News
YOUNG ACHIEVERS: Ruby Peterlin
PORT officer Ruby Peterlin is the youngest member of the Port Authority of NSW team in Port Kembla. When she looks back on the past few years of her life, it’s a rapid progression...
ONE profits fall 97% in Q2
OCEAN Network Express has reported a 97% decrease in net profit after tax for the second quarter of the 2023 financial year. ONE’s second-quarter NPAT came to US$187 million,...
MARITIME COUNTRY PROFILE: Ghana
The West African nation of Ghana is a huge exporter of gold and cocoa, and it is currently battling an economic crisis GHANA is positioned as a maritime gateway for a cluster of...
MOL looks to expand market for electric vessels
MITSUI O.S.K. Lines has partnered with a maritime electrification company Pyxis to promote the use of electric vessels. A memorandum of understanding between the companies...
QLD port awards $1.5m contract to enable channel widening
PORT of Townsville has awarded a $1.5-million contract for work that would enable widening of the inshore end of the port’s shipping channels. The port engaged local contractor...
NZ port's underlying NPAT up 48% in FY 2023
CENTREPORT Wellington has reported an underlying net profit after tax of NZ11.9 million for the year ended 30 June 3023, up 48% from NZ$8 million the prior year. The North Island...
Industrial action causes throughput to plummet: DP World
DP WORLD said throughput volumes at its Australian terminals have dropped by around 30 to 40% since the Maritime Union of Australia commenced protected industrial action in early...
MOL introduces MarTrust payment system for seafarers
MITSUI O.S.K. Lines is introducing MarTrust – a payment service that is specialised for ocean shipping – for all seafarers on vessels managed by MOL Group’s ship management...
MOU signed for collaboration on autonomous shipping
Samsung Heavy Industries and classification society DNV have inked a memorandum of understanding at South Korean maritime exhibition Kormarine. The two entities committed to...
Höegh sells one ship, buys another
HÖEGH Autoliners is selling Höegh Bangkok (IMO 931847) for US$63 million. and buying Höegh Jacksonville (IMO 9673379) for US$43.22 million. The company built Höegh Bangkok at the...
Further industrial action at DP World terminals
FURTHER industrial action has been announced for DP World’s Australia terminals. DP World announced in a statement that the Maritime Union of Australia had given notice of work...
Australia-EU trade deal falls through
AUSTRALIAN trade minister Don Farrell has walked away from a trade deal with the European Union after negotiations failed to make progress. Mr Farrell had met with European...
New chief executive at national rail safety regulator
THE OFFICE of the National Rail Safety Regulator has appointed Natalie Pelham as its new chief executive. Dr Pelham will take on the role from Sue McCarrey who left ONRSR in...
Major construction concludes on Inland Rail section
INLAND Rail has completed major construction on the Narrabri to North Star Phase 1 section of track. Completion of this part of the route allowed the upgraded track between...
Cargo volumes drop at Port of Tauranga
PORT of Tauranga has reported a drop in cargo volumes for the first quarter of the 2024 financial year. In the three months to 30 September, total trade was down 9% in volume...
