World Container Index decreases by 1%
DREWRY’S World Container Index has decreased again by 1% this week to US$5736 per 40-foot container. It marks the second week in a row the container index has seen a decrease,...
Baltic Exchange weekly report
THE BALTIC Dry Index ended the week at 1675 (Friday 2 August). It was an uptick from the 1668 on Thursday but a notable decrease from 1808 on the previous Friday (26 July). The...
Australia's first hyperbaric common user facility open for business
AUSTRALIA’S first deepwater hyperbaric common user facility opened its doors this week (31 July). The facility, operated by Matrix Composites and Engineering, is part of the...
ITF week of action singles out cruise ships, offshore oil and gas
EXPEDITION cruise ships and offshore oil and gas industries were among vessels the International Transport Workers Federation Inspectorate claims have underpaid seafarers an...
Australia and NZ to collaborate on green trade
AUSTRALIA AND New Zealand plan to work together to unlock potential economic opportunities as the transition to clean energy accelerates, including through work to develop green...
Indonesian lunch policy presents opportunities for Australian growers
THE AUSTRALIAN government is examining trade opportunities with Indonesia aimed at taking advantage of a scheme aimed at feeding school children. A key policy for President-elect,...
WSC advances Green Balance Mechanism proposal
THE WORLD Shipping Council has yesterday (31 July) announced further development for its Green Balance Mechanism, a regulatory proposal designed to ensure shipping meets net-zero...
Green ammonia for COSCO Shipping in Fortescue deal
FORTESCUE and COSCO Shipping will work together to collaborate on converting the COSCO fleet to green ammonia. The two companies have signed a non-binding memorandum of...
Air cargo demand surges in June
THE INTERNATIONAL Air Transport Association has reported a surge in air cargo demand in June, citing shipping constraints as a strong contributor to the latest monthly figures....
GrainCorp, Ampol and IFM sign renewable industry MoU
A MEMORANDUM of understanding was signed yesterday (30 July) between industry super-owned global fund manager IFM Investors, agribusiness and processing company GrainCorp and...
Re-entry to China boosts Aussie wine exports
A SURGE in wine exports to mainland China in recent months drove the overall value of Aussie wine exports up 17% to $2.2 billion in the last financial year. The latest Export...
Drought-stricken King Island farmers receive donated hay
DROUGHT-STRICKEN farmers on Tasmania’s King Island have received relief in the form of a delivery of fodder and stockfeed. Four-hundred-and-fifty bales of hay were donated by...
TasPorts having success in efforts to prevent seagull nests
TASPORTS is continuing its efforts to prevent port infrastructure from becoming a nesting area for seagulls. The ports corporation encounters some unique challenges created by...
MPA and Microsoft join forces on maritime digitalisation
THE MARITIME and Port Authority of Singapore has signed a memorandum of understanding with Microsoft to support the development and uptake of digital systems in the maritime...
Registrations open for ICHCA events in SA, Victoria
THE INTERNATIONAL Cargo Handling Co-ordination Association is hosting two Australian events in the coming months, including a joint event with another Australian association. On...
