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% -...
Another man charged over half-tonne drug shipment
POLICE have charged a Malaysian man over a plot to import more than half a tonne of drugs through the port of Melbourne last year. The man, 35, was arrested in Coffs Harbour on...
NZ port to deploy private 5G network
CENTREPORT Wellington has announced plans to roll out New Zealand’s first commercial private 5G network later this year. Tū Ātea, a Māori-run spectrum and telecommunications...
Mice payout nice for Zespri
A RODENT infestation has had a happy ending for NZ kiwifruit exporter Zespri, though not for the mice. In April 2024 Zespri was forced to delay the start of its European sales...
Cathay Cargo adopts IATA data protocol
CATHAY Cargo has announced it has become the first carrier to adopt the International Air Transport Association’s (IATA) ONE Record data protocol in some of its day-to-day...
NYK signs “world first” ammonia time charter
AMMONIA distributor Yara Clean Ammonia Switzerland has signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fueled medium gas carrier (AFMGC)....
CSIRO calls for ocean investigators
THE CSIRO has opened applications for supplementary positions aboard voyages of the research vessel Investigator in 2026-27. Supplementary Applications are invited for fully...
Aust box trades see 9-month boom
THE JANUARY-SEPTEMBER 2024 period proved lucrative for container lines in Australasian trades, with imports rising 9.9% and exports 9.7%, albeit rates were more of a mixed bag....
Strategic Marine inks contract with Odyssey Group
STRATEGIC Marine has announced the signing of a new contract with Odyssey Group to build a state-of-the-art multi-purpose survey vessel. The Singaporean-headquartered provider of...
Two reefers found holding cocaine loads
The AUSTRALIAN Federal Police has seized approximately 41 kilograms of cocaine from two refrigerated containers that were imported into Port Botany. The first container, imported...
Swissport grows business in Australia, will enter NZ
AIRPORT ground services and air cargo provider Swissport International has announced a significant expansion of its air cargo handling capacity in Australia. Further, the Swiss...
World Container Index continues to decrease
DREWRY’S World Container Index decreased by 3% to US$3273 per 40-foot container this week. The Drewry WCI composite index is now 68% below the previous pandemic peak of US$10,377...
Baltic Exchange weekly report
THE BALTIC Dry Index increased every day this past week, to 815 on Friday 7 February. The Baltic Dry Index for the week ending Friday 7 February 2025. Source: Baltic Exchange...
MSC debuts cool new monitor
MEDITERRANEAN Shipping Company has launched iReefer, a system that allows customers to track and monitor their temperature-controlled shipments in real time, from anywhere in the...
Second Samoa salvage cycle completed
THE NZ DEFENCE FORCE says another milestone has been reached in the removal of diesel fuel and other pollutants from HMNZS Manawanui. Manawanui sank on the morning of 6 October...
