News
ASP Ships Group announces new CEO, Asia
ASP SHIPS group has announced the appointment of Christian Riis as its new Chief Executive Officer, Asia. Mr Riis was previously the director of marine safety & welfare strategy...
May schedule reliability up but down
COPENHAGEN-based analysts Sea-Intelligence’s latest assessment of global container line schedule reliability has measured a 3.8% improvement for May 2024 month-on-month – but the...
Newcastle protests continue into 11th day
THE AUSTRALIAN Rail Track Corporation has denounced the reckless activities of climate protesters as protests in the Hunter region enter their eleventh consecutive day. Today (5...
Baltic Exchange weekly report
THE BALTIC Dry Index fell to 1966 on Friday 5 July, a figure 95% higher than it was in the same week last year. The Baltic Dry Index for the week ending Friday 5 July 2024....
Road projects to improve freight efficiency
FEDERAL and Queensland governments announced plans on 5 July for road infrastructure programs across the country in a bid to boost freight productivity. Queensland has committed...
World Container Index is still skyrocketing
DREWRY’S World Container Index increased 10% to US$5868 per 40-foot container this week. The composite index has increased 298% when compared with the same week last year. It is...
Bad weather, fragile ferries blights Cook Strait services
THE vulnerability of New Zealand’s Cook Strait ferry services has again been underlined this week when bad weather forced the withdrawal of the only remaining Interisland Line...
Seabourn Cruise Line names newest ship in Australian ceremony
SEABOURN Cruise Line has named their newest ship, Seabourn Pursuit, at a ceremony on Australia’s Ngula Jar island. According to SCL, the 170-metre length overall vessel was built...
Live sheep exports may be going but Brazil is back
WHEN one door closes another one opens in what seems to be the case for Australian sheepmeat producers. Minister for Agriculture, Fisheries and Forestry, Murray Watt announced on...
Report calls for data to improve marine safety
DESPITE a 7.6% decrease in distress calls in 2023 over the previous year the 2024 edition of The Future of Maritime Safety Report from Inmarsat Maritime reports there is still a...
UNCTAD predicts growth in international trade
THE UN Trade and Development’s (UNCTAD) first quarter trade update for 2024 is cautiously predicting an increase in international growth. International trade was up by around 1%...
DOF Group to acquire Maersk Supply Service
NORWEGIAN supply shipping company DOF Group ASA announced it will acquire Maersk Supply Service, intending to enhance its position as a major integrated offshore services...
Transport logistics enable Geraldton iron ore mine to restart
THE Shine Iron Ore Mine in Western Australia’s mid-west is to restart and will use owner Fenix Resource’s transport logistics and port infrastructure to help make the project...
SulNOx adds Indonesia patent to fuel-saving tech
FUELTECH group SulNOx has added an Indonesian patent to those it already holds for the US, Europe, Eurasia, Georgia, South Africa, Hong Kong and China. The patent covers a range...
Wärtsilä to deliver ammonia fuel and cargo systems for EXMAR LPG newbuilds
WÄRTSILÄ Gas Solutions, a division of Wärtsilä Corporation, has confirmed they will deliver the fuel supply and cargo handling systems for two newbuild gas carriers. The ships are...
