Baltic Exchange weekly market report
THE BALTIC Dry Index rounded out last week on a high, hitting 1560, the highest it has been since late October. The Baltic Dry Index for the week ending 16 December 2022. Source:...
CMA CGM teams up with port for shore power
THE CMA CGM Group and Shanghai International Port signed a long-term strategic collaboration to develop the mass scale use of onshore power supply for containerships at the Port...
Former premier joins Incat as advisor on big plans
INCAT Tasmania has appointed a former Tasmanian premier as strategic advisor to support the company’s goal to build fully electric, lightweight ships. The Australian shipbuilder...
Fittings in poor condition prior to container loss incident: ATSB
APL England’s fixed container securing arrangements on deck were in a poor state of repair when it lost 50 containers overboard in heavy weather in 2020, according to the...
Decision to axe AAT raises questions and concern for industry
THE FEDERAL government’s decision to axe the Administrative Appeals Tribunal will have significant consequences for industry, according to trade law expert Andrew Hudson....
Changes afoot for Lloyds Open Form
SEVERAL organisations, including the International Chamber of Shipping, are working to revamp the Lloyds Open Form contract for vessel salvage in response to declining use by the...
Cathay Pacific cargo volumes down in November
CATHAY Pacific’s cargo volumes last month declined compared with the previous month despite it being the start of the traditional Christmas period, according to the airline’s...
Filipino President, maritime industry representatives discuss issues
REPRESENTATIVES from organisations representing seafarers, shipowners and other maritime industry employers met with Filipino President Ferdinand “Bongbong” Romualdez Marcos Jr as...
Wärtsilä becomes ambassador for zero-carbon shipping centre
MARINE technology group Wärtsilä has become an official mission ambassador of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The stated aim of the independent...
COP27 talks position shipping in global energy transition
DECARBONISATION in the shipping sector may spur sustainable progress in other sectors, according to the International Chamber of Shipping. The ICS said talks at COP27 in Sharm...
CargoWise connects with air cargo business
THE CARGO division of International Airlines Group (IAG Cargo) is now integrated with CargoWise. IAG Cargo uses the freight capacity of International Airlines Group passenger...
Tea-packet meth smuggling on the rise: AFP
OVER the past year, the Australian Federal Police have seized more than 2.1 tonnes of so-called tea-packet methamphetamine. According to the AFP, criminal syndicates have adopted...
Port master planning process continues for these Queensland ports
THE QUEENSLAND Department of Transport and Main Roads is undertaking public consultation on the draft master plans and overlays for three of North Queensland Bulk Ports’ ports....
Inland Rail support for community groups tops $1 million
THE LATEST round of funding for regional communities on the Inland Rail network has pushed total funding since its establishment above $1 million. The Australian Rail Track...
Port company sponsors school kids sustainability initiative
NSW Ports has announced its sponsorship of the Living Classroom Partners program, which supports Illawarra school students to learn sustainability skills such as growing food,...
