Baltic Exchange Weekly Report
THE BALTIC Dry Index has continued to increase, rising to 2110 for the week ending 27 September Capesize This week saw significant positive momentum in the Capesize market. The...
World Container Index keeps falling
DREWRY’S World Container Index decreased 7% this past week to US$3691 per 40-foot container. The index is 4% below the previous pandemic peak of US$10,377 in September 2021, but...
TRADE LAW: What’s the fuss on de minimis?
THOSE in industry live in a world dominated by acronyms (for example, ABF, DAFF, NCTF, TFIWG, ATTP, FID and the like). Lawyers also have their own special terminology which draws...
Celebrations begin for World Maritime Day 2024
THE INTERNATIONAL Maritime Organization’s World Maritime Day has kicked off for 2024, with this year’s theme Navigating the future: safety first! The annual event, this year held...
Melbourne's August container trade takes a tumble
PORT of Melbourne’s total monthly container throughput decreased to 252,000 TEU last month, down 6% on August 2023. Full container import volumes (excluding Bass Strait) were down...
VICT reaches five million TEU
VICTORIA International Container Terminal (VICT) has reached a milestone five million TEU handled since commencing operations at Melbourne’s Webb Dock in 2017. VICT is owned and...
FMC puts lines on notice
WITH THE LIKELIHOOD of industrial disruption at US East Coast and Gulf of Mexico ports growing stronger the Federal Maritime Commission has warned container lines there will be no...
CMA CGM opens Solomon Islands agency
CMA CGM opened a new agency in Solomon Islands today (25 September). Solomon Islands is serviced by ANL’s WESTPAC service, which connects to Australia, New Zealand, Vanuatu, Papua...
Safe container loading seminars kicking off in QLD
CONTAINER Transport Alliance Australia is hosting two Queensland seminars next month on safe container loading and transport practices, as part of a series making its way around...
AMSA head of vessel safety elected chair of IMO sub-committee
THE AUSTRALIAN Maritime Safety Authority’s head of vessel safety and cargo systems, David Anderson, has been elected to chair the International Maritime Organization (IMO)...
US amplifies Chinese port crane concerns
THE UNITED STATES Committee for Homeland Security has renewed claims the world’s leading ship-to-shore gantry crane manufacturer, Shanghai Zhenhua Port Machinery Company, has...
Kiwis rail against possible exclusion
THE NEW ZEALAND Government has admitted it may not make a decision on Interisland Line replacement ferries until year’s end, as opposition grows to the likelihood they’ll have no...
Watch out for the whales
THE PILBARA Port of Dampier is warning all vessels to watch out for whales heading to their feeding grounds in the Kimberley. A notice issued by harbour master Captain Mike...
Huge seizure of illegal cigarettes from sea cargo consignments
THE AUSTRALIAN Border Force (ABF) has seized more than 45 million cigarettes in a five-day period from ten separate sea cargo consignments. Almost 6500 kilograms of tobacco was...
Birdon to build BEBs for Swedish army
BIRDON has been tasked with supplying bridge erection boats (BEBs) to the Swedish army. The NSW-based boat-builder, which has headquarters in both Port Macquarie and Colorado,...
