TT Line ferry controversy refuses to die
LAST WEEK’S decision by the Tasmanian Government to accept expert advice and delay the introduction of TT Line’s new Spirit of Tasmania ro-paxes has, predictably, prompted a new...
WCI continues to tumble
DREWRY’S World Container Index continued its decline this past week, dropping 4% to US$3095 per 40-foot container on 24 October. The composite index is now 70% below the previous...
Port of Tauranga reports first quarter 2025 results
THE PORT of Tauranga has released its financial results for the first quarter of the 2024-25 financial year (FY25). The north island port, New Zealand’s largest, reported...
MOL enters agreement for LNG facility
MITSUI O.S.K. Lines (MOL) has announced it has entered an agreement with Singapore LNG Corporation for a Floating Storage and Regasification Unit (FSRU). The Japanese shipping...
Baltic Exchange weekly report
THE BALTIC Dry Index saw another decrease this past week, though not as sharp as that of the previous week. On Friday 25 October the index was 1410. The Baltic Dry Index for the...
Australian Maritime College to see new naval research centre
THE PREMIER of Tasmania, Jeremy Rockliff has announced a new Naval Research Centre is set to be established at the Australian Maritime College (AMC). MP Rockliff, who is the...
New Spirits to be delayed until 2027
THE TASMANIAN GOVERNMENT has bitten the bullet on the vexed question of the introduction of TT Line’s new Spirit of Tasmania ferries and will postpone their introduction until...
World Shipping Council launches second whale chart
THE WORLD Shipping Council has released the second edition of the WSC Whale Chart, a voyage planning aid designed to help the shipping industry protect whales. The chart builds on...
DSV and Kuehne+Nagel release third quarter results
DSV and Kuehne+Nagel (K+N), two of of the world’s most prominent logistics service providers, have released their financial results for the third quarter of 2024 (Q3-24). Both...
First contract signed for PNG FLNG
KUMUL PETROLEUM, the government-owned shareholder in the PNG LNG project, has signed a contract for early-stage design work on the planned floating LNG facility to be deployed in...
Maersk raises profit expectation, again
THE RED SEA conflict continues to boost container line profits with Maersk Line once again raising projections, for the third consecutive quarter. Ahead of its official release of...
Meth found in Sydney-bound sea-freight, man charged
A MAN has been charged over his alleged role in the attempted importation of 60 kilograms of methamphetamine into NSW in a sea-freight consignment. US authorities last month found...
Rail industry makes case for consistent national standards
THE AUSTRALIAN rail industry has today (23 October) published a report outlining initiatives expected to harmonise national rail standards. The Harmonisation of Rail Standards...
Inland Rail to begin on Albury to Illabo
INLAND Rail (IR) has announced that construction is set to begin on the Albury to Illabo section of the project following the receival of approval. IR says Albury to Illabo is set...
New season grain being received at Geraldton, Esperance and Fremantle ports
THE FIRST grain receivals of the new season are currently being delivered to Geraldton, Kwinana and Esperance ports in Western Australia. The state’s grain harvest is expected to...
