News
Drastic plastic: study finds tonnes on ocean floor
IN A first estimate of how much plastic waste ends up on the floor of the world’s oceans, work by the CSIRO and the University of Toronto in Canada has concluded up to 11 million...
Cost of ending Newcastle container limits revealed
IPART has determined how much the Port of Newcastle needs to pay the state of NSW to end the legislative process that requires the port to reimburse the state if its container...
World Container Index continues steady decline
DREWRY’S composite World Container Index decreased 3% to US$2836 per 40-foot container this week. The latest figure is a 66% increase compared with the same week last year and is...
Lyttelton revenue "well behind forecast"
LYTTELTON Port Company has said its revenue remained “well behind forecast” for the six months to 31 December 2023. The South Island port reported an operating revenue of NZ$93.14...
West pleads for more supply-chain resilience
WA’s Western Roads Federation has made a 19-point submission to state, territory and federal governments seeking a co-ordinated approach to addressing the increasing number of...
Interstate Terminal opens at Moorebank
THE INTERSTATE Terminal at the Moorebank Intermodal Precinct opened on Thursday (4 April) with the arrival of the first interstate train. The Interstate Terminal, located in...
Air cargo demand strengthens in February
NEW monthly data from the International Air Transport Association suggests global air cargo demand is getting stronger. In February 2024, total demand (measured in cargo...
WA ferry under construction at Austal shipyard
CONSTRUCTION of a new passenger ferry, which will operate in Western Australia, has commenced at Austal’s Philippines shipyard. Australia’s Incat Crowther designed the 32-metre...
Melbourne assures about bridge safety
PORT of Melbourne harbour master Warwick Laing has moved to reassure the industry and community that the West Gate Bridge is very unlikely to meet the fate of the Baltimore bridge...
Vale Michael Parker
CONDOLENCES are flowing in from around the industry following the death of Fremantle Ports CEO Michael Parker. Mr Parker died while he was at work on Wednesday morning (3 April),...
Wallenius Wilhelmsen prices Baltimore lock-in
WALLENIUS Wilhelmsen expects the closure of Baltimore, one of the USA’s leading automobile trade ports and a key company hub, to cost it up to US$10 million. WW estimates it will...
Third expedition ship for Aurora
SYDNEY-based Aurora Expeditions will introduce a third small polar cruise ship in 2025, named after Australian Antarctic explorer Douglas Mawson. The 154-pax Douglas Mawson will...
Santos' FPSO reaches another milestone
SANTOS Ltd’s Barossa Gas Project reached another significant milestone last week with the successful installation of the 13th of 16 modules on the floating production, storage and...
Master and company fined for pilot ladder failures
A SHIP’S master and shipping company have been convicted over a serious pilot ladder incident in Australian territory waters in 2023. On 25 May 2023, a mooring master providing...
Flinders sells Logistics to Aurizon
FLINDERS Port Holdings has sold its Logistics and Pirie Bulk divisions to railco Aurizon in a deal it says will promote further trade growth in South Australia. DCN understands...
