News
Japanese CO2 could be headed our way
AN AGREEMENT signed in Houston, USA on Monday [18 March] could see carbon dioxide shipped from Japan to Australia for placement in greenhouse gas storage facilities. JX Nippon Oil...
Half-year profit up 40% at NZ port
PORT Otago has announced a half-year profit of NZ$13 million for the six months ended December 2023, up 40% on the same six months in 2022. Container volumes increased by 51% to...
Pilbara Ports trade dips in February
PILBARA Ports handled 52.7 million tonnes of cargo in February 2024. The latest monthly throughput figures were down 4% compared with February 2023. The Port of Port Hedland...
Friends of the Earth claims rigged, Esso says
ESSO Australia has issued a detailed rebuttal of claims by Friends of the Earth that is threatening the marine environment by short-cutting the decommissioning of Bass Strait oil...
Revised EU Customs requirements looming
AUSTRALIAN companies exporting to the European Union face added data requirements from June, as part of the upcoming third release of the EU’s Import Control System 2 (ICS2). In a...
IMO to open Pacific regional office
THE INTERNATIONAL Maritime Organization is opening a regional office in Fiji to serve Pacific member states, including Australia and New Zealand. The Suva office would be the...
New NZ coastal service nears realisation
A WEST Coast South Island company is about to launch a new barge-based bulk distribution and transhipment operation, partly funded under the coastal shipping initiative of NZ’s...
Fortescue, partners complete ammonia trial
AUSTRALIA’S Fortescue late last week completed the world’s first use of hydrogen-based ammonia as marine fuel, in the port of Singapore. The demonstration vessel Fortescue Green...
Environmentalists want Bass Strait rig de-coms halted
ENVIRONMENTAL group Friends of the Earth claims Esso Australia plans to “dump eight toxic oil platforms” off Gippsland and wants state and federal government intervention. FoE...
WA port wraps up crossed lines remediation project
MID West Ports has completed its Berth 5/6 Crossed Lines Remediation Project at the Port of Geraldton. The infrastructure improvement project is expected to help facilitate a...
IATA moves to clean up air cargo’s act
THE International Air Transport Association (IATA) and the Smart Freight Centre (SFC) have partnered to provide consistent and transparent CO2 emissions calculations for air cargo...
Baltic Exchange weekly report
THE BALTIC Dry Index saw slight movement over the past week, increasing 1% to 2374 on Friday 15 March, compared with the previous Friday. The Baltic Dry Index for the week ending...
World Container Index showing downs and ups
DREWRY Supply Chain Advisors’ World Container Index has the bad and the good news this week, depending on your perspective. While the composite index decreased by 4% to US$3,162...
Inland Rail track possession wraps up
CONSTRUCTION accelerated on the Inland Rail project during an 88-hour “track possession” over the weekend. Principal contractor Martinus targeted multiple sites on the...
WSC accelerates cargo safety push
LINER trade peak body the World Shipping Council has appointed an independent provider to supply the digital platform for its Cargo Safety Program. The WSC says that despite...
