TasPorts pilots relaunch industrial action
TASPORTS marine pilots are reinstating industrial action as the dispute with their employer continues. From 1200 on Wednesday (7 February) the pilots will continue with the work...
Solid 2023 for DSV
GLOBAL transport and logistics giant DSV has reported 2023 results in line with expectations, despite gross profit and EBIT before special items dropping substantially compared to...
Drewry posts first WCI decrease in two months
DREWRY’S World Container Index decreased by 4% this past week, following eight consecutive week-on-week gains. The index landed at US$3824 per 40-foot container this past week. It...
ICS pitches zero emissions fund to IMO
THE INTERNATIONAL Chamber of Shipping has submitted what it characterises as a detailed, fit-for-purpose proposal to the International Maritime Organization for a Zero Emission...
ONE revenue plunges in Q3
OCEAN Network Express has reported a 46% decrease in revenue for the third quarter of 2023. The carrier’s third-quarter EBITDA dropped 94% compared with the same reporting period...
Air cargo demand surges in December amid Red Sea disruptions
GLOBAL air cargo demand rebounded in 2023, according to new data from the International Air Transport Association. IATA reported a particularly strong fourth quarter performance...
Qube goes off-grid in Bunbury
QUBE is taking its Picton facilities in Bunbury entirely off grid. The ASX-listed logistics company on Tuesday (30 January) announced a “significant investment” in solar energy....
Wine exports ail: sipping is slipping
ONE of the mainstays of Australian containerised exports saw volumes fall overall in 2023, with some key markets sliding further than others. According to Wine Australia’s annual...
NW Shelf fail hits pipeline project
ITALIAN offshore installation specialist Saipem has confirmed an incident on the North West Shelf on Tuesday morning in which Woodside Energy’s new Scarborough pipeline was holed....
Track ills caused coal train calamity
THE ATSB’S investigation into a 2021 coal train derailment in Central Queensland has found the likely cause was procedures during and after track disturbance maintenance works. A...
Hapag-Lloyd posts "significant" earnings decrease
HAPAG-LLOYD has reported a “significant” decrease in earnings in the 2023 financial year. Transport volumes increased a marginal 0.8% to 11.9 million TEU in 2023 while the average...
Sheep ship back but future unclear
A LIVESTOCK carrier ordered back to Australia has returned to waters off Fremantle but wrangling continues over the fate of the animals on board. The 2010-built, Marshall...
Seafarers' happiness drops again in Q4
THE DECLINE in seafarers’ happiness continued its downward trend in the fourth quarter of 2023. The Seafarers Happiness Index, a survey and quarterly report by Mission to...
SEA service to continue port skipping
WITH NO resolution of the DPW/MUA dispute in sight a major consortium in the South East Asia-Australia trade has been forced to extend workaround measures. For some months the six...
Wayward Whitsunday skipper convicted
A QUEENSLAND charter boat skipper has been convicted and fined more than $15,000 after a successful prosecution by the Commonwealth Director of Public Prosecutions on behalf of...
