Kenwick terminal marks next step on the way to Westport
THE NEW Kenwick Intermodal Terminal just outside Perth will support the movement of up to 200,000 shipping containers each year. Funded by the Australian and Western Australian...
PIANC APAC 2024: Ports in a changing world
THE PIANC Asia Pacific Conference in Sydney this past week featured insights into challenges across the global ports landscape, with a focus on connecting Asia Pacific ports in a...
Baltic Exchange weekly report
THE BALTIC Dry Index climbed as high as 1827 this past week before dipping to 1814 on Friday 30 August. The Baltic Dry Index for the week ending Friday 30 August 2024. Source:...
Lyttelton Port releases mixed financial results
LYTELLTON Port Company has released its results for the 2023-24 financial year (FY24), posting a mixed report of both earnings and decreases. The company returned underlying net...
World Container Index continues to tumble
DREWRY’S World Container Index decreased again this past week, dropping 3% to US$5181 per 40-foot container. The latest figure is 50% below the previous pandemic peak of US$10,377...
Air cargo demand continues to rise in July
GLOBAL air cargo demand is still growing, according to the International Air Transport Association, due in part to constraints in shipping. The latest monthly air cargo statistics...
Move Logistics releases financial year results
MOVE Logistics Group has released its results for the 2023-24 financial year (FY24), admitting that group performance was below aspirations. The New Zealand-based transport and...
IMO secretary-general condemns "unacceptable" Red Sea attack
THE INTERNATIONAL Maritime Organization’s secretary-general has spoken following a recent attack on an oil tanker while transiting the Red Sea. Mr Arsenio Dominguez, who became...
TT Club calls for wider efforts to prevent ship fires
TT Club is calling for greater diligence across the supply chain following a “spate” of containership fires in recent months. The freight insurer said all players in the global...
Work to commence at Horn Island Port
PORTS North says onsite works for a major upgrade to Horn Island port will occur from 9 September this year. The upgrade will significantly increase capacity and deliver safer and...
New legislation for SA to protect agriculture industry
A NEW bill will be introduced to the South Australian parliament this week, aimed at strengthening biosecurity protections for the state’s $18.5 billion dollar agriculture...
OPINION: Where is the government's support for seafarer welfare funding?
THE HEALTH, wellbeing and recuperation of seafarers depend on 21st century funding for port welfare facilities. In Australia, the current institutional paralysis-by-analysis and...
Western Sydney Airport welcomes first international airline
WESTERN Sydney’s soon-to-be newest airport has secured its first its first international airline, with Singapore Airlines confirming its intention to operate from the airport....
WA govt calls on state industry to design new ferries
THE WESTERN Australian government has called on state industry to design a new fleet of modern vessels as part of its plans to expand Perth’s ferry services on the Swan River. An...
Freight rail saving big on emissions says KiwiRail
TRANSPORTATION of goods via freight rail saved nearly 230,000 tonnes of CO2 emissions in the 2023-24 financial year, according to KiwiRail. New Zealand’s state-owned rail operator...
