Jo Haylen resigns as NSW Transport Minister
NEW South Wales Transport Minister Jo Haylen has resigned, following growing criticism over her use of a ministerial chauffeur. MP Haylen admitted to using a taxpayer-funded...
India to allocate billions to maritime
INDIA’S Finance Minister has revealed plans to set up a 250-billion-rupee maritime development fund to support the country's shipbuilding and repair industry. The fund, worth...
Norway releases ship after cable incident
A NORWEGIAN-FLAGGED ship that was seized and boarded by its flag nation over a subsea cable incident has been released. Cargo ship Silver Dania was detained by Norwegian police...
More Aussie meat approved for export to Malaysia
MORE Australian halal red meat will soon be available in Malaysia following the approval of seven new export establishments. This will take the total number of halal-certified...
Phosphate miners eye Karumba
NZX-LISTED Chatham Rock Phosphate (CRP) has turned its attention to shipping phosphate from its Korella North Mine through the Port of Karumba, having previously favoured...
Another World Container Index decline
DREWRY’S World Container Index decreased 2% to US$3364 per 40-foot container this week. The composite index decreased is now 68% below the previous pandemic peak of US$10,377 in...
Reverse course for Esperance sulphur
WHILE the Port of Esperance has imported hundreds of thousands of tonnes of sulphur over the years, it’s unusual to see the mineral going the other way. When Jersey Spirit left...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased throughout the week before a small uptick on Friday. The week commenced at 761 and ended on 735. The Baltic Dry Index for the week ending Friday 31...
Men jailed for cocaine bus import plot
TWO MEN have been sentenced to a combined six years’ imprisonment for their roles in a foiled plot to import 139kg of cocaine into Australia inside a shipment of luxury buses. The...
Maersk boxship breakdown is sister to Dali
A MAERSK-operated boxship is reportedly still under repair after suffering engine failure while crossing the Pacific Ocean earlier this month. Singaporean-flagged Maersk Saltoro...
Aussie produce in high demand for Lunar New Year
THE FEDERAL government has heralded Lunar New Year as an exciting opportunity for Australian food and agriculture exporters to China, with $20 billion worth of trade impediments...
Seaonics signs “record-breaking” newbuild contract
SEAONICS has announced it has signed a contract covering the delivery of gangways and cranes to a series of offshore newbuilds currently under construction. The Norwegian company,...
NYK Line to introduce CO2 removal technology
NIPPON YUSEN Kabushiki Kaisha (NYK Line) has announced it will implement carbon dioxide removal (CDR) technology as part of its plan to reduce Scope 1 greenhouse gas emissions. On...
Seafarer abandonement sees dramatic increase, says ITF
ABANDONEMENT of seafarers by shipowners saw an increase of 87% in 2024 compared to the previous year, new data from the International Transport Workers’ Federation (ITF) has...
Lines maintain Red Sea bypass
THE ONLY container line service previously linking Australia with Europe via Suez looks unlikely to return to that routing any time soon. The MSC AES/CMA CGM NEMO service began...
