News
Rightship lowers age triggers
MELBOURNE-founded RightShip, the safety-focused digital maritime platform, has announced a change in its vessel inspection age trigger in what it says is a response “to evolving...
No golden week blanks but schedules sliding
THE ‘TRADITIONAL’ blank sailings that normally accompany China’s Golden Week holiday do not seem to have occurred in the Australasian trade this year but port congestion, bad...
Upgrades nearly complete on SA-WA rail corridor
THE AUSTRALIAN Rail Track Corporation (ARTC) has said that works on a culvert upgrade project in South Australia are nearing completion. The works, taking place in a remote part...
Fresh Produce Exports A Winner At Business Awards
FRUIT and vegetable exporter, Australian Global Exports was announced as the winner of the Ocean Economy category of the Fremantle Chamber of Commerce Business Awards at a gala...
World Container Index Continues Decline
DREWRY’S World Container Index has continued to decline, falling by 4% to US$3349 per 40-foot container this week. The latest composite index is 68% below the previous pandemic...
Baltic Exchange Weekly Report - 11 October 2024
THE BALTIC Dry Index has continued to decrease, declining to 1809 for the week ending 11 October. Capesize The Capesize market faced a generally soft week with declining rates...
Lobsters back on Chinese menus
THE Chinese ban on Australian lobsters is over with exports getting under way in time for the Chinese new year. News service AAP is reporting Prime Minister Anthony Albanese and...
Arrests made in New Zealand following half-tonne meth importation
A JOINT operation between New Zealand authorities has resulted in arrests and the seizure of over half a tonne of methamphetamine. The illicit consignment, one of the largest ever...
Technology upgrade for Southern Ports
INTERNATIONAL technology group Accenture has been awarded a $13.6 million contract to upgrade technology at Western Australia’s southern ports at Bunbury, Esperance and Albany....
IMO reveals progress on net-zero framework
THE INTERNATIONAL Maritime Organization (IMO) has announced it has achieved key progress in negotiations towards achieving global regulations on net-zero framework The 82nd...
Historic exit from Gearbulk
FOUNDER Kristian Jebsen has sold out of forest products/bulk specialist Gearbulk, just weeks after long-standing shareholder Mitsui OSK Lines increased its stake to over 70%. Mr...
Maersk and Hapag-Lloyd play it safe
GEMINI COOPERATION, the entity formed by Maersk and Hapag-Lloyd to unify their operations on East-West Routes from early 2025, has decided to launch its suite of services via the...
China tightens restrictions on dangerous cargo
THE CHINA Maritime Safety Administration (CMSA) has introduced regulatory changes regarding the import and export of hazardous goods, in a move that will impact container lines....
MPA signs MoU with Chinese transport authority for green corridor
THE MARITIME and Port Authority of Singapore (MPA) and China’s Shandong Provincial Transport Department have signed a memorandum of understanding (MoU) to establish the Singapore...
Sharks and ROVs don’t mix
OFFSHORE energy regulator NOPSEMA is reporting an increased number of incidents involving fauna becoming tangled in subsea equipment. In a notice on its website NOPSEMA said...
