CMA CGM acquires automotive logistics provider Gefco following sanction blow
CMA CGM Group has acquired nearly 100% of Gefco, an automotive logistics provider which is understood to have been impacted by sanctions against Russia. Headquartered in France,...
PIL trials marine biofuel on containership Kota Megah
PACIFIC International Lines is trialling the use of marine biofuel on containership Kota Megah to determine the feasibility of using the fuel across its fleet. The trial commenced...
Port Authority invites young seafarers to apply for deck cadetships
PORT Authority of New South Wales is building Australia’s maritime skills base and introducing young seafarers to the industry through its sponsored deck cadet program. Since its...
Port of Brisbane welcomes Medlog container park project
PORT of Brisbane has announced the establishment of a new container park project on Fisherman Island, to be used by global logistics operator Medlog. The new facility is expected...
Drewry container index shows slight decrease
DREWRY has advised its composite World Container Index decreased by 1.4% to US$8041.50 per 40-foot container this week. Despite the decrease, the index figure remains 64% higher...
The week in bulk: A calm week in Cape and Panamax markets
LAST week, the Baltic Dry Index continued the moderate decline seen over several weeks. The index ended last week on 2055 (on 8 April) – this was a decrease of 13% on the previous...
Maritime Just Transition Task Force strengthened by new industry partners
THE Maritime Just Transition Task Force has expanded its network at Singapore Maritime Week this week, announcing several new project partners from across the shipping industry....
Industry debates the pros and cons of Labor’s strategic fleet plan
WITH Labor seemingly heading for a comfortable win at next month’s federal election according to the opinion polls, so is the party’s intention of establishing an...
Incat delivers 76-metre fast cat for South Korea
INCAT Tasmania has delivered Santa Monica 1, a 76-metre high-speed catamaran ferry for Seaworld Express of South Korea. The vessel left Hobart on Tuesday and is currently headed...
Maritime and mining industries to explore green corridor between Australia and East Asia
A CONSORTIUM of shipping industry stakeholders has signed a letter of intent to assess the development of an iron ore green corridor between Australia and East Asia. Led by the...
Stood-down cruise stevedore entitled to redundancy, FWC says
THE Fair Work Commission has refused Qube Ports permission to appeal against a decision regarding whether an employee who was stood down should have been offered a voluntary...
Lockdowns continue to disrupt freight across China
FREIGHT across China is again being impacted by a surge in COVID-19 cases and a subsequent wave of lockdown measures. Shipping companies have reported limited trucking...
Global Centre for Maritime Decarbonisation welcomes new partners including BP and Chevron
THE Global Centre for Maritime Decarbonisation has announced four new partnerships at Singapore Maritime Week to support its efforts to decarbonise the maritime industry. The new...
Air cargo growth continues in February
GLOBAL air cargo demand increased in February despite a difficult operating environment, according to the latest data from the International Air Transport Association. However,...
Harbour crane arrives at Port Kembla
LINX recently moved a Liebherr LHM420 harbour crane from its Henderson operation in Western Australia to Port Kembla. The company said the move was to bolster its capabilities at...
