News
Spirit of Tasmania IV begins long trek home
TT LINE’s new Bass Strait ro-pax Spirit of Tasmania IV is finally on its way home after departing Leith, Scotland at around 0615 yesterday morning [30 June]. At time of writing...
TRADE LAW: Outcomes from the Australian Federal Election
THE AUSTRALIAN federal election was held on 3 May 2025. The result was a win for the incumbent Australian Labor Party (ALP) government with a surprising increase in its majority...
ZIM quits New Zealand for the third time
ISRAELI carrier ZIM and its Hong Kong subsidiary Gold Star Line will withdraw from the Tasman for the third time in two decades and shut down their New Zealand operation. In a...
Tale of the Toern, Albany's first whaler
THE LAST shore-based whaling station in Australia at Albany on the south coast of Western Australia held its final whale hunt in November 1978. The closure of the whaling station...
Shipping industry prepares for wild weather
THE MARITIME industry is preparing for a wild 48 hours with damaging winds and heavy seas forecast for Sydney and much of the New South Wales coast on Tuesday and Wednesday. The...
The Hong Kong Convention for ship recycling takes effect
A NEW era has dawned for ship recycling with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships coming into effect last week....
Report documents “troubling increase” in crew death cases
A REPORT from international marine insurer Gard has documented “a troubling increase in crew” deaths. Gard last week released its second Crew Claims Report, showing key trends and...
Baltic Exchange Weekly Report - 27 June 2025
Capesize The Capesize market experienced a marked decline this week, with sentiment steadily weakening amid persistently low activity across both the Atlantic and Pacific basins....
DHL and MIDA extend strategic partnership
LOGISTICS giant DHL is at the centre of an effort to promote foreign investment in Malaysia. A memorandum of understanding (MOU) has just been signed between DHL’s four Malaysian...
Treasury advised against NZ rail ferries
NEW Zealand deputy PM and rail minister Winston Peters over-ruled the nation’s Treasury to specify Interisland Line’s replacement Cook Strait ferries be rail-enabled. Following an...
World Container Index - 26 June 2025
DREWRY's World Container Index decreased 9% to $2,983 per 40ft container this week. For the second consecutive week, Drewry's World Container Index fell 9% this week, following...
Silver Cloud passengers rescued from remote island
PASSENGERS from Silversea’s Silver Cloud cruise liner have been rescued from a remote northern Australian island after a fast-moving tide left them stranded. On Thursday afternoon...
Aurizon’s EBITDA crimped, Moorebank debut
AURIZON Group has notified the ASX of a downgrade in expected EBITDA for FY2025, thanks to lower coal volumes and outstanding debts. Underlying EBITDA for FY2025 is now forecast...
Zero plans for scrubber ban in Australia
MARITIME regulator the Australian Maritime Safety Authority says there are currently no plans to ban scrubbers in Australian waters. This follows a statement last week issued by...
PacBasin hits the meths
BULK carrier giant Pacific Basin Shipping has signed a methanol supply deal to support its fleet transition to dual-fuel, low emissions vessels. The MOU with The Hong Kong and...
