Second IMO-WISTA Women in Maritime Survey goes live
THE INTERNATIONAL Maritime Organization and Women’s International Shipping & Trading Association have launched their second Women in Maritime Survey. WISTA and the IMO run the...
DP World enters world of fashion and retail
DP WORLD has completed the acquisition of global supply chain provider Cargo Services Far East, the global port operator announced yesterday (2 September). Hong Kong-headquartered...
Southern Ports set for new cruise visits
WESTERN Australia’s Southern Ports of Albany, Bunbury and Esperance are poised for the start of a seven-month cruise season with several first-time visiting vessels. The Port of...
MOL earns world first in onboard fire safety
MITSUI O.S.K. Lines has announced one of its car carriers as the recipient of a certification from ClassNK recognising its voluntary measures to prevent onboard fires. Cerulean...
China volumes lure extra-loaders
WHILE Drewry’s World Container Index continues to fall – this week by another 3% - rates in the China-Australia trade are reportedly nudging year-long highs and demand remains...
Second of new Parramatta ferries enters service
THE SECOND in the new fleet of next-generation Parramatta Class ferries has entered service in Sydney just a fortnight after its arrival to the state’s capital. Designed by...
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...
