The week in bulk: Green shoots in the Capesize market?
LAST week, the Baltic Dry Index continued the moderate decline of the previous week. The index ended the previous week at 2544, and last week declined to 2357 by Friday 1 April, a...
Australia imposes 35% tariffs on all goods from Russia and Belarus
PRIME Minister Scott Morrison on Thursday announced that Australia would impose an additional tariff of 35% on all imports from Russia and Belarus. In a statement, released hours...
Zim to charter six newbuilds
CONTAINER liner company Zim is chartering up to six 5500-TEU wide-beam newbuild vessels for seven years and a total charter hire consideration of up to about US$600 million. The...
Cargotec-Konecranes merger called off
CONTAINER-handling equipment companies Cargotec and Konecranes called off their planned merger after the UK Competition and Markets Authority (CMA) kyboshed the move on...
New inspector general of biosecurity appointed
MINISTER for agriculture David Littleproud has appointed Dr Lloyd Klumpp as the next inspector-general of Biosecurity (IGB). Dr Lloyd Klumpp Minster Littleproud said the IGB...
AMPI conference explores pathways into the future of pilotage
DAY two of the Australian Marine Pilots Institute conference explored diversification in the maritime industry, the evolution of maritime technology, and how the transition into...
Budget highlights ports, freight, and supply chain infrastructure
THE strength of the national supply chain is a focal point of the 2022-23 Federal Budget, delivered on Tuesday evening. Port infrastructure, rail freight terminals, and export...
57th annual Merchant Navy commemoration at Rookwood cancelled
THIS year’s annual commemoration at Sydney’s Merchant Navy Memorial and Columbarium has been cancelled to protect participants from the spread of COVID-19. The 57th annual...
New research suggests freight rates will continue to surge
RESEARCH from the International Monetary Fund has found the inflammatory impacts of increasing freight rates will likely continue to build through to the end of the year and will...
AMPI conference analyses Australia’s maritime future
Pilots and port professionals of all kinds gathered in Wollongong yesterday to thrash out the big issues in the industry at the Australasian Marine Pilots Institute’s Australia’s...
Nuyina to commence harbour trials in Port of Hobart
TASPORTS has announced it will commence a comprehensive marine pilot familiarisation program onboard Australian icebreaker RSV Nuyina. Harbour trials will take place at the Port...
Port expansion progresses at Northport NZ
NEW Zealand’s Northport has announced its intention to apply for an expansion at its eastern end, covering 13 hectares of additional container storage, handling, and...
New CEO appointed for Western Australian port
MID WEST Ports Authority has welcomed Damian Tully as its new chief executive officer. Mr Tully has previously worked as the general manager for operations and logistics at MWPA...
New Texas to Vic air route supports US-Aus trade
QANTAS has announced a new route and expanded services between Melbourne and the US, which it said would boost trade with Victoria’s second-largest trade partner. A new direct...
APG Melbourne pilotage services cease over pilot launch safety concerns
AUSTRALIAN Pilotage Group’s pilot transfer services last week were suspended after concerns about safety and qualifications were raised. An Australian Maritime Safety Authority...
