Baltic Exchange weekly report
THE BALTIC Dry Index increased to 1815 on Friday 31 May, returning to a similar level seen in the previous week. The Baltic Dry Index for the week ending Friday 31 May 2024....
Sinolines takeover in Chinese carrier shuffle
A RE-ARRANGEMENT of Chinese container and ro-ro carriers that will see Sinotrans Container Line [Sinolines] backed into a new grouping is unlikely to affect the line’s Australian...
Melbourne leads nation's airfreight exports in Q1
MELBOURNE airport has declared itself the leading hub for Australia’s airfreight exports, ahead of record export volumes that have surpassed pre-pandemic levels. The first quarter...
Gladstone Ports chair resigns, new director for Port of Tauranga
THE Gladstone Ports Corporation has announced the resignation of chair Anthony Lynham, effective today [31 May]. The GPC board says Dr Lynham “Brought a tenacious work ethic to...
DP World Melbourne suffering ‘extreme congestion’
LANDSIDE logistics operators are experiencing extreme congestion at DP World’s West Swanson Terminal in Melbourne, the Container Transport Alliance Australia reports. DPW has...
Two-way tug traffic on Tasman
JUST weeks after a long-serving Australian tug headed to a new life in New Zealand, the reverse is occurring. The former Switzer tug Karoo, most recently stationed at Albany,...
Unique vessel on trial in NZ
A PARTNERSHIP between ferry company Fullers360 and sustainable marine technology provider Vessev has developed what’s claimed to be the first fully electric passenger vessel to...
More profits, less doom – but …
WORK by US analyst John D McCown shows container lines recorded a net profit of US$5.4 billion in the first quarter of 2024, a massive turnaround from 3Q 2023 and seven previous...
PIL and PSA collaborate in low-carbon end-to-end shipment trial
PSA Singapore and Pacific International Lines have successfully trialed a low-carbon end-to-end shipment, furthering efforts to decarbonise supply chain transportation. The pilot...
Report: Freight vehicle congestion approaches pre-covid levels
THE BUREAU of Infrastructure and Transport Research Economics (BITRE) has released its 2023 report on freight vehicle congestion in Australian capital cities. The fifth issue in...
China lifts import bans on major Australian beef exporters
THE Australian Government has confirmed that import restrictions imposed by China against five Australian meat processing establishments have been lifted with immediate effect....
Maritime veteran appointed new leader for Pacific Towing
PACIFIC Towing Marine Services has officially appointed Papua New Guinean local and maritime veteran Gerard Kasnari to the role of manager. Previously PacTow’s marine operations...
Incat chasing zero with Euro partners
TASMANIAN shipbuilder Incat has joined French ferry operator Brittany Ferries and Finnish marine and energy technology company Wärtsilä to explore design and technical...
AMWS honours long-serving councillor
ON TUESDAY 28 May the Australian Mariners Welfare Society met for their annual function, attended by members, friends and supporters of the seafarers welfare community. Held at...
MIAL quits Asian shipowners group
AUSTRALIA has resigned from the Asian Shipowners’ Association after 30+ years as a founding member. Maritime Industry Australia Ltd handed in its notice at ASA’s AGM in Hong Kong...
