Yang Ming back in black
ALONG with Israel’s ZIM and Taiwanese compatriot Wan Hai, Yang Ming was one of the few top container lines to record a negative EBIT in 2023, according to Alphaliner, but it’s...
Container index continues to rise
DREWRY’S composite World Container Index increased 16% to US$3159 per 40-foot container this week. The latest index is an 81% increase compared with the same week last year and a...
Baltic Exchange weekly report
THE BALTIC Dry Index on Friday 10 May was 2129 following ups and downs throughout a shorter week in the UK. The Baltic Dry Index for the week ending Friday 10 May 2024. Source:...
Family presented with bell of iconic Sydney tug
PORT Authority of NSW has presented the family of Wiradjuri woman Shirley Smith with the bell of the tugboat named after her. Firefighting tug Shirley Smith was one of two tugs...
WW reports "strong quarter" despite Red Sea, Baltimore
WALLENIUS Wilhelmsen has reported “strong performance” for the first quarter of 2024 despite Red Sea diversions and one of its ships being trapped by the Baltimore bridge...
Rate restoration gathering momentum
RECOVERY in import demand from Asia is encouraging container lines to ramp up rate restoration efforts. ANL Containerline yesterday [8 May] announced another GRI in the North &...
Imports and exports showing rising trends
LATEST figures from London-based Container Trade Statistics show global volumes grew to around 15, 560,078 TEU in March 2024, a steep rise from February’s 13,396,864 TEU and...
DHL Supply Chain revenue, profits outshine Group results
DHL Group’s revenue and operating profit declined in the first quarter of 2024 compared with that of 2023, but there was growth in the company's Supply Chain division. The...
Austrade leads maritime mission to South East Asia
AUSTRADE sharpened its focus on decarbonisation in the maritime industry at a business mission in Singapore and Malaysia. This is the first Australia Southeast Asia Business...
WISTA and Svitzer launch women's leadership course
WISTA and Svitzer Australia have partnered to launch a leadership course for women in the maritime industry. A series of six workshops aims to develop leadership skills among...
Police boat headed for new beat
A POLICE launch that’s racked up an impressive three decades of service in local and deepsea waters is headed for a new life in Papua New Guinea. Tasmania Police’s PV Van Diemen...
Red Sea dramas leave Launceston helipless
IN A rather bizarre consequence of the disruptions to shipping caused by the Middle East conflict, Launceston in Tasmania is struggling to complete a hospital helipad. The...
Albany tug relocates to NZ port
FORMER Svitzer tug Karoo, which served at Albany until a recent towage upgrade, arrived at Port Taranaki this morning (7 May). Karoo was sold as part of the upgrade and overhauled...
Successful trials for ammonia pioneer
THE GROUND-breaking vessel Fortescue Green Pioneer has completed a second round of operational trials in the port of Singapore, this time of propulsion and manoeuvrability....
Station mascot returning to Antarctica on Nuyina voyage
A FIBREGLASS dog will sail to Antarctica this week aboard Aussie research vessel Nuyina. The new collection dog replaces a research station mascot, named Stay, who recently...
