Baltic Exchange weekly report
THE BALTIC Dry Index jumped more than 100 points on Thursday to 1247. This was the highest the index has been since 24 May when it was 1295. The BDI this past week declined...
World Container Index posts another week of modest gains
THE LATEST Drewry World Container Index increased by 2.3% to US$1832.48 per 40-foot container this past week. However, the WCI has dropped by 70.6% when compared with the same...
Ports Vic CEO resigns
BRENDAN Webb has announced he is stepping down as chief executive officer of Ports Victoria. Mr Webb will leave Ports Victoria in September and is to take up the role of chief...
July throughput down at Pilbara ports
PILBARA Ports Authority reported a drop in monthly throughput at its ports in July. It’s total throughput over the month came to 59.7 million tonnes, which was a 5% decrease from...
RightShip and NYK link platforms for port state control processes
RIGHTSHIP and NYK Line have linked their digital platforms with an aim to streamline port state control processes. The two companies worked with technology firm Solverminds...
Svitzer gears up for emergency exercise in QLD
SVITZER Australia is preparing for an emergency towage exercise in Cairns and Mourilyan. Svitzer is planning emergency response training in Far North Queensland on 29 and 30...
Zim sees grim second quarter
CONTAINER shipping line Zim’s financial results for the second quarter of 2023 show a slight increase in volumes, but revenues and profits falling off a cliff. The company’s net...
National Freight and Supply Chain Strategy review launched
THE FEDERAL government has commenced a review of the National Freight and Supply Chain Strategy. The strategy was published in 2019 as a 20-year agenda for improving the safety,...
Höegh Autoliners to digitalise entire fleet
HÖEGH Autoliners has formalised an agreement to digitalise its entire fleet, including its new Aurora class vessels. Höegh’s agreement with Kongsberg Digital covers the remaining...
Earnings and volumes drop at Napier Port
NAPIER Port has reported reduced earnings and container volumes for the nine months ended 30 June 2023. The North Island port attributed the results to the impact of Cyclone...
DP World aims to increase global capacity
DP WORLD aims to add about 3 million TEU of new container-handling capacity to its international operations by the end of this year. The Dubai-based container terminal operator...
WW signs up to build four dual-fuel PCTCs
THE FIRST of four new 9350-CEU (car-equivalent unit) vessels are expected to be delivered to Wallenius Wilhelmsen in the second half of 2026. The ro-ro specialist signed a letter...
Qube welcomes last two locos in new fleet
QUBE has received the last two locomotives in a new fleet built by Australian manufacturer UGL. The handover completes the order of 20 new QL Class locomotives placed in February...
Wallenius Wilhelmsen reports big numbers in Q2
WALLENIUS Wilhelmsen’s second-quarter results – released on Tuesday (15 August) – showed the ro-ro specialist ocean carrier in a strong financial position. The company reported...
Boxes burned in containership blaze
A FIRE on a containership off the Malaysian coast appears to be under control, but 24 containers have reportedly been affected. Fire broke out on KMTC Shenzhen (IMO 9626417) on 12...
