News
IMO to open Pacific regional office
THE INTERNATIONAL Maritime Organization is opening a regional office in Fiji to serve Pacific member states, including Australia and New Zealand. The Suva office would be the...
New NZ coastal service nears realisation
A WEST Coast South Island company is about to launch a new barge-based bulk distribution and transhipment operation, partly funded under the coastal shipping initiative of NZ’s...
Man sentenced over 266kg air-freight MDMA haul
A MAN has been sentenced to 14 years’ imprisonment for his role in the importation of 266 kilograms of liquid MDMA in a consignment of wine bottles. The drugs were concealed in...
Fortescue, partners complete ammonia trial
AUSTRALIA’S Fortescue late last week completed the world’s first use of hydrogen-based ammonia as marine fuel, in the port of Singapore. The demonstration vessel Fortescue Green...
Environmentalists want Bass Strait rig de-coms halted
ENVIRONMENTAL group Friends of the Earth claims Esso Australia plans to “dump eight toxic oil platforms” off Gippsland and wants state and federal government intervention. FoE...
Opposition building to NZ live export backtrack
A PLAN by the New Zealand Government to soon resume live animal exports by sea has re-ignited opposition from several creature welfare groups. End Live Export NZ began regular...
WA port wraps up crossed lines remediation project
MID West Ports has completed its Berth 5/6 Crossed Lines Remediation Project at the Port of Geraldton. The infrastructure improvement project is expected to help facilitate a...
Wharf damaged as cyclone bears down on NT
TROPICAL Cyclone Megan damaged a mining company’s wharf infrastructure as the weather system approached the Northern Territory coast on Monday. The category-three cyclone stirred...
US unions want tolls on Chinese-built ships
HOT on the heels of President Joe Biden directing the replacement of Chinese-built terminal hardware in US ports unions have petitioned the government for an investigation into...
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...
