News
Drastic plastic: study finds tonnes on ocean floor
IN A first estimate of how much plastic waste ends up on the floor of the world’s oceans, work by the CSIRO and the University of Toronto in Canada has concluded up to 11 million...
World Container Index continues steady decline
DREWRY’S composite World Container Index decreased 3% to US$2836 per 40-foot container this week. The latest figure is a 66% increase compared with the same week last year and is...
Air cargo demand strengthens in February
NEW monthly data from the International Air Transport Association suggests global air cargo demand is getting stronger. In February 2024, total demand (measured in cargo...
WA ferry under construction at Austal shipyard
CONSTRUCTION of a new passenger ferry, which will operate in Western Australia, has commenced at Austal’s Philippines shipyard. Australia’s Incat Crowther designed the 32-metre...
Wallenius Wilhelmsen prices Baltimore lock-in
WALLENIUS Wilhelmsen expects the closure of Baltimore, one of the USA’s leading automobile trade ports and a key company hub, to cost it up to US$10 million. WW estimates it will...
Third expedition ship for Aurora
SYDNEY-based Aurora Expeditions will introduce a third small polar cruise ship in 2025, named after Australian Antarctic explorer Douglas Mawson. The 154-pax Douglas Mawson will...
Santos' FPSO reaches another milestone
SANTOS Ltd’s Barossa Gas Project reached another significant milestone last week with the successful installation of the 13th of 16 modules on the floating production, storage and...
Japan's first LNG bunker vessel delivered
JAPAN’S first LNG bunkering vessel was delivered at Mitsubishi Shipbuilding’s Yamatomachi shipyard this past week. Keys Bunkering West Japan named and launched Keys Azalea last...
Resilient Lady makes maiden call at Freo
PORT of Fremantle welcomed Virgin Voyages’ Resilient Lady on 2 April as the cruise ship made its maiden voyage to Western Australia. Its first call to Fremantle will be the last...
New ships for ANL services
BRAND new containerships ordered or chartered by parent CMA CGM are being introduced to ANL’s Australian services. The 6014 TEU CMA CGM Zingaro arrived in Melbourne yesterday [2...
Townsville set for a terminal tizzy-up
TOWNSVILLE has called tenders for works to transform the port’s dedicated cruise terminal as it prepares to welcome larger passenger vessels for the 2024/25 cruise season. Local...
Resources and energy exports to ease
AUSTRALIAN commodity export earnings are expected to be $417 billion in 2023–24, or around 10% below the record $466 billion in 2022–23, according to the March 2024 Resources and...
Kwinana canola plan targets biofuel exports
THE Western Australian Government has begun exclusive lease negotiations with commodities trader Cargill Australia for a parcel of land next to the CBH Kwinana Grain Terminal as...
Austal rejects Hanwha takeover offer
SHIPBUILDER Austal has rejected a c.$1 billion takeover proposal from South Korea’s Hanwha, citing the unlikelihood of obtaining regulatory and government approvals. This morning...
NTRO and Tonga partner on infrastructure program
AUSTRALIA’S National Transport Research Organisation has launched a Strategic Transport Infrastructure Advisory Program with Tonga’s Ministry of Infrastructure. NTRO and the...
