Crook Cookers’ maintenance costs to double?
KIWIRAIL has assured the NZ Government it no longer expects maintenance costs for its three aging Cook Strait ferries to reach almost NZ$65 million per annum, despite expectations...
$2.5m Seafarer Welfare Fund launched in NSW
PORT Authority of NSW, Port of Newcastle and NSW Ports have joined forces to set up a $2.5-million Seafarer Welfare Fund The initiative is reportedly a first for Australia. The...
World Container Index increases yet again
DREWRY’S World Container Index climbed again this week, up 7% to US$5117 per 40-foot container on 20 June. The composite index has increased 233% when compared with the same week...
Baltic Exchange weekly report
THE BALTIC Dry Index ended the week on 1997 (Friday 21 June), which was an increase from the previous week's 1948. The Baltic Dry Index for the week ending Friday 21 June 2024....
Iron ore hub closure to impact Esperance port
THE CLOSURE of Mineral Resources’ Yilgarn iron ore hub will have a major impact on Southern Ports’ Esperance operation. Mineral Resources managing director Chris Ellison announced...
MMA directors recommend $1 billion offer
DIRECTORS OF Perth-based ASX-listed company MMA Offshore have recommended shareholders accept a $1.07 billion offer from Singapore’s Cyan MMA Holdings to acquire 100% of MMA’s...
New maritime cyber security body launched
A NOT-for-profit body committed to improving standards of cybersecurity risk management across the maritime industry has been launched this week in the United Kingdom. Called...
AMSA awards more regional AtoN contracts
THE AUSTRALIAN Maritime Safety Authority on Thursday (20 June) awarded six regional contracts for maintenance of Australia’s aids to navigation (AtoN) network. The national...
New chair at QLD ports corp
GLADSTONE Ports Corporation has welcomed Adrian Noon as its new chair. Mr Noon succeeds Anthony Lynham, who resigned from the board on 31 May. GPC said Mr Noon is “deeply...
ACCC adds Olam to Namoi takeover concerns
BOTH bidders for Namoi Cotton are now under ACCC scrutiny, following the commission today [20 June] issuing a statement of concerns about Olam Agri Holdings’ proposal. The ACCC...
KiwiRail, KiwiFail
NZ’S TRANSPORT Accident Investigation Commission has highlighted KiwiRail’s systemic safety issues in a new report about a train derailment in stormy weather near Te Puke, Bay of...
MV Tutor believed to have sunk
A BULKER struck by Ansar Allah in the Red Sea last week is reported to have sunk. Liberian-flagged coal carrier Tutor was hit by an uncrewed surface vessel on 12 June. A statement...
Australia must do more for climate than just promote EVs, researchers say
CLIMATEWORKS Centre has outlined their recommended solutions for the decarbonisation of Australia’s freight and passenger transport in a new report. Released last week,...
Southern Ports cash boost for local organisations
SOUTHERN PORTS has donated $300,000 to support local organisations in Albany, Bunbury and Esperance and is now calling for a new round of applications. Over the past year 41 Great...
Devonport berth reopens to shipping after project completion
TASPORTS has advised that the Port of Devonport’s 4 West berth has today (19 June) reopened to shipping following the installation of new fenders. The fenders were installed at...
