News
Trade, maritime and the Federal Budget
THE FEDERAL government handed down its 2024-25 budget on Tuesday night (14 May) and Australia’s maritime and logistics industries stand to benefit from some of its measures. The...
The Liner Shipping Game is coming to Australia
THE LINER Shipping Game, an educational tool created for the maritime industry, will soon be rolled out in Oceania. Sydney-based strategic advisory firm MPC International has...
Hapag happy despite 1Q slump v 2023
HAPAG-Lloyd has reported declines in group EBITDA, EBIT and profit for the first quarter of 2024 but is upbeat about trends and has revised its forecast for the full financial...
HMM another to report 1Q bounce
EVIDENCE of a strong first quarter recovery in container trade revenues and profits continues to emerge with Korea’s HMM turning in encouraging figures. The carrier’s revenue...
Rail sector happy with budget money
AN ALLOCATION of more than $1 billion in the 2024-25 Federal Budget has pleased the nation’s rail freight and infrastructure bodies. Peak body the Freight on Rail Group welcomed a...
Strategic support earns MIAL praise
THE FEDERAL Government last night committed more than $26 million to the advancement of proposals for an Australian strategic fleet, earning a huge tick form Maritime Industry...
Both sides back US maritime future
NEWS of apparently bipartisan support from Australia’s major political parties for a strong future for the nation’s maritime sector comes after US Republicans and Democrats last...
Another honour for Incat's Clifford
INCAT founder and chairman Robert Clifford has received the prestigious Lifetime Achievement Award at the annual SHIPPAX Ferry Conference, held this year aboard Tallink Silja’s...
Freo container trade increases in Feb
TOTAL container throughput at Fremantle increased in February, according to the latest available trade data from Fremantle Ports. The port handled 75,069 TEU in February this...
Eleen Sofia owners fire back
THE OWNERS of the ITF-focused bulk carrier Eleen Sofia have hit back at claims made by the Federation and, by implication, Daily Cargo News, in a lengthy rebuttal issued by a...
Drug fiends try deals on wheels
ILLICIT drug importers and transnational crime syndicates are using ro-ro ships to smuggle cocaine, MDMA (ecstasy) and ketamine into Australia, concealed in new vehicles. The...
Boxship Dali now unabridged
AFTER a two-day delay due to high winds and lightning the US Army Corp of Engineers last night US time successfully used small explosive charges to remove most remaining bridge...
GMF: decarbonising shipping will be a job creator
NEW analysis, commissioned by the Global Maritime Forum and conducted by Arup, projects that the maritime sector’s transition to e-fuels could support up to four million new green...
MIAL's Blueprint for a Maritime Nation underway
MARITIME Industry Australia kicked off its Blueprint for a Maritime Nation conference in Brisbane on Tuesday (14 May). The event officially opened with a welcome reception on...
PPSP offers Hart-felt thanks
VICTORIAN builder Hart Marine has delivered its latest ORC-type pilot boat to Port Phillip Sea Pilots at Queenscliff following successful sea trials. Named Torquay, 17.3-metre...
