News
Electric harbour-craft charging trial goes live in Singapore
THE MARITIME and Port Authority of Singapore has launched its first trial of an electric harbour-craft charging point. The pilot trial at the Marina South Pier follows a call last...
Green corridor plans go to govt
THE GETTING to Zero Coalition, convened by the Global Maritime Forum, has submitted recommendations to the Federal Government for the establishment of a green shipping corridor...
NQBP infrastructure slated for upgrade
NORTH Queensland Bulk Ports has announced a $10-million investment to upgrade to pipeline facilities at the Port of Mackay. The pipelines set for an upgrade are used to supply...
Govt commits $45m to freight-route upgrades
THE FEDERAL government has committed $45 million to 19 priority freight-route safety upgrades. Around $25 million would go to 14 projects under the Bridges Renewal Program, and...
DNV approves HD Hyundai maritime innovation
DNV has issued shipbuilding conglomerate HD Hyundai with a general approval for ship application (GASA) for what it has labelled a “world-first” support system for independent...
Maersk's OC1 resumes Panama transits
AFTER a break of around four months Maersk Line’s OC1 service will resume Panama Canal transits in mid-May. The carrier split its ANZ-East Coast North America service into two...
WiseTech to acquire Aktiv Data
ASX-LISTED WiseTech Global has agreed to acquire Aktiv Data, an electronic customs and freight forwarding specialist in Finland. Aktiv Data’s flagship product is nTax, cloud-based...
iReX wind-down details emerge
THE IMPACT of the NZ Government’s cancellation of the NZ$1.3 billion iReX project to replace KiwiRail’s ageing Interislander rail/ro/pax ferries is being felt at local levels....
Baltic Exchange weekly report
THE BALTIC Dry Index decreased each day this past week to 1628 on 5 April, continuing a downward trend that began in mid-March. The Baltic Dry Index for the week ending Friday 5...
RightShip and Intercargo's excellence adventure
MELBOURNE-founded RightShip and the International Association of Dry Cargo Shipowners have joined forces to launch an independent, not-for-profit industry organisation dedicated...
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...
