World Container Index jumps 7%
THE WORLD Container Index increased again this past week, up 7% to US$3444 per 40-foot container on 7 November. The composite index, published weekly by Drewry, is now 67% below...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1495 on Friday 8 November The Baltic Dry Index for the week ending Friday 8 November 2024. Source: Baltic Exchange Capesize The...
TasPorts says Grassy Port works nearing completion
TASPORTS says the Bollard Replacement Project at King Island’s Grassy Port is progressing, with works nearing completion. The project aims to enhance the infrastructure at the...
Rising shipping insurance hurting community groups
RISING insurance costs for the shipping industry are taking money away from community groups. EES Shipping Managing Director Brian Hack says community sport is the big loser as...
Australia and UAE finalise CEPA
AUSTRALIA and the United Arab Emirates have signed their Comprehensive Economic Partnership Agreement – a deal eliminating tariffs on more than 99% of Australia’s exports to the...
Kimberley bridge building supply chain resilience
WESTERN Australia has taken the next step in building supply chain resilience in the Kimberley with the new Brooking Channel Bridge set to open to traffic on Wednesday, 13...
Melbourne luncheon to celebrate Alma Doepel restoration progress
A GALA luncheon in Melbourne this month will celebrate the progress of the restoration of Australian-built tall ship Alma Doepel. On 22 November, over lunch at Hotel Windsor, the...
OneStop, Tyne ACFS partner up for NZ depot
LOGISTICS software company OneStop has announced the expansion of its partnership with Tyne ACFS that will see its solutions integrated at the joint venture’s new Auckland depot....
Red Sea diversions, longer transits improve crew wellbeing
LONGER transits caused by Red Sea diversions appear to be giving seafarers more time to rest, resulting in an improvement in wellbeing, a Mission to Seafarers report has found....
Swire Group donates $26m to tackle cancer in Pacific
SWIRE Group has donated $25.9 million to the University of New South Wales (UNSW Sydney) to support cervical cancer screening and treatment for more than 130,000 women in the...
Illabo to Stockinbingal rail receives Government approval
THE ILLABO to Stockinbingal section of Inland Rail has received approval from the Australian Government, giving the project the green light to move into the construction phase in...
Container trade increases at Melbourne while non-container takes a dive
PORT of Melbourne has posted an increase in container throughput for September 2024, up 6.4% against September last year. The port handled 284,000 TEU in September, with full...
Aboriginal dancers greet Albany's first cruise ship of season
THE FIRST of an expected 16 cruise vessels arrived at Albany on 4 November to mark the start of the cruise season with another seven vessels set to visit Esperance and Bunbury....
Victorian container terminals to increase landside charges
FOLLOWING discussions initiated by the Victorian Department of Transport and Planning (DTP), it has been announced all of three Victorian-based container terminals will align...
Regulator ill-equipped to manage pilotage: report
A DISPUTE between rival pilotage providers in Port Phillip alleging one used unlicensed pilots was resolved on confidential commercial terms in a Federal Court case – but the...
