More profits, less doom – but …
WORK by US analyst John D McCown shows container lines recorded a net profit of US$5.4 billion in the first quarter of 2024, a massive turnaround from 3Q 2023 and seven previous...
PIL and PSA collaborate in low-carbon end-to-end shipment trial
PSA Singapore and Pacific International Lines have successfully trialed a low-carbon end-to-end shipment, furthering efforts to decarbonise supply chain transportation. The pilot...
Report: Freight vehicle congestion approaches pre-covid levels
THE BUREAU of Infrastructure and Transport Research Economics (BITRE) has released its 2023 report on freight vehicle congestion in Australian capital cities. The fifth issue in...
China lifts import bans on major Australian beef exporters
THE Australian Government has confirmed that import restrictions imposed by China against five Australian meat processing establishments have been lifted with immediate effect....
Maritime veteran appointed new leader for Pacific Towing
PACIFIC Towing Marine Services has officially appointed Papua New Guinean local and maritime veteran Gerard Kasnari to the role of manager. Previously PacTow’s marine operations...
Incat chasing zero with Euro partners
TASMANIAN shipbuilder Incat has joined French ferry operator Brittany Ferries and Finnish marine and energy technology company Wärtsilä to explore design and technical...
AMWS honours long-serving councillor
ON TUESDAY 28 May the Australian Mariners Welfare Society met for their annual function, attended by members, friends and supporters of the seafarers welfare community. Held at...
MIAL quits Asian shipowners group
AUSTRALIA has resigned from the Asian Shipowners’ Association after 30+ years as a founding member. Maritime Industry Australia Ltd handed in its notice at ASA’s AGM in Hong Kong...
Engage Marine secures funding partner
ENGAGE Marine has found a top-tier financial backer to capitalise on growth opportunities and fund expansion of its marine services across Australia. The US-based PGIM Private...
Planned Melbourne freight terminal deferred indefinitely
PLANS for the Western Interstate Freight Terminal (WIFT), a freight hub that was to be situated in the suburb of Truganina in Melbourne’s west, have been deferred indefinitely...
MOL backing wind propulsion technology into the future
MITSUI O.S.K. Line have announced their intention to install wind propulsion systems on seven newbuilding bulk carriers and multi-purpose vessels. This will bring the total number...
Key Lumsden Point contracts let
PILBARA Ports’ Lumsden Point common-user infrastructure project at Port Hedland has achieved two major milestones with the confirmation of two significant contracts. Jan De Nul...
WW sells MIRRAT to AAT
IN SHOCK news Wallenius Wilhelmsen has entered into a definitive agreement to sell the Melbourne International Ro-Ro & Auto Terminal to Australian Amalgamated Terminals. Qube’s...
Aussie-designed hybrid ferries launched in Med
THE FIRST vessels in a new fleet of hybrid ferries designed by Australia’s Incat Crowther is said to have exceeded performance expectations during sea trials, ahead of deployment...
TasPorts’ clean sweep in North West
A PROGRAM of bed-levelling is underway in the port of Devonport following similar work in Burnie that successfully increased alongside depth at several berths. Polaris Marine’s...
