MOL secures deals for six new LNG-fuelled ships
MITSUI O.S.K. Lines has announced plans to build six new ships that will use liquefied natural gas as their main fuel. MOL has signed a construction deal for four new capesize...
WA welcomes milestone on LNG export project
NATURAL gas producer Woodside Energy has commenced construction on a gas-transporting train as part of an LNG export project on the Western Australian coast. The new train is the...
Qantas Freight strong despite group's $1.9 billion loss
DESPITE reporting a loss before tax of $1.9 billion, Qantas said its air freight subsidiary has posted a record annual performance. Qantas released its results for the 2022...
New air freight carbon offset program launched
CATHAY Pacific has introduced a carbon offset program for air freight, powered by a carbon emissions calculator. The program, Fly Greener, follows the launch of Cathay Pacific’s...
QLD port celebrates new facility
THE Port of Mackay now boasts a new multi-million dollar purpose-built tug berth facility. North Queensland Bulk Ports chief executive officer Nicolas Fertin said north...
Approval in principle for large-scale liquefied CO2 carrier
MITSUI OSK Lines has acquired approval-in-principle for the design of a large-scale liquefied carbon dioxide carrier from from Nippon Kaiji Kyokai (ClassNK). In June 2021, MOL...
Financial results show uplift in trade at Napier Port
NAPIER Port saw significant revenue increases over the past quarter, according to unaudited financial results released to the NZX on Wednesday. The port’s revenue for the third...
ARTC moving forward with Sydney rail projects
THE Australian Rail Track Corporation is pressing ahead on two important rail projects in Sydney, including the $400-million Port Botany Rail Line Duplication project. ARTC said...
WiseTech FY results show big revenue growth
WISETECH Global’s 2021-22 financial year results show big increases in revenue and profits. WiseTech founder and CEO Richard White said the “standout performance” shows the...
Autonomous tug completes collision avoidance trials
THE harbour tugboat Maju 510 has become the first vessel in the world to receive the American Bureau of Shipping’s Autonomous and Remote-Control Navigation Notation. The notations...
Port of Melbourne continues with proposed capacity enhancement program
PORT of Melbourne is working through the next steps in its Port Capacity Enhancement Program. These steps, the port said, would help determine when additional capacity is needed....
NSW invests $65 million in biosecurity measures
THE New South Wales government has announced a $65 million funding package to boost biosecurity mitigation measures. The intent of the new package is to fast-track the development...
Hapag-Lloyd to upgrade 150 ships
HAPAG-Lloyd has announced plans to upgrade 150 ships to technically modernise its fleet and reduce carbon emissions. The launch of the company’s Fleet Upgrade Program follows the...
Container trade volumes up at Port of Melbourne
PORT of Melbourne has reported strong container volumes in July, ahead of the traditional peak season. Total container throughput reached 285,561 TEU last month, up 3.7% on...
Industry drops Indian Ocean "high-risk" piracy classification
FROM 1 January 2023, the boundaries of the high-risk piracy area off the coast of Somalia will no longer exist. The global maritime industry bodies have decided to declassify the...
