Part X of the Competition and Consumer Act should be repealed: ACCC
THE Australian Competition and Consumer Commission, in its Container Stevedoring Monitoring Report 2020-21, argues that Part X of the Competition and Consumer Act should be...
Maersk joins US-led First Movers Coalition
THE First Movers Coalition aims to create a market for new decarbonisation technologies and spur growth by leveraging collective demand and committing now to buying zero-emission...
Final WW vessel in HERO class delivered
WALLENIUS Wilhelmsen’s fourth and final HERO-class vessel, MV Nabucco has started its journey towards Europe and is expected to reach Zeebrugge at the beginning of December. The...
Baltic Exchange Weekly Report - 5 November 2021
THE BALTIC Dry Index is at its lowest point since the beginning of June, hitting 2715 on Friday last week. The index continues its decline from its peak of around 5650 at the...
MUA crews on Svitzer tugs to down tools
THE Maritime Union of Australia has given notice of work stoppages for Svitzer crews at ports around the country. MUA members are to stop work for four hours at various time at...
WSC supports inclusion of shipping in intra-EU trading scheme
THE World Shipping Council says inclusion of shipping in the European Union’s Emissions Trading Scheme will encourage shipping’s journey towards decarbonisation, but EU action...
ACCC stevedoring report reveals port delays exacerbate pandemic problems
THE AUSTRALIAN Competition and Consumer Commission’s annual Container Stevedore Monitoring Report 2020-21 warns Australia risks becoming a less attractive destination for shipping...
Brisbane container throughput up in September
PORT of Brisbane saw an increase in containerised cargo throughput in September, according to the latest trade statistics from the port. A total of 129,452 TEU crossed the wharves...
AAL joins SAL
SHIPPING Australia has announced it has a new member, with breakbulk and project cargo carrier AAL Shipping joining the organisation. AAL operates regular sailings on key trade...
Big investment needed to reach zero-carbon emissions
A MASSIVE scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says a report by International Chamber of Shipping and global...
CMA CGM to buy a terminal at a US port
THE CMA CGM Group has signed an agreement to acquire a 90% stake in the Fenix Marine Services terminal in Los Angeles, currently held by EQT Infrastructure III, based on an...
Air cargo up in September but capacity remains constrained
THE International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and...
Maersk reports record earnings in Q3
A.P. Moller - Maersk has reported record earnings in the third quarter of 2021, with revenue up 68% to US$16.6 billion for the quarter. The company’s EBIT was up almost five times...
Digitisation and analytics driving supply chain evolution
A NEW report produced by Australia Post shows how businesses are streamlining and securing their supply chains and planning for success in an environment that may be forever...
Australia ratifies the RCEP
AUSTRALIA has ratified the Regional Comprehensive Economic Partnership Agreement, which ensures that exporters can access the benefits of what will be the world’s largest...
