The return of cruise in Townsville
TOWNSVILLE welcomed the first major cruise vessel in more than two years when Viking Orion berthed at Port of Townsville on Friday (2 December). The vessel carried 930 passengers...
Port of Brisbane's economic contribution set to rise
PORT of Brisbane and its supply chain contributed around $7.8 billion to the Queensland economy in the 2022 financial year, new research has found. Port of Brisbane commissioned a...
India trade deal to come into effect 29 December
THE INDIAN government has this week completed its domestic requirements to enable the implementation of the Australia-India Economic Cooperation and Trade Agreement (ECTA). The...
Air cargo capacity and demand down ahead of peak-season boost
THE INTERNATIONAL Air Transport Association has reported its first year-on-year air cargo capacity contraction since April 2022. IATA’s data for October 2022 indicates capacity...
40 years of UNCLOS marked at IMO headquarters
THE LINKAGES between the United Nations Convention on the Law of the Sea (UNCLOS) and IMO were explored during an event held on 28 November at IMO Headquarters to mark 40 years...
Freight rates continue decline
LONG-term ocean freight rates suffered a steep month-on-month decline in November as subdued spot prices, weak demand, and ongoing economic uncertainty caught up with contracted...
Dual fuel generator engine obtains approval in principle
SHIP classification society ClassNK has issued an approval in principle for a dual-fuel generator engine designed to use hydrogen gas as fuel. The AiP also covers related...
Changes to Southeast Asia shipping service
SWIRE Shipping is planning to upgrade its Southeast Asia (SEA) shipping service this month. The upgraded SEA service is scheduled to commence in mid-December with containership...
Ports Aus updates port asset assessment tool
PORTS Australia has launched an updated version of the Wharf Structures Condition Assessment Manual. Members of Ports Australia worked with engineering company Royal HaskoningDHV...
Melbourne sees significant October throughput uptick
PORT of Melbourne’s total container throughput saw a marked increase this past October, compared with the same month last year, according to the latest available trade data from...
Container shipping market on track to normalisation, analyst says
THE LATEST shipping market overview and outlook from BIMCO indicates the container market is on track to normalisation. Shipping association BIMCO publishes shipping market...
Maritime body makes board appointments
MARITIME NZ is welcoming new appointees to its governance board. The maritime body welcomed Lesley Haines and Mike Purchase to the board and Annabel Davies as a future director....
Maersk and IBM to discontinue TradeLens
MAERSK and IBM are discontinuing global trade platform TradeLens. Technology corporation IBM and Maersk division GTD Solution developed the blockchain-enabled platform in 2018. By...
UNCTAD calls for greater investment in ports and shipping
THE UNITED Nations Conference on Trade and Development is calling for greater investment in ports, shipping fleets and landside logistics. UNCTAD explored issues in the maritime...
Biosecurity Act amendments increase fines
NEW amendments, to the Biosecurity Act 2015 will increase penalties for breaches of the act. These amendments, which passed Parliament this week, allow the government to react...
