Aurizon ready for assault on batteries
AURIZON has secured a $9.4 million grant from the Australian Renewable Energy Agency to develop the next generation of Australian freight trains, aiming to replace diesel fuel...
Offshore player headed for IPO
ONE of Australia’s leading off- and inshore vessel operators and maritime service providers is exploring a stockmarket listing. Perth-headquartered Bhagwan Marine conducted a...
Baltic Exchange weekly report
THE BALTIC Dry Index dipped to 2176 this past week before returning to its upward trajectory. On Friday 8 March the index was 2345. The Baltic Dry Index for the week ending Friday...
Patrick electrifies Fremantle truck fleet
PATRICK Terminals is introducing nine electric terminal trucks and charging infrastructure into its Fremantle operations. The project is backed by $2.5 million in funding from...
Tasmanian wrecks put on notice
TASMANIA'S Liberal Government will legislate to deal with “the increasing problem” of derelict and abandoned vessels in the state’s waters, if returned at the forthcoming...
Maersk reworks OC1, Polaris again
FOLLOWING the settlement of the long-running DP World/MUA dispute Maersk Line is returning two services to previous formats. On 26 March the Port Botany call of the ANZ-East Coast...
Tenders called for Hedland expansion
PILBARA Ports Authority has called for expressions of interest for the infrastructure components of its Lumsden Point expansion at Port Hedland. The EOIs sought cover the design...
ANL reinforces brand in the north
ANL Container Line is taking the opportunity of a vessel replacement in its PAX service to enhance its brand recognition in northern Australia trades. In mid-March the 618 TEU...
Container rates plateau post Chinese New Year
CONTAINER prices have plateaued following Chinese New Year but remain elevated while attacks continue in the Red Sea, according to the latest data from Container xChange. The...
Air cargo demand outpaces trade in January
THE INTERNATIONAL Air Transport Association has reported the highest annual growth in air cargo demand since mid-2021. Global air cargo demand, measured in cargo tonne-kilometres,...
Govt and industry talk level-crossing safety at national roundtable
A NATIONAL roundtable has identified “priority actions” to improve level-crossing safety across Australia, the federal government said. The level-crossing safety roundtable on 6...
Equipment order locked in for Somerton intermodal
CARGO handling specialist Kalmar has agreed to supply Australia’s Intermodal Terminal Company with equipment for the new Somerton Intermodal Terminal. Kalmar is to provide six...
ABARES forecasts ag sector rebound
THE AUSTRALIAN Bureau of Agricultural and Resource Economics and Sciences expects the value of the nation’s agriculture sector to rebound in 2024-25. The latest Agricultural...
Aussie-designed ferry deployed in Hong Kong
A NEW passenger ferry designed by Incat Crowther has entered service in Hong Kong. Xin Ming Xhu VIII was designed by the Australian marine engineering company and built by...
MOL acquires Fairfield Chemical Carriers
MOL Chemical Tankers has acquired Fairfield Chemical Carriers (FCC) and its fleet of stainless-steel tankers. The acquisition, valued at around US$400 million (about $615...
