OOCL revenue declines in last quarter
ORIENT Overseas Container Line saw total revenues decrease for the quarter ended 31 December 2023. Total revenues for the fourth quarter came to US$1.62 billion, which was a 49%...
Orders for alternative fuelled vessels grow: DNV
IN 2023, 298 ships with alternative fuel propulsion were ordered globally – a year-on-year increase of 8%, according to the latest stats from DNV’s Alternative Fuels Insight (AFI)...
Tasmania suggests alternative location for offshore wind terminal
THE TASMANIAN government wants the federal government to consider the port of Bell Bay as an option for development of an offshore wind terminal. State minister for energy and...
Air cargo demand up in November
DEMAND for air cargo (measured in cargo tonne-kilometres) increased by 8.3% in November of last year, according to data available from the International Air Transport Association....
Containership Capitaine Dampier to be renamed
CAPITAINE Dampier is soon to become PFL Matai. The name change will take effect in Brisbane on 17-18 January as the vessel moves from Neptune Pacific Direct Line control to PFL....
Zim to install trackers on containers
ISRAELI shipping line Zim is planning to install tracking devices on thousands of Zim containers. Zim has entered an agreement with tech company Hoopo Systems to roll out tracking...
Maersk Tankers acquires Penfield Marine
MAERSK Tankers has acquired Penfield Marine, a US-based pool operator. The combined company is to manage about 240 vessels, including about 45 vessels owned by affiliated...
OPINION: A strategy to eliminate piracy
PIRACY is flourishing in the Red Sea, Gulf of Aden and the Indian Ocean off Somalia – the RSGAI area – because leaders of countries who could prevent such activity are looking for...
New IMO Secretary-General announces senior team
INTERNATIONAL Maritime Organization Secretary-General Arsenio Dominguez has announced his leadership team a week after taking up the top job. In his new year message, Mr Dominguez...
Aussie research vessel embarks on Antarctic voyage
CSIRO research vessel Investigator has embarked on its longest voyage ever: a 60-day trip to the Southern Ocean. The ship departed from Hobart on 5 January, on a 9260 kilometre...
Approval in principle for ammonia FSRU
CLASSNK has awarded Mitsui O.S.K. Lines an approval in principle for a design of a floating storage and regasification unit for ammonia. MOL and Mitsubishi Shipbuilding jointly...
New faces at the top of ARTC and Inland Rail
THE AUSTRALIAN government has appointed new leaders for the Australian Rail Track Corporation and Inland Rail. Nick Miller now has the top job at Inland Rail. According to a...
Minister blocks plans for Victorian offshore wind terminal
THE FEDERAL government has shut down plans to develop an offshore wind terminal at the Port of Hastings in Victoria. Federal minister for the environment and water Tanya Plibersek...
Trans-Tasman service to call Port Chalmers again
PORT Otago is welcoming back ANL’s Transtaz service after a hiatus of four years. CMA CGM Semarang is due at Port Chalmers this week The Transtaz service has operated in New...
Ports Vic appoints new CEO
PORTS Victoria has appointed Craig Walker as its next chief executive officer. Mr Walker is due to commence his new role in February this year, succeeding interim CEO Jacinta...
