News
Monthly container trade up again at Melbourne
MONTHLY container trade at the Port of Melbourne has increased again; the port has reported an 11.7% increase in April 2024. The port handled 277,000 TEU last month. Full imports...
Drewry posts WCI increase
DREWRY’S World Container Index increased by 16% to US$4072 per 40-foot container this week. The index posted an increase of 142% when compared with the same week in 2023. The...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1797, which is a 53% increase compared with the same week last year. The Baltic Dry Index for the week ending Friday 24 May 2024. Source:...
Scurrah to disembark PN train
PAUL Scurrah will step down from his position as chief executive of Pacific National at year’s end. The Australian this afternoon reported Mr Scurrah had told the PN board upon...
First ferry in new Parramatta fleet enters service
THE FIRST vessel in the new fleet of Parramatta Class river ferries has entered service in Sydney, and will primarily operate along the busy Parramatta to Circular Quay route. The...
AAL to get additional newbuildings
AAL Shipping has confirmed two additional heavylift multi-purpose ships ordered by parent Schoeller Holdings will join its fleet. DCN earlier reported that Schoeller had place...
Restoration for historic pier
THE Victorian Government has opened tenders for repairs to the historic Workshops Pier in Williamstown, Melbourne as part of a $46 million program to rebuild piers and jetties...
Spirits woes far from over
IT HAS emerged in the Tasmanian Parliament that the additional $80+ million TT Line has been obliged to pay for its new Bass Strait ro-paxes was matched by the Finnish Government...
Napier posts strong first-half earnings performance
NAPIER Port has revealed evidence of solid growth in its half-year results report, highlighting revenue growth and recovery, in particular from log exports and cruise vessel...
Qld towage licences up for grabs
Ports North and the Port of Townsville Ltd, through the Queensland Government, have issued tenders for the provision of towage services in Cairns, Mourilyan, Lucinda and/or...
ALC Supply Chain Summit 2024
GOVERNMENT officials and representatives from the logistics industry met at the ALC Supply Chain Summit to discuss the present and future of transport and logistics Australia. The...
China box drought causing stress
A SHORTAGE of empty containers in China is proving problematic for carriers, although those in the Australian trade are not panicking – yet. The UK’s The Loadstar yesterday [21...
Japan again looks to Australia for CCS
MORE Japanese energy companies are investigating the feasibility of transporting carbon to Australia for underground storage as they seek to reach net zero emissions by 2050. The...
Foundations set for Inland Rail construction
INLAND Rail has reached a “major construction milestone” at one of its Victorian sites. The completion of pile drilling at Seymour-Avenel Road marks the end the pile drilling...
New NZ coaster on its way
A SELF-propelled barge to be used for bulk distribution and transhipment operations on New Zealand’s South Island is now on its way from Singapore. Manahau, which means ‘brisk or...
