News
Flood warnings missed the train
AN AURIZON intermodal train that derailed in floodwaters near Traveston, Queensland in early 2022 was a victim of an ineffective warning communication system, the Australian...
Governments move to preserve smelters in Tasmania and SA
SMELTING company Nyrstar is to receive a $135 million lifeline from the Commonwealth, Tasmanian and South Australian governments to ensure the future of its operations at Hobart...
Consent for Auckland wharf additions
PORT of Auckland (PoA) has jumped a hurdle in its plan to build one new berth and extend another, receiving provisional approval under a fast-track consent process. The major...
Wellington wins another customer
THE PORT of Wellington has secured another trans-Tasman caller, with COSCO Shipping and OOCL’s joint ANE/ANS service to add a weekly visit from 19 September. Commencing from v...
$10 billion frigate contract goes to Japan
A $10 BILLION contract has been awarded to Japan’s Mitsubishi Heavy Industries for up to 11 upgraded Japanese Mogami-class frigates for the Australian Navy. It is understood, the...
Marinus Link gets green light
THE MARINUS Link Bass Strait power cable project has been given the go-ahead by shareholders and received federal environmental approval. After a period of uncertainty the $5.5...
Darwin ferry terminal complete
SPECIALIST marine construction company, SMC Marine has completed the $85 million Mandorah ferry terminal at Darwin. The new ferry terminal, for residents and visitors to Mandorah,...
International Maritime Organization Secretary-General visits Australia
AUSTRALIA has welcomed the Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, as part of his tour of the Pacific region. Mr Dominguez’s visit...
SeaLead assures Australian shippers
SINGAPORE-based Sea-Lead Shipping, indirectly caught up in US bans on maritime companies associated with Iranian interests, has vowed to continue its Australian service in its...
Panama to ban ships over 15 years
PANAMA’s ship registry will no longer accept oil tankers and bulk carriers aged over 15 years in an effort to boost vessel performance and exclude “ghost ships”. On Saturday [2...
Team bullish in a bearish market
LOGISTICS giant Team Global Express (TGE), has announced financial results for the 2025 financial year, referring to “a solid performance” in a tough market. Highlights were...
Logistics software developer’s $2.1 billion acquisition of e2open
SOFTWARE developer for the logistics industry WiseTech Global has completed its acquisition of US-based e2open Parent Holdings Inc. E2open is a supplier of cloud-based trade and...
Fremantle Ports leads national charge to reduce ship-generated waste
FREMANTLE Ports is leading the charge to tackle Australia’s poor record in recycling ship-generated waste. The move comes after senior environmental adviser Rebecca James returned...
Unions reject second register changes
KEY maritime unions have rejected a proposed revamp of the Australian International Shipping Register (second register), citing its impact on wages and crew conditions. The...
Baltic Exchange Weekly Report - 1 August 2025
THE BALTIC Dry Index has dropped this week, landing at 2018 for the week ending 1st August, 2025. Last week (ending 25th) the BDI was 2257. Capesize The gains in the Capesize...
