World Container Index jumps 7%
THE WORLD Container Index increased again this past week, up 7% to US$3444 per 40-foot container on 7 November. The composite index, published weekly by Drewry, is now 67% below...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1495 on Friday 8 November The Baltic Dry Index for the week ending Friday 8 November 2024. Source: Baltic Exchange Capesize The...
TasPorts says Grassy Port works nearing completion
TASPORTS says the Bollard Replacement Project at King Island’s Grassy Port is progressing, with works nearing completion. The project aims to enhance the infrastructure at the...
Bulk bingle puts Ardrossan out of action
A BINGLE between ship loading equipment and bulk carrier African Jay means vessels are not being loaded. Details on the incident remain sketchy, but there were no injuries. The...
How private mobile networks are making waves at container ports
By Nihir Bansal, Product Solutions Manager, BAI Communications PORTS all over the world are busier than ever, facing intense demands in a global economy that leans heavily on...
Rates continue upward trajectory
AGAINST A BACKDROP of the tentative recovery in China-Australia spot rates container lines continue to chance their hands with rate rise notifications for shipments ex Asia. The...
NPDL, Swire making changes
DRYDOCKING requirements will see Neptune Pacific Direct Line shuffle ships on three services in coming months. NPDL has chartered Nauru Shipping Line’s 628 TEU Skyline to operate...
President Trump in, Australian trade out?
Yesterday (6 November) saw the world watch with fixated eyes as Donald Trump sailed to a decisive victory in the United States Presidential election, a result with certain...
PacNat appoints new CEO
PACIFIC National has appointed Brett Grehan as its next chief executive officer, succeeding outgoing CEO Paul Scurrah. Mr Grehan’s appointment was announced on 6 November,...
Newcastle port protest to go ahead despite Supreme Court ruling
THE NEW South Wales Supreme Court has today (7 November) ruled in favour of an application by the NSW Police Commissioner to prohibit a planned climate protest in Newcastle’s...
Rising shipping insurance hurting community groups
RISING insurance costs for the shipping industry are taking money away from community groups. EES Shipping Managing Director Brian Hack says community sport is the big loser as...
Australia and UAE finalise CEPA
AUSTRALIA and the United Arab Emirates have signed their Comprehensive Economic Partnership Agreement – a deal eliminating tariffs on more than 99% of Australia’s exports to the...
Kimberley bridge building supply chain resilience
WESTERN Australia has taken the next step in building supply chain resilience in the Kimberley with the new Brooking Channel Bridge set to open to traffic on Wednesday, 13...
LETTER TO THE DCN: An unwelcome safety development
I WAS interested to read the DCN report that the state maritime safety regulator was ill-equipped to perform its statutory safety role. We also note in relevant part of the...
COSCO, OOCL triple Tasman frequency
THE TRANS-TASMAN service operated by Cosco SL and OOCL, known respectively as ANE and ANS, is being upgraded to weekly frequency, effective next month. The 1841 TEU ESL Winner,...
