AIR CARGO: In the air tonight
As global shipping continues to face disruptions, is a new era dawning for air cargo? AFTER several years navigating the Covid-19 period and its aftereffects, the global air cargo...
Lines maintain Red Sea bypass
THE ONLY container line service previously linking Australia with Europe via Suez looks unlikely to return to that routing any time soon. The MSC AES/CMA CGM NEMO service began...
New president named for Birdon America
BIRDON Group, an Australian-owned boat builder with a US head office, has announced the new president of Birdon America. Tony Ardito joined the company as president on 27 January....
Freeway work to aid Westport freight efficiency
A $700 MILLION project to improve the efficiency of freight moving down the Kwinana Freeway to Western Australia’s proposed Westport container port has been announced by the state...
Bulk carrier seized by Sweden after cable incident
YET ANOTHER vessel has been detained following a over a suspected case of sabotage in the Baltic Sea, this time for damages to a communications cable running between Sweden and...
DP World and NSW Ports to expand Port Botany rail capacity
DP WORLD and NSW Ports have announced a co-investment of $400 million to expand the rail terminal at Sydney’s Port Botany. The move will see capacity at the improved facility more...
Baltic Exchange weekly report - 24 January 2025
THE BALTIC Dry Index plummeted this past week, from 957 on Monday to 778 on Friday (24 January). The Baltic Dry Index for the week ending Friday 24 January 2024. Source: Baltic...
Fremantle to follow in Canary Wharf footsteps
FREMANTLE Harbour will follow in the likes of port redevelopments such as Barangaroo (Sydney), Canary Wharf (London), and HafenCity (Hamburg) in the wake of the shift of the...
TasPorts joins forces to tackle oil spill
A COORDINATED response effort remains underway in Tasmania to address an oil spill at Lake Rosebery in Tasmania’s west. TasPorts is working alongside Environmental Protection...
Investor interest in failed FSG
PROVISIONAL insolvency administrators for Flensburger Schiffbau Gesellschaft, the collapsed German shipyard building Searoad Shipping’s new Bass Strait ro-ro, say they have...
PBPL energy network goes live at Port West Stage 2
THE PORT of Brisbane embedded energy network has gone live at PBPL’S Port West Industrial Estate (Stage 2). The embedded network allows Port of Brisbane to supply 100% renewable...
World Container Index takes a dive
DREWRY’S World Container Index decreased 11% to US$3445 per 40-foot container this week. The composite index is now 67% below the previous pandemic peak of US$10,377 in September...
Early phase of cable investigation nears completion
THE EARLY phase of the criminal investigation into the Estlink 2 cable rupture incident is nearing completion, Finnish authorities have confirmed. Finalnd’s National Bureau of...
Positive 2024 crew happiness trend reverses in Q4
THE LATEST quarterly figures from the Seafarers Happiness Index show a break in a positive trend seen throughout 2024. A drop from 7.16 in Q3 to 6.91 in Q4 marks the first decline...
WA government wants control of freight rail
THE WEST Australian government wants to take back control of the state’s freight rail network Cook Government to enter negotiations to secure control of the freight rail network...
