Panama squeeze eases
THE Panama Canal Authority has opened up a few more daily transit slots as water levels gradually improve in the drought-stricken Gatun Lakes. The Authority this week said it will...
IATA moves to clean up air cargo’s act
THE International Air Transport Association (IATA) and the Smart Freight Centre (SFC) have partnered to provide consistent and transparent CO2 emissions calculations for air cargo...
Baltic Exchange weekly report
THE BALTIC Dry Index saw slight movement over the past week, increasing 1% to 2374 on Friday 15 March, compared with the previous Friday. The Baltic Dry Index for the week ending...
Hapag’s 2023 better than most
GERMANY’S Hapag-Lloyd has recorded a significant decrease in earnings for full year 2023 but still achieved the third-best group profit in its history. Group EBITDA stood at...
NEW SOUTH WALES: Harnessing momentum
THE ports of New South Wales handle more than imports and exports. They handle the pressures of the modern supply chain and the weight of economic responsibility. They are driving...
World Container Index showing downs and ups
DREWRY Supply Chain Advisors’ World Container Index has the bad and the good news this week, depending on your perspective. While the composite index decreased by 4% to US$3,162...
Simon to build bridges with NZ transport
THE New Zealand Government has appointed a former transport minister as the new board chair of the NZ Transport Agency, for a three-year term. Current transport minister, Simeon...
Sustainable CEVA expands in Sydney’s west
CMA CGM subsidiary CEVA Logistics has opened a ‘sustainable’ warehouse at Sydney’s Kemps Creek. The 34,000 sq m facility is the first in the Aspect Industrial Estate, a Mirvac...
Inland Rail track possession wraps up
CONSTRUCTION accelerated on the Inland Rail project during an 88-hour “track possession” over the weekend. Principal contractor Martinus targeted multiple sites on the...
WSC accelerates cargo safety push
LINER trade peak body the World Shipping Council has appointed an independent provider to supply the digital platform for its Cargo Safety Program. The WSC says that despite...
New leader at DHL centre
DHL has appointed Yi Ning Tay as the new head of Asia Pacific Innovation Centre in Singapore. Ms Tay plans to advance DHL’s innovation centre – the first in the region – as a...
Zim fails to zoom
LIKE most of its contemporaries in international container shipping Israeli carrier Zim Integrated Shipping Services has turned in dismal results for 4Q 2023 and the full calendar...
Unsinkable Clive revives Titanic II plan
MINING entrepreneur, serial litigator and spendthrift political aspirant Clive Palmer has salvaged plans to build a modern replica of the iceberg-challenged Titanic. Mr Palmer...
Abel sets sights on Townsville for methanol bunkering
PORT of Townsville and Abel Energy have partnered on a plan to establish methanol bunkering facilities at the port. The bunkering facilities are part of Abel Energy’s plan to...
Svitzer lifts towage prices
TOWAGE provider Svitzer Australia is lifting rates by an average of 5.2%, effective 1 April 2024. In a letter to customers obtained by DCN, managing director Videlina Georgieva...
