Red Sea crisis causes second-largest capacity drop: Sea-Intelligence
SHIPPING data analyst Sea-Intelligence has reported a major capacity drop as the Red Sea situation escalates. Data suggests the decline in capacity is the second largest since...
World Container Index continues to skyrocket
THE DREWRY World Container Index increased by 23% to US$3777 per 40-foot container this past week. The composite index has increased by 82% when compared with the same week last...
Baltic Exchange weekly report
THE BALTIC Dry Index declined during the first half of the week before an uptick on Thursday and Friday. The index ended the week at 1503 on Friday (19 January). The Baltic Dry...
Tassie shipbuilder welcomes 15 new apprentices
TASMANIAN shipbuilder Incat welcomed 15 new apprentices this week, including the highest intake of female apprentices in the company’s history. Incat is taking on the new...
$70 million committed to Bell Bay hydrogen hub
THE FEDERAL government has committed $70 million to help develop a hydrogen hub in Bell Bay. Total investment in the project, including from the Tasmanian government and the...
Charge filed in Kaitaki Ferry power loss incident
MARITIME NZ has filed one charge against KiwiRail in relation to the January 2023 loss of propulsion incident involving the Interislander ferry Kaitaki. The charge follows a...
Owner and director of PNG logistics company charged with drug smuggling offences
A BRISBANE woman, who is the owner and director of a logistics company in Papua New Guinea, was charged on Tuesday (16 January) for allegedly facilitating a black flight importing...
AiP issued for maritime hydrogen fuel cell system
CLASSNK has issued an approval in principle for a maritime hydrogen fuel cell system developed by Japan’s Yanmar Power Technology. The classification society said this is the...
Hapag-Lloyd and Maersk join forces on long-term collaboration
HAPAG-LLOYD and Maersk have joined forces on a long-term collaboration starting in February 2025. The so-called Gemini Cooperation partnership would comprise a fleet pool of...
Qantas to launch Darwin-Singapore service
QANTAS intends to launch a new international route connecting Darwin and Singapore. The direct flights would begin in December 2024, and speed up journeys between the Northern...
Red Sea situation impacting ag sector logistics
TRADE logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to...
ONE orders 12 methanol-fuelled ships
OCEAN Network Express has signed contracts for the construction of 12 new methanol dual-fuel containerships. The contracts are with Jiangnan Shipyard and Yangzijiang Shipbuilding,...
TasPorts pilots to launch industrial action
TASPORTS has received notice that its marine pilots intend to begin industrial action on Friday. DCN understands the pilots, represented by the Australian Maritime Officers Union,...
Construction on Inland Rail section to commence
WORKS on the Inland Rail Stockinbingal to Parkes project will kick off for 2024 with construction to commence at the Daroobalgie and Wyndham Avenue sites later this month. Rail...
DNV to class very large ethane carriers
DNV will class shipowner Purus’ two newbuild very large ethane carriers (VLECs). The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled...
