Baltic Exchange weekly market report
THE BALTIC Dry Index continued its tumble last week, hitting on Friday the lowest point in more than a year. The index on Friday (13 January) was 946. This was a decline of 45%...
Autonomous underwater vehicle trial a success
KAWASAKI Heavy Industries and TotalEnergies have trialled the use of an autonomous underwater vehicle to inspect subsea pipelines. The offshore verification test involved...
Westerdam visits Darwin for the first time
The Northern Territory on Thursday welcomed the Westerdam on its maiden voyage to Darwin. The vessel was docked at the Port of Darwin for the day and the nearly 2000 passengers...
Provaris and Norwegian Hydrogen to collaborate on hydrogen value-chain projects
AUSTRALIAN energy company Provaris is collaborating with Norwegian Hydrogen to develop green hydrogen value chain projects in the Nordic region. Their intent is to accelerate the...
Melbourne road closures to affect freight
ROAD closures connected with the West Gate Tunnel Project in Melbourne are to impact freight movements. According to a statement from the Port of Melbourne, there will be...
Cleaner fuel project advances at Ampol's Port of Brisbane refinery
PLANS for a critical infrastructure project are progressing at Ampol’s Lytton Refinery at the Port of Brisbane. An upgrade at the refinery intends to improve fuel security and...
Lomar awards shipping scholarships in memory of CEO
SHIP management company Lomar has awarded scholarships to nine shipping students in honour of former CEO Achim Boehme. Mr Boehme died from cancer in July 2020. Lomar’s Achim...
Human Rights at Sea granted consultative status at UN
THE UNITED Nations Economic and Social Council has granted Human Rights at Sea special consultative status. The UN Economic and Social Council (UN ECOSOC) aims to advance...
Big freight shipped from Henderson to Port Hedland
AN OPERATION to transport 20,000 freight tonnes of fabricated break-bulk reclaimer components from Henderson to Port Hedland was carried out recently. The freight was moved on...
Maersk announces new executive team and organisational structure
MAERSK is changing its organisational structure, starting with the appointment of a new executive leadership team. The changes will come into effect on 1 February 2023. They...
Automotive logistics specialist Gefco now part of Ceva Logistics
AUTOMOTIVE logistics specialist Gefco has been integrated with Ceva Logistics, dropping the Gefco branding. The change has enabled Ceva logistics to launch a dedicated finished...
Airline's new service to boost Melbourne air freight
A VIETNAMESE airline will commence flights to Australia in April, introducing more air cargo capacity between the two countries. Minister for trade and investment Tim Pallas on...
Zim invests in fintech platform
NEW York Stock Exchange-listed shipping line Zim has invested in international trade fintech startup 40Seas. The tech company raised US$111 million to deliver its financing...
Vale Joe Crumlin
JOE Crumlin, a seafarer and trade unionist, died on Monday this week. MUA national secretary Paddy Crumlin, who is Joe Crumlin’s son, described his father as “a legend on the...
PC report fuels more port efficiency discussions
INDUSTRIAL relations, terminal access charges and landside efficiency have emerged as some of the main talking points of the Productivity Commission’s report on Australia’s...
