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...
Freight forwarder critical of landside price hikes
BRIAN Hack, managing director of West Australian freight forwarder EES has thrown his weight behind the Australian Competition and Consumer Commission’s latest stevedoring...
Corvus Energy to power “world first” electric vessel
CORVUS Energy has announced it will deliver a mega-size battery system for the first fully electric offshore vessel ever to be built. The Norwegian-headquartered company confirmed...
Applications open for Patrick WILpower cadetships
PATRICK Terminals has opened applications for its 2025 WILpower cadet program. WILpower, or the Women in Logistics program, was set up in 2015 to provide women with career...
ClassNK issues AiP for Liquefied CO2 Carrier
CLASSNK has announced it has issued an Approval in Principle (AiP) for a design concept for a coastal liquefied CO2 carrier, jointly developed by Mitsubishi Shipbuilding Co. and...
Emissions guidance released for Aussie ports
PORTS Australia has released new emissions guidance to help Australian ports transition to net-zero. The Greenhouse Gas Emissions Inventory Guidance is designed to support ports...
Australia, Japan to modernise food value chains
THE FEDERAL Government has declare drelations between Japan and Australia have been further strengthened with the signing of a statement of intent on modernizing agri-food value...
WA small business urged to consider exports
SMALL regional businesses in the southwest of Western Australia are being encouraged to look overseas for markets. The state government is offering $600,000 over three years...
Vezhen released by Swedish authorities
BULK carrier Vezhen has been released by Swedish authorities after being seized in relation to a subsea cable damage incident. The Swedish Prosecution Authority announced the...
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...
New owners rescue FSG
BREMERHAVEN, GERMANY’s Heinrich Rönner Group is to take over operations at the insolvent Flensburger Schiffbau-Gesellschaft, with construction of Searoad Shipping’s new Bass...
