GMF: decarbonising shipping will be a job creator
NEW analysis, commissioned by the Global Maritime Forum and conducted by Arup, projects that the maritime sector’s transition to e-fuels could support up to four million new green...
MIAL's Blueprint for a Maritime Nation underway
MARITIME Industry Australia kicked off its Blueprint for a Maritime Nation conference in Brisbane on Tuesday (14 May). The event officially opened with a welcome reception on...
Dali subjected to little bang theory (UPDATED)
PLANS by the US Army Corp of Engineers to use explosives to assist in the removal of the section of Baltimore’s Francis Key Scott Bridge still laying over the bow of the...
MWPA appoints first community chair to consultation forum
MID West Ports has appointed the first community chairperson of a forum set up for industry and community stakeholders to discuss port operations. MWPA's Community Consultation...
Man charged following Botany meth bust
A MAN has been charged over the importation of 100 kilograms of meth found in a shipment at Port Botany, on its way to a storage facility used by a freight forwarder. The meth was...
NYK finds a way to re-hash the lash
JAPAN'S NYK has found a way to recycle and re-purpose one of the indispensable tools of international vehicle shipping. Last month NYK Line, NYK Trading Corporation, Azbil...
NYK Group's 2023 down but still third highest
JAPAN'S NYK Group saw profits fall for all major divisions in fiscal 2023 (ending 31 March 2024) but revenues and net profit came in as the third highest ever achieved. Profit...
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...
