ONE first-quarter profit increases 1432% on 1Q2020
OCEAN Network Express’ first-quarter results for the 2021 financial year showed a tremendous increase in profits for the container line. The company reported US$2.559 billion in...
Delays, industrial action at Patrick’s Sydney terminal lead to lines omitting calls
ON Thursday evening, the Maritime Union of Australia gave notice of more protected industrial action at Patrick’s Brisbane AutoStrad terminal. The industrial action includes...
Hapag-Lloyd expects half-year EBIT nearly six times higher than last year
BASED on preliminary figures, shipping line Hapag-Lloyd expects for the first half of 2021 an EBITDA of around US$4.2 billion (€3.5 billion) compared to around US$1.3 billion...
Bell Bay hydrogen cluster takes step towards reality
THE Tasmanian government has committed an additional $100,000 to the Bell Bay Advanced Manufacturing Zone hydrogen technology cluster. The government recently matched $100,000...
Trident Taskforce seizes drugs and chemicals in joint operation
AS part of a joint drug trafficking investigation, detectives from the Trident Taskforce have arrested two people and seized significant quantities of Gamma Butyrolactone (GBL)...
Singapore launches maritime decarbonisation centre
THE Maritime and Port Authority of Singapore, along with six partners, has established the Global Centre for Maritime Decarbonisation (GCMD). The aim of GCMD is to collaborate...
New dates set for Australian cruise conference
THE Australian Cruise Association has announced new dates for the 2021 annual industry conference. Further to the extension of the lock-down in NSW, the ACA has taken the decision...
Air cargo markets go gangbusters: IATA data
AIR cargo has been growing faster than it has since 2017, according to the most recent data from the International Air Transport Association. Global demand for June 2021, measured...
Trade recovery at risk without equitable vaccine roll-out: WTO
WTO economies from mid-October 2020 to mid-May 2021 exercised trade policy restraint and refrained from an acceleration of protectionism that would have further harmed a world...
Report warns of looming officer shortage
THE recently released Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment...
Kalgin Logistics acquires QIFS
PACIFIC Islands logistics specialist Kalgin Global Logistics has acquired Queensland International Freight Services. Brisbane-based QIFS is a specialist in the Papua New Guinea...
Tasmanian firm to build new shiploader at Burnie
TASRAIL is finalising negotiations with Tasmanian company COVA Haywards to design and build its new bulk minerals shiploader at Burnie Port. The contract is expected to be awarded...
DSV Panalpina reports big half-year profit growth
DANISH transport and logistics behemoth DSV Panalpina reported an 18% growth in gross profit in its interim financial report for the first half of the 2021 calendar year. The...
Townsville Port reaches milestone in upgrade project
THE rock wall that will form part of the reclamation area and support the Townsville port expansion has been completed, as part of the Port of Townsville’s $232-million Channel...
Townsville commissions new crane
PORT of Townsville has officially commissioned its new $30-million Berth 4 Crane and Cargo Terminal. The terminal’s completion was marked by the debut of the Port’s new Liebherr...
