Reefer freight rates soar but outgunned by dry box rates
REEFER container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer...
Shipping industry creates emergency relief fund for seafarers
SEVERAL seafarer welfare charities and shipping industry players have launched an emergency relief fund for seafarers and their families devastated by the rampant COVID-19...
Airport upgrade at Newcastle to boost freight
THE Federal government carry out a $66-million airport upgrade at Newcastle, widening its runway to accommodate longer-range flights. The government said it would increase freight...
Consortium formed to develop hydrogen-powered marine engines
THREE Japanese engine manufacturers have formed a consortium to develop hydrogen-fuelled marine engines for ocean-going and coastal vessels. They aim to bring these engines to...
OPINION: The global maritime supply chain is resilient, not vulnerable
DRAMATIC new evidence from the UN Conference on Trade and Development shows just how much the demand for goods has soared because of COVID-19. And, crucially, despite what you may...
Regional port’s beacon remediation project underway
MID West Ports Authority’s navigation beacon remediation project is well underway after some initial delays caused by Cyclone Seroja. The cyclone blew through the region in...
Bunker tanker arrives in NZ from Australia
THE bunker tanker MT Korimako entered service in Tauranga on Tuesday. The vessel, formerly named Anatoma, had previously been in operation in the ports of Brisbane and Botany in...
UN tool aims to help stranded seafarers
AIMED at addressing the needs of stranded seafarers, struggling with the impact of the pandemic, a new human rights due diligence checklist is being provided to companies relying...
Important judgement passed in UK court
THE High Court in the United Kingdom has issued an important judgment clarifying that ordinarily an owner is not liable to pay damages to a charterer if it collects freight due...
IMO meeting to focus on containers lost at sea
THE upcoming meeting of the International Maritime Organization’s Maritime Safety Committee (5-14 May 2021) will focus on containers lost at sea. Over the course of three months...
Coastal shipping analysis paper released
PEAK ports body Ports Australia has released a coastal shipping analysis paper to provide data-supported insight. Ports Australia said the impetus for the factsheet is a desperate...
Global logistics company launches air cargo division
LOGISTICS company Samskip has launched a dedicated air cargo business, adding to its services portfolio, which already includes rail, road, shortsea and inland waterway links...
TasPorts found to have misused its market power
THE Federal Court on 4 May declared by consent that TasPorts engaged in conduct that had the “likely effect of substantially lessening competition in the markets” for towage and...
Government investment welcomed in Central Queensland
AS part of the Australian government’s $100m Regional Recovery Partnerships program, to be delivered over two years, it has announced funding of $10m for the Gladstone region. The...
DSV Panalpina completes Globeflight acquisition
DSV Panalpina has completed the acquisition of South African courier company Globeflight Worldwide Express. The finalisation comes after the relevant competition authorities...
