Baltic Exchange weekly report
THE BALTIC Dry Index decreased this past week to 1808 on Friday 26 July. The Baltic Dry Index for the week ending Friday 26 July 2024. Source: Baltic Exchange Capesize The...
MMA deal done
SINGAPORE-based Cyan Renewables has completed its acquisition of Western Australian vessel operator MMA Offshore, making it the Asia Pacific’s biggest platform for offshore wind...
Radical overhaul for MSC Oceania services
IN WHAT the carrier describes, with some understatement as a “reshuffle” Mediterranean Shipping Co is bringing wholesale changes to its Asia-Oceania and Australia-SoPac-NZ...
World Container Index decreases by 2%
DREWRY’S WORLD Container Index has seen a decrease of 2% this week to US$5806 per 40-foot container. The decrease follows over a month of steady increases, including the 1%...
EES warns of more container delays in Singapore
WITH demand for container shipping hitting a record high in May, EES Shipping is warning that delays in Singapore won’t improve in August and September. In a posting to its...
Eastern Pacific Shipping receives sixth dual-fuel bulker
SINGAPORE-based shipowner Eastern Pacific Shipping has welcomed the last of six Newcastlemax bulkers from New Times Shipbuilding in an announcement yesterday (24 July). Mount Ossa...
CSIRO locates Noongah wreck
THE wreckage of the diminutive Australian National Line coastal freighter Noongah, which sank after its steel cargo shifted in heavy weather off the northern NSW coast in August...
Administrative Review Tribunal to launch in October
THE FEDERAL government intends to launch an Administrative Review Tribunal (ART) on 14 October 2024, as a replacement of the existing Administrative Appeals Tribunal (AAT). The...
Kuehne+Nagel posts mostly negative half-year results
KUEHNE+NAGEL have posted mostly unfavourable financial results in their performance report for the first half of 2024. The Swiss transport and logistics company saw a decline in...
ANL finesses Tasman links
ANL Containerline is adjusting both its dedicated Tasman services in moves it says will strengthen its network and better meet customer requirements. The weekly TranzTas service...
Gladstone Ports Corporation CEO resigns
GLADSTONE Ports Corporation’s chief executive officer Craig Haymes has resigned, advising staff yesterday (24 July) that it would be his last day with the corporation. Mr Haymes...
Bigger cruise ships, more visits on the horizon for Eden
THE NSW government has granted planning approval for a modification to the existing Eden Breakwater Wharf Extension – a change that would allow larger cruise ships to call the...
Port of Hastings Corporation appoints new CEO
THE PORT of Hastings corporation announced yesterday (23 July) the appointment of Matt Thorpe as its new chief executive officer. The corporation says Mr Thorpe brings with him...
AAT Deer Park crane decommissioning update
AUSTRALIAN Amalgamated Terminals say the decommissioning project for their Deer Park ship-to-shore crane is currently underway, while noting some weather challenges have occurred....
Weipa dredging complete for the year
NORTH Queensland Bulk Ports has wrapped up this year’s maintenance dredging program at the Port of Weipa. The trailing suction hopper dredger Brisbane removed around 700,000 cubic...
