Baltic Exchange Weekly Report
THE BALTIC Dry Index has continued to increase, rising to 2110 for the week ending 27 September Capesize This week saw significant positive momentum in the Capesize market. The...
World Container Index keeps falling
DREWRY’S World Container Index decreased 7% this past week to US$3691 per 40-foot container. The index is 4% below the previous pandemic peak of US$10,377 in September 2021, but...
TRADE LAW: What’s the fuss on de minimis?
THOSE in industry live in a world dominated by acronyms (for example, ABF, DAFF, NCTF, TFIWG, ATTP, FID and the like). Lawyers also have their own special terminology which draws...
ACCC consults on Olam's Namoi bid
SINGAPORE-based Olam has offered court-enforceable undertakings in its efforts to obtain ACCC clearance for its bid for Namoi Cotton, but the Commission remains concerned about...
Maersk reworks Oceania products
MAERSK LINE is to undertake a major re-organisation of its Oceania services, adding one, canning two and revising a fourth. The headline is the introduction of a revived Northern...
Work to get underway on Port of Dampier wharf
WORK ON a new 200-metre wharf at the Port of Dampier, designed for berthing Supramax and Panamax bulk carrier vessels, will get begin in October. The construction of the Dampier...
Celebrations begin for World Maritime Day 2024
THE INTERNATIONAL Maritime Organization’s World Maritime Day has kicked off for 2024, with this year’s theme Navigating the future: safety first! The annual event, this year held...
Melbourne's August container trade takes a tumble
PORT of Melbourne’s total monthly container throughput decreased to 252,000 TEU last month, down 6% on August 2023. Full container import volumes (excluding Bass Strait) were down...
VICT reaches five million TEU
VICTORIA International Container Terminal (VICT) has reached a milestone five million TEU handled since commencing operations at Melbourne’s Webb Dock in 2017. VICT is owned and...
New vessel traffic services centre opened at Dampier
A NEW integrated Vessel Traffic Services (VTS) Centre at the Port of Dampier has been officially opened providing advanced sensors, radar and metocean equipment to control vessel...
FMC puts lines on notice
WITH THE LIKELIHOOD of industrial disruption at US East Coast and Gulf of Mexico ports growing stronger the Federal Maritime Commission has warned container lines there will be no...
Industrial action to impact Qube operations at Port of Brisbane
THE MARITIME Union of Australia has notified Qube Ports that participating wharfies in Brisbane are proceeding with industrial action. The actions, which involve a host of...
CMA CGM opens Solomon Islands agency
CMA CGM opened a new agency in Solomon Islands today (25 September). Solomon Islands is serviced by ANL’s WESTPAC service, which connects to Australia, New Zealand, Vanuatu, Papua...
Vessel loses power off Victorian coast
THE AUSTRALIAN Maritime Safety Authority (AMSA) has confirmed that heavylift/MPP AAL Genoa suffered engine failure yesterday afternoon [23 September] en route to the port of...
Safe container loading seminars kicking off in QLD
CONTAINER Transport Alliance Australia is hosting two Queensland seminars next month on safe container loading and transport practices, as part of a series making its way around...
