DIRECT FLIGHTS BOOST MALAYSIA TRADE WITH SOUTH AUSTRALIA
DIRECT Malaysia Airlines flights from South Australia to Kuala Lumpur have unlocked 75 tonnes of direct air freight capacity. Taking advantage of the $1 billion export markets for...
PORT OF TAURANGA BOUNCES BACK
DESPITE what it warns is a sluggish domestic economy NZ’s Port of Tauranga sees signs of early recovery in some areas as it turns in a strong performance for the six months to 31...
Esso to drill new Bass Strait well
EXXONMOBIL subsidiary Esso Australia, along with partners Woodside and Mitsui, is to expend almost $200 million on tapping additional gas supply in the Gippsland Basin off...
BP to curb renewables, focus on oil and gas
BP WILL cut back its investment in renewables and will focus on oil and gas in a bid to reduce costs and grow cash flow. The move is a significant one for oil and gas exploration...
Samsung considering Perth robot company for shipbuilding
PERTH robotic company FBR is negotiating with Samsung Heavy Industries for a joint development to apply its technology in the shipbuilding industry. In an announcement to the...
Melbourne container trade sees December uptick
PORT of Melbourne has reported a 10% increase in total container throughput for December 2024, compared with the same month in 2023. The port handled a total of 287,000 TEU in...
Lindsay to tackle WA rural market through acquisition
ROAD transport company Lindsay Australia has bought Western Australia’s G.J. Freight, giving it a springboard into the South West horticultural market. In a notice to the...
No chianti, but Qube makes fava bean breakthrough
SAY ‘FAVA beans’ and the movie Silence of the Lambs immediately springs to mind with Sir Anthony Hopkins quote as Hannibal Lecter, "I ate his liver with some fava beans and a nice...
Multi-national offshore merger agreed
TWO REGULAR participants in Australia’s offshore energy sector have announced an in-principal agreement to merge. Italy’s Saipem and Norway’s Subsea 7, with the backing of...
Austal reports record order book
SHIPBUILDER Austal is reporting a record order book of $14.2 billion. In a company announcement on 20 February it said orders at 31 December 2024 included contract options but...
Further refinement for data exchange
THE DIGITAL Container Shipping Association has announced the release of the final versions of its Booking 2.0 and Bill of Lading 3.0 standards. DCSA, which describes itself as a...
January trade uptick at Pilbara Ports
PILBARA Ports Authority has reported a total monthly throughput of 60.5 million tonnes for January 2025. This was a 4% increase compared with January 2024. The Port of Port...
Predicted rate avalanche gathering momentum
THE SHARP downturn in Asia-Australia rates, more dramatic from North & East Asia than from South East Asia, has prompted more leading lines to hit the ‘restoration’ button, mostly...
Countdown is on for launch of Tassie-built electric ship
INCAT Tasmania has commenced the countdown to the launch of its electric ferry Hull 096. The 130-metre-long catamaran is due to launch in 70 days, on 2 May, as the largest...
Baltic Exchange weekly report
THE BALTIC Dry Index increased each day this past week to 981 on Friday 21 February The Baltic Dry Index for the week ending Friday 21 February 2025. Source: Baltic Exchange...
