News
PIL to upgrade electronic bill of lading solution
PACIFIC International Lines have announced a partnership with WaveBL to provide an upgraded electronic bill of lading (eBL) solution for its customers. PIL say the eBL solution...
CMA CGM’s second quarter ‘robust’
THE persistent geopolitical tension impeded the fluidity of global trade in 2Q 2024, CMA CGM says, but also supported demand for cargo shipping. Volumes rose sharply compared to...
DSV positive about half year results despite decline in profit
DSV GROUP’S financial results for the first half of 2024 (H1 2024) have been released, depicting mixed results. The Danish transport and logistics company posted a decline in...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased this past week to 1808 on Friday 26 July. The Baltic Dry Index for the week ending Friday 26 July 2024. Source: Baltic Exchange Capesize The...
World Container Index decreases by 2%
DREWRY’S WORLD Container Index has seen a decrease of 2% this week to US$5806 per 40-foot container. The decrease follows over a month of steady increases, including the 1%...
EES warns of more container delays in Singapore
WITH demand for container shipping hitting a record high in May, EES Shipping is warning that delays in Singapore won’t improve in August and September. In a posting to its...
Eastern Pacific Shipping receives sixth dual-fuel bulker
SINGAPORE-based shipowner Eastern Pacific Shipping has welcomed the last of six Newcastlemax bulkers from New Times Shipbuilding in an announcement yesterday (24 July). Mount Ossa...
CSIRO locates Noongah wreck
THE wreckage of the diminutive Australian National Line coastal freighter Noongah, which sank after its steel cargo shifted in heavy weather off the northern NSW coast in August...
Gladstone Ports Corporation CEO resigns
GLADSTONE Ports Corporation’s chief executive officer Craig Haymes has resigned, advising staff yesterday (24 July) that it would be his last day with the corporation. Mr Haymes...
Port of Hastings Corporation appoints new CEO
THE PORT of Hastings corporation announced yesterday (23 July) the appointment of Matt Thorpe as its new chief executive officer. The corporation says Mr Thorpe brings with him...
Weipa dredging complete for the year
NORTH Queensland Bulk Ports has wrapped up this year’s maintenance dredging program at the Port of Weipa. The trailing suction hopper dredger Brisbane removed around 700,000 cubic...
Australia-Japan grape export negotiations a success
THE AUSTRALIAN government has heralded greater export opportunities for the nation’s table grape industry following successful negotiations with Japan. In an announcement made...
NYK completes installation of wind-assisted propulsion units
NYK BULKSHIP (Atlantic), an NYK Group company, has installed two wind propulsion units on the bulk carrier NBA Magritte, it said in an announcement yesterday (23 July)....
Rio Tinto celebrates 4 billion tonnes of iron ore for China
RIO Tinto is celebrating more than 50 years of shipping iron ore to China to be used in the steel that has built much of that nation’s infrastructure. On 18 July, a shipment of...
Maersk modifies multiple services
The 5905 TEU Maersk Rio India sailed from Melbourne last night after the first of several inducement calls added to the NZ-South East Asia Southern Star service. It’s a move...
