News
MtS Sydney announces guest speaker for parliamentary luncheon
MISSION to Seafarers Sydney has announced Port Authority of NSW CEO Phil Holliday as the guest speaker of this year's Annual Luncheon at NSW Parliament House. This special event,...
Groote repairs to take until 3Q 2025
SOUTH 32’s Australian manganese operations at the Northern Territory’s Groote Eylandt are unlikely to resume in full until the third quarter of next year, following damage caused...
Close scrape for NYK
JAPAN'S NYK and its partners have developed a remote-controlled robot that scrapes cargo residues in the holds of woodchip carriers. In conjunction with cargo owner Nippon Paper...
Industry calls for UN help following Aries seizure
SIXTEEN industry associations and social partners have sent a joint letter to United Nations secretary general Antonio Guterres calling for UN assistance following the seizure of...
PacNat and Linfox ink 10-year contract extension
PACIFIC National has locked in a 10-year contract extension with Linfox to provide national linehaul rail freight services. The contract renewal, announced on Monday (22 April)...
Box imports down, exports up in 2023
PROVISIONAL figures from London’s Container Trade Statistics show Australasia’s containerised imports declined by 2.9% in 2023, but exports grew by 4.2%. The overall effect was a...
New tug makes dramatic entry
THE AUSTRALIAN Maritime Safety Authority has decided no action is currently required after a new tug made an unorthodox entry to Hay Point last Thursday [18 April]. The Damen ASD...
Aussie-designed RSV delivered to Thailand
THAILAND’S Department of Marine and Coastal Resources (DMCR) has taken delivery of a new research vessel designed by Australia’s Incat Crowther. The Incat Crowther 25, built by...
More ferries for Perth, Brisbane's get smart
THE WESTERN Australian Government will commit $2 million in the 2024-2025 state budget to a feasibility study of the expansion of Perth ferry services. The allocation was...
CMA CGM is selling Bolloré's Polynesian branch
CMA CGM has officially listed for sale Bolloré Logistics Polynesia, based in Tahiti, a move made necessary by regulators concerned about a regional monopoly following the French...
PacBasin outperforms dry bulk market
HONG KONG-listed dry bulk specialist Pacific Basin Shipping has reported an unusually strong first quarter, when rates traditionally soften during the northern hemisphere winter...
Energetic Woodside driving offshore sector
A FIRST quarter trading and production update from Woodside Energy has served to highlight the current level of activity in Australia’s offshore oil and gas sector. While...
World Container Index continues to slide
DREWRY’S World Container Index decreased 3% this week to US$2719 per 40-foot container. Compared with the same week last year, the composite index has increased by 53%. The figure...
Baltic Exchange weekly report
THE BALTIC Dry Index increased steadily over the past few days, ending the week at 1901. The Baltic Dry Index for the week ending Friday 19 April 2024. Source: Baltic Exchange...
Newcastle geared for floating offshore wind tech, study finds
A STUDY commissioned by Port of Newcastle suggests that, with the required investment, the port has the capacity to support the development of floating offshore wind technology....
