News
Trickle becomes a torrent ...
SHIPPERS are facing increased import bills as container lines expand the scope and size of inbound freight rates and surcharges. In further notifications in the past seven days:...
Oil spill response underway after Singapore allision
OIL containment and cleanup efforts are currently underway in Singapore after a dredger struck a stationary bunker barge, causing oil to spill into the water at the port. The...
Cairns sugar shed slated for deconstruction
DECONSTRUCTION plans are in place for a dilapidated sugar handling facility behind the Cairns Cruise Liner Terminal. White’s Shed was built at the port of Cairns in 1923. The shed...
Kongsberg to trial moving chief engineer role to shore
KONGSBERG Maritime has received an approval in principle from the class society DNV to transfer the role of chief engineer from ship to shore. The move would see the chief...
MMA Offshore reports improved earnings
PERTH-BASED, ASX-listed marine and subsea services company MMA Offshore Limited has reported an improved earnings visibility and performance in the year’s second half. It reported...
One seafarer missing after wave of Red Sea attacks
YEMEN’S Ansar Allah has launched another wave of attacks against ships in the Red Sea and Gulf of Aden in recent days. Crews have abandoned ships, and one seafarer was still...
Safety in bulk shipping improves despite increase in fleet, says report
THE annual report from the International Association of Dry Cargo Shipowners on bulk carrier casualties details a continued trend of increasing safety in dry bulk shipping. The...
Australasian box trade down in April v. March
LATEST figures from London-based Container Trade Statistics reveal a mixed bag for Australasia & Oceania in April 2024, with imports and exports both slipping compared to March...
GAC buys Quadrant Pacific agency business
THE GAC Group is taking over the ships agency business of Swire-owned Quadrant Pacific, formerly its network partner in New Zealand. GAC (Gulf Agency Company, based in Kuwait and...
Detained PCTC sails after engine problems resolved
The PCTC Neptune Galene has sailed from the Port of Melbourne after suffering engine issues mid-Port Phillip Bay last week. On 11 June the Greek-flagged, 3800 CEU PCTC experienced...
Maersk adjusts OC1 again
THE likelihood of delays resulting from terminal construction works on the US East Coast has prompted Maersk Line to swap ports on the OC1 service to/from ANZ. Just weeks after...
ADF assists Fijian navy after Aussie-built patrol boat runs ground
THE RFNS Puamau, a Republic of Fiji Navy patrol boat, has run aground on a reef near Fiji’s Lau islands during its maiden assignment. The Fijian navy’s official Facebook page...
Ports Australia unveils 2024 Biennial Conference agenda
PORTS Australia has announced the agenda for its upcoming 2024 Biennial Conference in Hobart. This year’s program is shaped around the theme of “navigating new horizons, adapting...
World Container Index increases again
DREWRY’S World Container Index increased 2% to US$4801 per 40-foot container this week, softening a steep increase seen in recent weeks. The composite index has increased 202%...
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week at 1948 on Friday 14 June. The index is up 81% against the same week last year (1076 on 16 June 2023). The Baltic Dry Index for the week...
