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...
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...
