World Container Index - 12 June 2025
DREWRY's World Container Index remained stable at $3,543 per 40ft container this week. Drewry said the index has increased 59% in the last 4 weeks, as United States President...
April decline for box volumes
AUSTRALASIA and Oceania container liftings fell back in April 2025, for both imports and exports compared to the previous month, following a fairly normal seasonal pattern. The...
New group on the Hunter for cruise opportunity
AN EXPANSION of local business opportunities to work with and benefit from regional NSW cruise shipping is the aim of a body officially launched today [12 June]. Seven councils...
Freight panel backs port diversification at Newcastle and Kembla
A PAPER prepared by the Freight Reform Advisory Panel has backed trade diversification at Newcastle and Port Kembla, as mineral trades decline. The paper was prepared by Kerry...
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Aratere fails again
KIWIRAIL’s Cook Strait rail/ro-pax Aratere broke down again last night, just two months ahead of its planned withdrawal. And KiwiRail has revealed fleetmate Kaiarahi suffered...
Nippon Paint Marine and RightShip agree on environmental cooperation
MARINE coatings business Nippon Paint Marine has announced it has agreed with RightShip to join its Zero Harm Innovation Partners Program as a strategic partner. This is part of...
Time for EU to ‘walk the walk’ on free trade, farmers say
NEW interest in a free trade deal between Australia and the European Union has been welcomed by the farmers’ industry group, while cautioning that it must bring about real...
Victorian food and fibre exports break records
THE RELEASE of the 2023-24 Food and Fibre Export Performance Report, once again shows Victoria is Australia’s top food and fibre exporter, capturing 27% of the total national...
Global economy faces ‘substantial headwind’, World Bank warns
INCREASED trade tension and heightened policy uncertainty suggest the global economy is facing “another substantial headwind”, the World Bank has warned. In its quarterly Global...
Western Sydney International Airport officially unveiled
WESTERN Sydney International Airport (Nancy-Bird Walton) Airport is officially complete, with the terminal formally unveiled. WSI chief executive Simon Hickey was joined by Prime...
Blume Global scores ICTSI as first terminal client
BLUME Global, a US-based digital supply chain specialist acquired by WiseTech in 2023, has released a digital appointment scheduling platform designed specifically for ocean...
Hanwha renews efforts to take over Austal
SOUTH Korean shipbuilder Hanwha is renewing its efforts to take over Perth-based shipbuilder Austal. In a notice to the Australian Stock Exchange Austal said it had received...
AMSA complaints down in 2024
COMPLAINTS to AMSA decreased by almost 20% in 2024 compared to 2023. AMSA’s Maritime Labour Convention (MLC) Annual Report 2024, provides a detailed analysis of the 173 complaints...
INTERCARGO releases bulk carrier casualty report
THE International Association of Dry Cargo Shipowners (INTERCARGO) has released its new report entitled Bulk Carrier Casualty Report 2025: Safety gains continue but security...
Containership joins Morning Midas as major casualty
WITH the Zodiac PCTC Morning Midas reported still burning out of control in the northern Pacific a Wan Hai container ship has suffered a massive cargo explosion in waters...
