Mackay marks 85 years with near-record trade results
NORTH Queensland Bulk Ports has posted near-record trade results for Port of Mackay in the 2023-24 financial year. Handling 3.58 million tonnes in 2023-24, the port exceeded the...
Port Taranaki laments diminished financial year results
NEW Zealand’s Port Taranaki has released its financial results for the 2023-24 year (FY24) ending 30 June 2024, acknowledging diminished results after a challenging year. Port...
NYK declares completion of world's first commercial-use ammonia vessel
NYK LINE has claimed its tugboat Sakigake as the world’s first ammonia-fuelled vessel for commercial use. Modifications to Sakigake for conversion to run on ammonia began last...
Millions of cigarettes seized from container in Sydney
THE AUSTRALIAN Border Force has sized more than 12 million illegal cigarettes from a container that arrived in New South Wales last week. The consignment, which arrived from...
Embattled minister resigns portfolio
TASMANIAN infrastructure minister Michael Ferguson has stepped away from his role overseeing the troubled TT Line ferry and terminal project, with premier Jeremy Rockliff taking...
Tauranga delivers financial results after challenging year
THE PORT of Tauranga has released its results for the financial year ending 30 June 2024 (FY24), depicting modest figures after facing a variety of challenges. Volumes at New...
Another positive month for Melbourne container trade
PORT of Melbourne’s total container throughput increased again last month. The latest monthly trade report indicates container trade was up 2.1% to 282,000 TEU in July this year...
Dalrymple Bay Infrastructure releases solid half-year results
DALRYMPLE Bay Infrastructure (DBI), the Australian coal exporter that operates through its primary foundation asset the Dalrymple Bay Terminal, has released its financial results...
OOCL H1: Revenue, liftings up, profits down
ORIENT Overseas (International) Limited , parent of OOCL, saw its container and logistics business EBIT margin fall from 25.3% in 1H 2023 to 18.9% in the equivalent period this...
SeaRoad fears Devonport crowding
THE DIFFICULTY of safely manoeuvring ships into and out of SeaRoad Shipping’s East Devonport No.2 berth once TT Line’s larger Spirit of Tasmania IV and V are temporarily using...
NPDL locks in SoPac service changes
NEPTUNE Pacific Direct Line has formalised recent fine-tuning of its connections between NZ and two South Pacific nations with a goal of improved operational efficiencies, better...
World Container Index falls by 2% again
DREWRY’S World Container Index has again decreased by 2% this week, falling to US$5319 per 40-foot container. The latest Drewry WCI composite index of US$5319 per 40-foot...
Baltic Exchange weekly report
THE BALTIC Dry Index landed at 1762 on Friday 23 August – a slight decline compared with the previous day but an increase from the previous Friday (1691). The Baltic Dry Index for...
Shadow minister addresses industry at SAL parliamentary lunch
PRODUCTIVITY and connectivity underpinned an address to the shipping industry by shadow minister for transport and infrastructure Natalie Ward this past week. Ms Ward addressed...
Singapore named top maritime centre for eleventh consecutive year
SINGAPORE has once again been named by the Baltic Exchange as the top maritime centre in the world, for the eleventh consecutive year. The shipping and maritime information...
