News
AMSA bans unseaworthy Peace
THE AUSTRALIAN Maritime Safety Authority has banned the bulk carrier Peace over a lack of maintenance and serious deterioration of onboard fixtures. Peace (IMO 9568067) is a...
Strong results forecast for Australia's ag production
PRODUCTION in Australia’s agriculture, fisheries and forestry sectors is on track to be the third highest on record in the upcoming financial year. The Australian Bureau of...
Maersk bullish about 2024 second half
Maersk Line has raised its full-year financial guidance, expecting a robust performance for the second half of 2024. The Copenhagen-based shipping line on Monday (3 June) cited...
Incat celebrates construction milestone for world's largest electric ferry
SHIPBUILDER Incat has celebrated a milestone in the construction of their upcoming ferry Hull 096, with the completion of the rollback and placement of the superstructures. Hull...
Cyan heads to Infinity and beyond
SINGAPORE-based Cyan Renewables, currently undertaking an agreed takeover of Perth’s MMA Offshore, has signed a MOU with US company Ocean Infinity to develop offshore wind...
More rates up, new PSS
BUOYANT current liftings and solid demand projections are encouraging container lines to ramp up southbound rates from North & East Asia, as well as imposing a peak season...
VICT increases infrastructure charge per container
VICTORIA International Container Terminal has announced an increase to their infrastructure charge per full container, effective from 1 July onwards. The infrastructure charge...
Austal wins another USN contract
THE United States Navy has upgraded a detailed design contract with Austal USA to a full-scale construction agreement worth an initial US$516 million ($779 million). The original...
Cook Strait ferry woes continuing
IN YET another manifestation of the difficulties of operating aging vessels in tough conditions the Interisland Line’s Cook Strait rail/ropax Aratere has been forced to modify...
Auriga renews Hedland marine pilot heli contract
AURIGA Group today (31 May) announced the renewal of a major long-term contract with the Pilbara Ports Authority, set to extend well into the 2030s. The contract, for aviation...
Baltic Exchange weekly report
THE BALTIC Dry Index increased to 1815 on Friday 31 May, returning to a similar level seen in the previous week. The Baltic Dry Index for the week ending Friday 31 May 2024....
Melbourne leads nation's airfreight exports in Q1
MELBOURNE airport has declared itself the leading hub for Australia’s airfreight exports, ahead of record export volumes that have surpassed pre-pandemic levels. The first quarter...
Gladstone Ports chair resigns, new director for Port of Tauranga
THE Gladstone Ports Corporation has announced the resignation of chair Anthony Lynham, effective today [31 May]. The GPC board says Dr Lynham “Brought a tenacious work ethic to...
DP World Melbourne suffering ‘extreme congestion’
LANDSIDE logistics operators are experiencing extreme congestion at DP World’s West Swanson Terminal in Melbourne, the Container Transport Alliance Australia reports. DPW has...
Unique vessel on trial in NZ
A PARTNERSHIP between ferry company Fullers360 and sustainable marine technology provider Vessev has developed what’s claimed to be the first fully electric passenger vessel to...
