News
ICS predicts heavy industry sector to dominate global hydrogen demand
THE INTERNATIONAL Chamber of Shipping has presented a new report that expects heavy industry to dominate global demand for hydrogen up to the year 2050. The report, written by the...
SeaLead enters Australian reefer market
SINGAPOREAN container logistics shipping company SeaLead will officially enter the Australian reefer market, says its exclusive Australian agents, Nautical Shipping (NS). The...
Oakajee gets set to support heavy freight
A $20 million road contract has been awarded to Highway Construction Pty Ltd, with works to start in coming months on upgrades to support heavy freight movements in and out of the...
MOL designing LNG carrier fitted with hard sails
MITSUI O.S.K. Lines has been granted an approval in principle by ClassNK for the design of an LNG-fuelled carrier that is also fitted with a wind-assisted propulsion system. The...
Port Authority of NSW celebrates 10 years and trade milestones
THE PORT Authority of New South Wales today (5 August) celebrates 10 years as a state-owned corporation, facilitating billions in trade for the regional and state economies. Port...
The MCC Group joins Shipping Australia
SHIPPING Australia has welcomed The MCC Group as its newest corporate associate member. The MCC Group, headquartered in Brisbane, comprises the companies MCC Marine, Marine Cargo...
PBPL and Bridgestone agree to 15-year lease on new facility
THE PORT of Brisbane and Bridgestone Australia have agreed to terms for a 15-year lease on a site which will become Bridgestone’s new distribution centre. A site over five...
World Container Index decreases by 1%
DREWRY’S World Container Index has decreased again by 1% this week to US$5736 per 40-foot container. It marks the second week in a row the container index has seen a decrease,...
Huge sea-freight meth plot foiled, Sydney man charged
A SOUTH-WEST Sydney man has been charged for alleged involvement in a plot to import $828 million worth of methamphetamine. The consignment involved the attempted importation of...
Baltic Exchange weekly report
THE BALTIC Dry Index ended the week at 1675 (Friday 2 August). It was an uptick from the 1668 on Thursday but a notable decrease from 1808 on the previous Friday (26 July). The...
Australia's first hyperbaric common user facility open for business
AUSTRALIA’S first deepwater hyperbaric common user facility opened its doors this week (31 July). The facility, operated by Matrix Composites and Engineering, is part of the...
ITF week of action singles out cruise ships, offshore oil and gas
EXPEDITION cruise ships and offshore oil and gas industries were among vessels the International Transport Workers Federation Inspectorate claims have underpaid seafarers an...
Louis Dreyfus has green light to cotton on
COMMODITY giant Louis Dreyfus’s bid for Namoi Cotton can proceed following the ACCC’s acceptance of a court-enforceable divestiture undertaking. The Louis Dreyfus Company B.V. and...
Australia and NZ to collaborate on green trade
AUSTRALIA AND New Zealand plan to work together to unlock potential economic opportunities as the transition to clean energy accelerates, including through work to develop green...
Indonesian lunch policy presents opportunities for Australian growers
THE AUSTRALIAN government is examining trade opportunities with Indonesia aimed at taking advantage of a scheme aimed at feeding school children. A key policy for President-elect,...
