 given market conditions, although results are well below the previous year’s level. The liner shipping company, with a fleet...
MPA and UN Global Compact Network Singapore sign MOU
THE MARITIME and Port Authority of Singapore (MPA) and the UN Global Compact Network Singapore (GCNS) have signed a memorandum of understanding to help strengthen the maritime...
TT Line chairman removed
LONG-SERVING TT Line board chairman Mike Grainger has been forced out by the Tasmanian Government after a dramatic day of claim and counter-claim over problems with the Spirit of...
