Silk Logistics CEO steps down
SILK Logistics CEO and managing director Brendan Boyd has stepped from his executive role at the ASX-listed company for medical reasons. The company on Wednesday (22 May)...
NZ containership crew awarded for SAR efforts
THE CREW of containership Moana Chief was recognised at the 2023 New Zealand Search and Rescue Awards (held on 21 May 2024) for their efforts in a yacht rescue last year. The New...
Peak season surcharge for ECNA
IN WHAT is an absolute rarity in recent years, a peak season surcharge (PSS) has been announced for an outbound trade from Australia. ANL and CMA CGM will impose a US$300/TEU PSS...
Kotahi, Maersk sign new 10-year deal
MAERSK Line and NZ’s Kotahi have signed a second long-term freight agreement they say will provide primary industry exporters with a stable, resilient and sustainable global...
Inmarsat launches new maritime comms service
INMARSAT Maritime has launched a new bonded network service for maritime communications. NexusWave was designed to provide high-speed connection, unlimited data and global...
Study: AI can boost supply chain, enviro performance
THE FINDINGS of a new study, co-authored by the UNSW Institute for Climate Risk & Response, have shown that AI-driven technologies can be harnessed for climate action and...
CMA CGM Q1: 'gradual normalisation' across group
THE CMA CGM Group saw a 30% fall in EBITDA in the first quarter of 2024, described as a “robust performance” in a geopolitical environment that is impeding the fluidity of global...
Evergreen stars in Q1
TAIWAN'S Evergreen Marine Corporation has reported one of its highest first quarter profits, according to evaluations by Alphaliner. The carrier last week announced Q1 2024...
PPA sees April trade increase
PILBARA Ports has reported a total monthly throughput of 65.4 million tonnes for April 2024. This figure is a 13% increase compared with that of April 2023. The Port of Port...
US loads tariffs onto Chinese port hardware
THE BIDEN Administration has included a 25% tariff on all ship-to-shore gantries of Chinese manufacture as part of a broader trade attack on Chinese imports. London-based World...
Congestion forces NEMO to port swap
PROBLEMS at the Indian port of Ennore have forced the NEMO/AES vessel APL Boston to call at the alternative port of Chennai on its northbound voyage from Australia. The weekly...
First transhippers set for Onslow action
MINERAL Resources will begin exports from its Onslow Iron project mid-year upon the completion of commissioning work on the first two of its new mega-transhippers. MinRes Airlie...
Baltic Exchange weekly report
THE BALTIC Dry Index was 1844 on Friday 17 May. The index is now 33% higher than it was in the same week last year. The Baltic Dry Index for the week ending Friday 17 May 2024....
TechnipFMC wins another Woodside contract
UK AND US offshore engineering specialist TechnipFMC has secured a new contract with Woodside Energy for work tied to the Pluto LNG project on the North West Shelf. TechnipFM,...
Ferry projects fraught on both sides of Tasman
DOCUMENTS released last week by the NZ Government show the country’s Ministry of Transport raised many concerns about the cost of the iReX Cook Strait replacement ferries long...
