News
Somali piracy threat evolving, IMB says
THE ICC International Maritime Bureau has flagged a “worrying” rise in Somali pirate activity as total first-quarter piracy incidents increase. The IMB in its latest report...
Baltimore clearance efforts stuck in the mud
WHILE US President Joe Biden has pledged the port of Baltimore will be re-opened by the end of May, new sonar images have revealed major sections of the Francis Scott Key Bridge...
Results in for ship speed reduction program
A WHALE protection initiative for shipping companies has reported its highest participation levels to date and has named the companies which contributed to a reduction in air...
Brisbane celebrates bumper cruise season
PORT of Brisbane has reported a record summer cruise season at the Brisbane International Cruise Terminal. BICT clocked up 125 cruise visits between October 2023 and March 2024,...
Grain trains a Vic winner
THE VICTORIAN Government is claiming credit for a massive increase in rail transport of domestic and export grain in the state. Grain volumes moved by rail in Victoria increased...
New tonnage for G2 Ocean
BULK, breakbulk and forest products specialist G2 Ocean will have new custom tonnage at hand after shareholder and pool partner Gearbulk placed an order for up to four...
K+N streamlines structure
MULTI-MODAL freight forwarder and logistics giant Kuehne+Nagel has announced a restructuring of management responsibilities in a move overseas commentators see as more closely...
Damen, CMA CGM to fine-tune fuel use
CMA CGM and Dutch-based Damen Shipyards Group have embarked on a project to modify up to ten of the containerline’s ships in a quest for fuel savings of around 10%. Up until now,...
Electric harbour-craft charging trial goes live in Singapore
THE MARITIME and Port Authority of Singapore has launched its first trial of an electric harbour-craft charging point. The pilot trial at the Marina South Pier follows a call last...
Govt commits $45m to freight-route upgrades
THE FEDERAL government has committed $45 million to 19 priority freight-route safety upgrades. Around $25 million would go to 14 projects under the Bridges Renewal Program, and...
DNV approves HD Hyundai maritime innovation
DNV has issued shipbuilding conglomerate HD Hyundai with a general approval for ship application (GASA) for what it has labelled a “world-first” support system for independent...
Maersk's OC1 resumes Panama transits
AFTER a break of around four months Maersk Line’s OC1 service will resume Panama Canal transits in mid-May. The carrier split its ANZ-East Coast North America service into two...
WiseTech to acquire Aktiv Data
ASX-LISTED WiseTech Global has agreed to acquire Aktiv Data, an electronic customs and freight forwarding specialist in Finland. Aktiv Data’s flagship product is nTax, cloud-based...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased each day this past week to 1628 on 5 April, continuing a downward trend that began in mid-March. The Baltic Dry Index for the week ending Friday 5...
RightShip and Intercargo's excellence adventure
MELBOURNE-founded RightShip and the International Association of Dry Cargo Shipowners have joined forces to launch an independent, not-for-profit industry organisation dedicated...
