Auriga expands services in Far North Queensland
AURIGA has announced the beginning of launch-based marine pilot transfer services at the ports of Weipa and Amrun in Far North Queensland. A collaboration with Ports North came...
AIMS forges partnership with WISTA Australia
THE AUSTRALASIAN Institute of Marine Surveyors has partnered with WISTA Australia to encourage stronger participation of women in marine surveying. The partnership is a first for...
Höegh Autoliners: Solid 4Q 2024
NORWAY’s Höegh Autoliners has reported a good end to 2024 and remains confident about 2025, although the company’s share price has taken something of a beating. For 4Q 2024 the...
Federal govt commits $8.5m to new freight precinct
THE AUSTRALIAN government has committed $8.5 million to development of a new freight precinct in Victoria. Federal investment in the Goulburn Valley Link Freight Precinct rounds...
Aurizon posts mixed results for H1 FY25
AURIZON has reported an increase in revenue for the first half of the 2025 financial year, though its EBITDA and NPAT have both dropped. The rail freight operator released its H1...
Marine Order 91 changes to take effect this month
CHANGES to Marine Order 91 later this month will allow for use of electronic oil record books and exemption of UNSP barges from certain survey requirements. The reissued AMSA...
China-Australia rates finally fall
FREIGHT RATES between China and Australia are on their way to halving in a matter of a few weeks, with the Shanghai Containerised Freight Index diving alarmingly since a...
Baltic Exchange weekly report
THE BALTIC Dry Index dipped during the week before climbing to 792 on Friday 14 February. The Baltic Dry Index for the week ending Friday 14 February 2025. Source: Baltic Exchange...
World Container Index tumbles again
DREWRY’S World Container Index decreased 5% to US$3095 per 40-foot container this week. The index is now 70% below the previous pandemic peak of US$10,377 in September 2021....
Team Global Express inks deal with China's largest courier
TEAM Global Express has partnered with China’s largest courier, SF Express, to combine networks and increase bilateral trade. Under a deal announced on 13 February, TGE will...
SA exports maintain near-record highs
SOUTH Australia’s merchandise exports have topped $17 billion for the second calendar year running. The latest ABS full-year export data for 2024 marked an increase of more than...
Digital seafarer certification project in the works
THE INTERNATIONAL Chamber of Shipping has signed onto a project to digitalise seafarer certification processes. ICS will work with the Lloyd’s Register OneOcean platform and the...
Austal secures $270m contract for hydrogen-ready ferry
A SWEDISH ferry operator has tasked Austal with building a hydrogen-ready ferry under a contract valued at some $270 million. Austal Australasia is to design and construct the...
76-tonne tobacco haul seized from "suspicious" ship off Aus coast
A BULKER behaving “suspiciously” off the Australian coast has been serving as a storage platform for illegal cigarettes, authorities revealed today (12 February). The...
HMM humming along
IN WHAT IT modestly describes as “a solid financial performance in 2024” South Korea’s HMM has reported an operating margin of 30% for the year. Operating profit increased 501% -...
