News
Wallenius Wilhelmsen loaded with optimism
WHILE acknowledging “some signs of softness in the auto segment” Wallenius Wilhelmsen has upgraded its outlook for the remainder of 2024 and is expecting even better things in...
Esperance ore circuit proves it can share
THE PORT of Esperance has shipped its second, much larger iron ore load from Gold Valley, proving its iron-ore circuit can be shared by multiple customers. The shipment, more than...
Lumsden Point dredging complete
DREDGING for the new Lumsden Point facility at Port Hedland has been completed a week early. The JFJ De Nul cutter suction dredge has now left the port after removing around a...
Qatar Airways and Virgin alliance to boost exports
A NEW partnership between Virgin Australia and Qatar Airways is set to boost both cargo capacity and export opportunities for Australian businesses. The Australian Competition and...
Trump backs ILA on automation stance
PRESIDENT-ELECT Donald Trump has appeared to declare his support for the International Longshoremen’s Association (ILA) in its ongoing contract battle with the United States...
Poseidon Principles signatories move toward climate target alignment
SHIP-FINANCING institutions participating in the Poseidon Principles initiative have moved closer to alignment with the International Maritime Organization’s 2050 decarbonisation,...
MUA to hold “day of action” against QUBE
THE MARITIME Union of Australia (MUA) has announced Australian wharfies will strike across ten ports in an “International Day of Action” against Qube Ports. The Union revealed the...
Grain volume down but CBH reports $73.8m surplus
WESTERN Australian grain distribution business, CBH reports in its annual report released on 11 December, a reduced $51 million surplus year-on-year. The co-operative reported an...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased each day this week to 1051 on Friday 13 December. The Baltic Dry Index for the week ending Friday 13 December 2024. Source: Baltic Exchange Capesize...
World Container Index stabilises
DREWRY’S World Container Index remained stable at US$3529 per 40-foot container this week, following its increase to US$3533 last Friday. The latest figure is 66% below the...
Architect appointed for restoration of Albany pilot cottages
HERITAGE architect H+H Architects have been appointed to design the $8.3 million Albany historic pilot cottages precinct. They were awarded the $0.74 million contract after a...
Strait Link back to full strength
STRAIT LINK’s nightly Melbourne-Burnie service will return to full capacity when ro-ro Victorian Reliance II rejoins sister Tasmanian Achiever II in operation early next week....
South Aust to get new Asia direct calls
MEDITERRANEAN Shipping Company will begin making direct Port Adelaide calls with its recently-launched Koala service, restoring South Australia’s import links with Asia. Schedules...
WiseTech to acquire BSM Global
WISETECH Global has today (12 December) announced it has entered into an agreement to acquire BSM Global, a provider of trade management systems and solutions. Supply chain...
Aussie-designed electric harbour craft destined for Singapore
AUSTRALIA’S Incat Crowther has been commissioned to design a cargo transfer vessel that will transport stores, food and maintenance items to ships anchored in the Singapore...
