The week in bulk: Capesize market lurches upwards
THE Baltic Dry Index last week continued to climb up from the nadir it hit late last month. On Friday the BDI was at 1816, up from the low of 965 on 31 August. A climb up from a...
Aurizon invests millions in port rail terminal
RAIL freight operator Aurizon has invested $5 million in the development of a multi-modal rail terminal at Port of Townsville. Aurizon’s port investment program involves investing...
Government subsidises monthly barge service to Norfolk Island
ON 1 November Neptune Pacific Direct Line will commence the first of four planned sailings of a barge service between Brisbane and Norfolk Island. The service offers sailings on a...
Operations begin at new Timor-Leste port
TIBAR Bay Port in Timor-Leste has welcomed maiden calls from two vessels as part of the new port’s operational trials. Tibar Bay Port was built recently to alleviate congestion...
AMSA leads Indian Ocean search and rescue exercise
AN INTERNATIONAL exercise led by the Australian Maritime Safety Authority has helped prepare maritime nations bordering the Indian Ocean for search and rescue operations....
Cargo ship fire the tenth in 14 years for one company
A FIRE on board a general cargo vessel at Port Hedland last year was the tenth fire in 14 years to have broken out on a ship managed by one company, an investigation has found....
New CEO announced for Victorian port
PORT of Portland has announced Greg Burgoyne has stepped into the role of chief executive officer at the southern Victorian port. Greg Burgoyne, new Port of Portland CEO. Image:...
CMA CGM biofuel bunkering a success
TOTALENERGIES Marine Fuels has announced it has successfully refuelled a CMA CGM containership in Singapore with sustainable marine biofuel. CMA CGM Montoir was bunkered via...
Ceva and HMM enter partnership deal
CEVA Logistics has signed an agreement with South Korean shipping company HMM to connect more shippers with ocean capacity. The agreement will remain in place until 2025, bringing...
ALC summit looks at future freight tech needs
SUPPLY chain leaders gathered last week to discuss the many lessons learned in freight and logistics over the past two years, and how to leverage technology to optimise...
Drugs concealed in sea-cargo coffee shipment to Melbourne
THE AUSTRALIAN Federal Police this week launched a major investigation after more than $182 million worth of illicit drugs – concealed in a shipment of coffee beans – was seized...
Moorebank to be fitted with Australia's largest rooftop solar system
LOGISTICS property specialist Logos has announced Moorebank Logistics Park in south-western Sydney will be equipped Australia’s largest rooftop solar installation. MLP is the...
Marine insurance premiums rose for the past two years
GLOBAL marine insurance premiums were up in 2020 and 2021, but clouds are gathering for 2022. The International Union of Marine Insurance (IUMI) on Monday presented its analysis...
Freight in focus at Roads Australia lunch
FREIGHT and logistics came into focus at the Roads Australia industry lunch in Sydney on Tuesday this week. Eighty-five representatives from a variety of organisations and...
GPC scholarship awarded to local student
GLADSTONE Ports Corporation has awarded its Talent Today, Talent Tomorrow University Scholarship to Kai Mitchell, who hopes to become an instrumentational engineer in Gladstone...
