Australian ag production and exports to soar
AUSTRALIAN farmers are on track to smash production value and volume records in 2021-22 on the back of exceptional seasonal conditions and a surge in world commodity prices,...
A month of milestones in November for Mid West Ports
DURING November, Mid West Ports achieved a number of records including the largest cargo export out of the Port of Geraldton – a load of 79,996 tonnes of iron ore. The iron ore...
Authorities seize $5 million of smuggled drugs
A JOINT-agency police investigation has resulted in the seizure of approximately 125 kilograms of pseudoephedrine worth an estimated $5 million. Last month, officers from the...
Full-scale hydrogen-based marine propulsion system tested and verified
NORWEGIAN engineering firm Kongsberg Maritime has announced it tested and verified a full-scale, full-size, zero-emissions marine drivetrain powered by hydrogen fuel cells....
Air cargo demand up 9.4% on pre-pandemic levels in October
DATA released by the International Air Transport Association shows that air cargo market demand continues well above pre-pandemic levels and that capacity constraints have eased...
Boxship loses cargo in North Atlantic
CONTAINERSHIP COSCO Nagoya on 23 November experienced an incident that resulted in containers overboard and collapsed containers on deck, according to reports. The 4506-TEU,...
Knee-jerk reactions to Omicron variants put supply chains at risk, international transport organisations say
“KNEE-jerk reactions” to the Omicron variant of the coronavirus are putting transport workers and the global supply chain “at greater risk of collapse”, international transport...
Yang Ming takes delivery of YM Together
YANG Ming this week took delivery of the new 11,000-TEUI YM Together. The vessel is chartered from Shoei Kisen Kaisha and it was built by Imbari Shipbuilding Company. The ship...
Group to develop first methanol-hydrogen fuel cell towboat
ABB Marine & Ports has signed an agreement with Maritime Partners, Elliott Bay Design Group and e1 Marine to develop a hydrogen-powered inland towboat for operation in the United...
The week in bulk: Capesze, Panamax markets on the rise
THE Baltic Dry Index showed a slight increase over the past week, in a turnaround after a trend downward from a peak in October. On Friday (3 December) the index was 3171, up 14%...
Capacity restoration is key: GSF review
GLOBAL trade continued to grow throughout the third quarter in 2021. However, container shipping capacity was maxed out and shippers turned to a mix of air freight, rail services...
Container freight rate index still high despite decrease over past month
OVER the past month, the Freightos Baltic Global Index fell 14% month over month to US$9364/FEU, though still 284% higher than a year ago and more than six times the pre-pandemic...
Captain Murday steps down from marine surveyors board
THE Australasian Institute of Marine Surveyors has ushered in a new board of directors as Captain Peter Murday steps down after 10 years of service. During his tenure Captain...
New joint venture to develop Oceanbird wind propulsion
ON 22 November, Alfa Laval and Wallenius finalised a 50/50 joint venture that aims to take Oceanbird wind power solutions from a cutting-edge marine concept to commercial reality....
ICS urges WTO to prioritise maritime transport in multilateral trade negotiations
THE International Chamber of Shipping has called for maritime transport to be prioritised in multilateral trade negotiations ahead of World Trade Organization meetings to take...
