News
Freight trains to make temporary return to NZ line
KIWIRAIL has announced that people and machinery are working on the Northern Division freight rail line to ready it for the temporary return of freight trains later this year. The...
BHP posts solid 2023-24 results
AUSTRALIAN multinational mining giant BHP has heralded positive results in their 2023-24 financial year operational review, off the back of a strong fourth quarter performance....
Simulation launched for automotive stevedoring
A SIMULATION system developed for the automotive stevedoring space and port services has gone live in Australia. The new system, Motum World, is a software package developed in...
Port Marlborough marina operator awarded in first for NZ
PORT Marlborough and Marlborough Sounds Marinas has announced the successful achievement of the International Clean Marina certification for three of their sites. Marina operator...
Federal government beefs up funding for red meat industry
THE FEDERAL government has announced more than $100 million in funding to support the growth of Australia’s red meat and livestock industries. The funding will cover research and...
Austal delivers 20th Guardian Class Patrol Boat
AUSTRALIAN Shipbuilder Austal has delivered its 20th Guardian Class Patrol Boat to the Department of Defence. RKS Tobwaan Mainiku is destined for the Republic of Kiribati as part...
Deconstruction contract awarded for historic Cairns wharf facility
PORTS North has awarded the contract for deconstruction of White’s Shed, a “badly dilapidated” sugar handling facility behind the Cairns cruise terminal. Demolition specialist...
Cruise executives in Perth for industry conference
MORE than two dozen cruise executives have gathered in Perth to discuss the cruise industry in Western Australia that last year injected $333 million into the state’s economy. The...
Now there’s B1 and B2
THE SECOND of AAL Shipping’s innovative Super B-class heavylift/multi-purpose vessels has been officially named at the CSSC Huangpu-Wenchong Shipyard in Guangzhou. The ceremony...
NYK buys most of Eneos’ fleet
JAPANESE energy group Eneos has sold most of its fleet of tankers, gas carriers and bulkers to compatriot NYK for a new joint venture to be based in Singapore. Eighteen LPG...
Global players unite to condemn IMO’s carbon indicator
SIX OF the most significant shipping associations in the world have released a joint announcement calling for changes to the Carbon Intensity Indicator introduced by the...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1997 on Friday 12 July. The Baltic Dry Index for the week ending Friday 12 July 2024. Source: Baltic Exchange Capesize This week...
TasPorts partners with IMAS to develop living sea walls
TASPORTS has announced it is partnering with the Institute for Marine and Antarctic Studies to develop living sea walls for port infrastructure. PHD students from IMAS can apply...
World Container Index inches up 1%
DREWRY’S World Container Index inched up 1% this past week to US$5901 per 40-foot container. It follows a sharp incline that began in early May. The composite index has increased...
OPINION: Border clearance and security compromised
THE DEPARTMENT of Homeland Security in its recent customs brokers licence renewals has added new conditions and legislative intent (yet to be passed by the Senate) which has...
