OPINION: Australia takes steps to free trade agreement with India
AFTER a long series of false starts, Australia and India have finally completed the first stage of a two-stage process that will result in a full Australia-India Comprehensive...
The week in bulk: Green shoots in the Capesize market?
LAST week, the Baltic Dry Index continued the moderate decline of the previous week. The index ended the previous week at 2544, and last week declined to 2357 by Friday 1 April, a...
Australia imposes 35% tariffs on all goods from Russia and Belarus
PRIME Minister Scott Morrison on Thursday announced that Australia would impose an additional tariff of 35% on all imports from Russia and Belarus. In a statement, released hours...
Zim to charter six newbuilds
CONTAINER liner company Zim is chartering up to six 5500-TEU wide-beam newbuild vessels for seven years and a total charter hire consideration of up to about US$600 million. The...
Cargotec-Konecranes merger called off
CONTAINER-handling equipment companies Cargotec and Konecranes called off their planned merger after the UK Competition and Markets Authority (CMA) kyboshed the move on...
New inspector general of biosecurity appointed
MINISTER for agriculture David Littleproud has appointed Dr Lloyd Klumpp as the next inspector-general of Biosecurity (IGB). Dr Lloyd Klumpp Minster Littleproud said the IGB...
AMPI conference explores pathways into the future of pilotage
DAY two of the Australian Marine Pilots Institute conference explored diversification in the maritime industry, the evolution of maritime technology, and how the transition into...
Kerry Logistics posts 2021 net profit increase of 102%
Third-party logistics provider Kerry Logistics reported a robust profit growth in 2021. The company’s core net profit increased by 102% to HK$3.7 billion ($628 million), according...
Bulker crew members arrested after drug seizure
POLICE today announced the seizure of 416 kilograms of cocaine, which was found floating off the coast of the Yorke Peninsula. The drugs were allegedly thrown from a bulk carrier....
Budget highlights ports, freight, and supply chain infrastructure
THE strength of the national supply chain is a focal point of the 2022-23 Federal Budget, delivered on Tuesday evening. Port infrastructure, rail freight terminals, and export...
57th annual Merchant Navy commemoration at Rookwood cancelled
THIS year’s annual commemoration at Sydney’s Merchant Navy Memorial and Columbarium has been cancelled to protect participants from the spread of COVID-19. The 57th annual...
New research suggests freight rates will continue to surge
RESEARCH from the International Monetary Fund has found the inflammatory impacts of increasing freight rates will likely continue to build through to the end of the year and will...
AMPI conference analyses Australia’s maritime future
Pilots and port professionals of all kinds gathered in Wollongong yesterday to thrash out the big issues in the industry at the Australasian Marine Pilots Institute’s Australia’s...
Nuyina to commence harbour trials in Port of Hobart
TASPORTS has announced it will commence a comprehensive marine pilot familiarisation program onboard Australian icebreaker RSV Nuyina. Harbour trials will take place at the Port...
Black Sea mines a threat to safety of seafarer evacuations, HRAS says
HUMAN Rights at Sea has responded to the suggestion of a safe maritime corridor to evacuate seafarers from dangerous ports and waters around Ukraine, highlighting the threat of...
