Aurizon announces Half Year FY2024 results
AURIZON today reported group earnings before interest, tax, depreciation and amortisation (EBITDA) of $847 million for the half of the year ending on 31 December. This was up 26%...
Bahijah cargo to be landed but future unclear
THE remaining sheep and cattle on the Israeli livestock carrier Bahijah are due to be unloaded this week but the Department of Agriculture, Fisheries and Forestry says the...
CMA CGM avoids potential Polynesia ban
CMA CGM appears to have overcome problems with competition authorities that could have seen the carrier’s liner services excluded from French Polynesia. Regulators worldwide have...
New AusTender contracts open up
NEW government contracts have today opened up on AusTender for the maintenance of aids to navigation, which include lighthouses and marine buoys operated by the Australian...
Maersk swings from massive profit to Q4 loss
LIKE most of its container line compatriots Maersk Line has reported a substantial turnaround in fortunes towards the end of 2023, although meeting guidance for the full year. The...
Maersk, Svitzer consciously uncouple
A.P. Møller-Mærsk A/S announced today [8 February, European time] it will spin off its global towage division, Svitzer A/S, from end-April subject to shareholder approval. “In...
Dropped prop strands LPG tanker
A GAS tanker which lost its propeller off the Victorian coast late last week faces a likely long wait for a tow to a repair yard. The Australian Maritime Safety Authority today...
Master plan takes off
STAGE two of the Albany Waterfront master plan is about to begin which is set to activate the culturally and economically significant precinct. After the completion of stage one...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1545 – an increase of 10% since the previous Friday. Capesize The capesize market started the week with a cautiously optimistic tone...
NYK Stolt renewing fleet
JOINT venture partners NYK and Stolt-Nielsen are expanding their fleet renewal program, doubling an earlier Stolt order for 38,000 DWT stainless steel chemical tankers. The latest...
Emerald engines to be replaced
SYDNEY'S troubled second-generation Emerald-class Manly ferries are to be re-engined, the NSW Government announced on Wednesday (7 February). Since their introduction in late 2021...
Aust run for NYK's first LNG-fuelled Capesize
JAPAN'S NYK has taken delivery of the first LNG-fuelled Capesize bulk carrier built in a Japanese yard and it will be dedicated to Australian ore and coal trades. The 210,933 DWT...
Stinky beetles bug EVs but app on the way
IMPORTS of new and used vehicles are still being hindered by biosecurity problems, with the CSIRO highlighting a shipment of electric vehicles turned away after the discovery of a...
South Aust exports break records
SOUTH Australia’s Malinauskas government is claiming credit for the state registering record exports valued at $17.93 billion for the year ending December 2023. SA also recorded...
Pilbara Ports supports vital safety services
PILBARA Ports has committed $200,000 to Marine Rescue Port Hedland to support the establishment of a new training centre and operational base. Marine Rescue Port Hedland responds...
