News
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...
NYK declares completion of world's first commercial-use ammonia vessel
NYK LINE has claimed its tugboat Sakigake as the world’s first ammonia-fuelled vessel for commercial use. Modifications to Sakigake for conversion to run on ammonia began last...
Millions of cigarettes seized from container in Sydney
THE AUSTRALIAN Border Force has sized more than 12 million illegal cigarettes from a container that arrived in New South Wales last week. The consignment, which arrived from...
Tauranga delivers financial results after challenging year
THE PORT of Tauranga has released its results for the financial year ending 30 June 2024 (FY24), depicting modest figures after facing a variety of challenges. Volumes at New...
Another positive month for Melbourne container trade
PORT of Melbourne’s total container throughput increased again last month. The latest monthly trade report indicates container trade was up 2.1% to 282,000 TEU in July this year...
Dalrymple Bay Infrastructure releases solid half-year results
DALRYMPLE Bay Infrastructure (DBI), the Australian coal exporter that operates through its primary foundation asset the Dalrymple Bay Terminal, has released its financial results...
OOCL H1: Revenue, liftings up, profits down
ORIENT Overseas (International) Limited , parent of OOCL, saw its container and logistics business EBIT margin fall from 25.3% in 1H 2023 to 18.9% in the equivalent period this...
World Container Index falls by 2% again
DREWRY’S World Container Index has again decreased by 2% this week, falling to US$5319 per 40-foot container. The latest Drewry WCI composite index of US$5319 per 40-foot...
Baltic Exchange weekly report
THE BALTIC Dry Index landed at 1762 on Friday 23 August – a slight decline compared with the previous day but an increase from the previous Friday (1691). The Baltic Dry Index for...
Shadow minister addresses industry at SAL parliamentary lunch
PRODUCTIVITY and connectivity underpinned an address to the shipping industry by shadow minister for transport and infrastructure Natalie Ward this past week. Ms Ward addressed...
