Baltic Exchange weekly market report
THE BALTIC Dry Index saw a sharp uptick over the past week, hitting 1211 on Friday, up from 883 a week before. Friday’s BDI was the highest point since early January, and 128% up...
Arrest follows air freight drug detection
A MELBOURNE man was in court on Thursday (2 March) after allegedly importing 24 kilograms of cocaine in an airfreight consignment of water pumps. The St Kilda man, 31, was...
Qantas to beef up freight fleet
QANTAS Group is hiring more than 8500 people over the next decade and growing its fleet of aeroplanes, including freighters. The company said the new roles include pilots,...
Thousands up for grabs in port community grant programs
PORT of Brisbane and Port of Townsville have opened applications for their community grant programs. These programs are a way for ports to support non-profit organisations and...
Bid to purchase abandoned livestock carrier falls through
THE LIVESTOCK carrier Yangtze Fortune was due to be sold after a tender process, but the highest bid, for US$8.5 million, fell through, setting off a rush to secure a sale to the...
Toll Group acquires drone operator
TOLL Group has acquired Air Support Queensland (ASQ), an Australian uncrewed aircraft systems flight operations and training provider. A statement from Toll said ASQ has an...
Independent valuer for Port of Newcastle appointed
NEW South Wales Treasurer Matt Kean has appointed the Independent Pricing and Regulatory Tribunal (IPART) as the independent valuer under the Port of Newcastle Extinguishment of...
Wiseway 1H results improve on previous half
ASX-listed freight and logistics operator Wiseway said its first-half results showed a “turnaround” in its Australian business compared with the previous six-month period. Over...
Pilotage licensing requirements change in Victoria
PILOTAGE services providers in Victoria must be registered with Ports Victoria starting Wednesday 1 March. A statement from Ports Victoria said all existing services providers...
AMSA bans containership
THE AUSTRALIAN Maritime Safety Authority on Monday (27 February) issued a refusal of access direction notice the Liberian-flagged container ship MSC Kymea II (IMO: 9334844) from...
SeaLead to commence regular, direct service to South Asia
CONTAINER line SeaLead is launching a regular, direct service between the east coast of Australia and the Indian Subcontinent. The service, called ASIA, will connect Australia...
Keel laid for new SeaRoad vessel
TASMANIAN shipping and logistics company SeaRoad will name its new ro-ro vessel SeaRoad I. The announcement coincided with the traditional keel-laying ceremony in Flensburg at the...
Melbourne trade volumes down in January
PORT of Melbourne reported a decrease in total container throughput in January on the same month last year. A total of 257,227 TEU crossed the wharves at Melbourne in January, a...
Dalrymple Bay Infrastructure reports increase in revenue, decrease in volume
THE DALRYMPLE Bay Terminal exported 53.3 million tonnes of coal over 2022 (down 1.8% from 2021), according to its results announcement, released on Monday (27 February)....
IFCBAA urges Canberra to implement PC reforms
THE INTERNATIONAL Forwarders and Customs Brokers Association of Australia is urging the federal government to urgently implement reforms outlined by the Productivity Commission in...
