ONE revenue plunges in Q3
OCEAN Network Express has reported a 46% decrease in revenue for the third quarter of 2023. The carrier’s third-quarter EBITDA dropped 94% compared with the same reporting period...
Qube goes off-grid in Bunbury
QUBE is taking its Picton facilities in Bunbury entirely off grid. The ASX-listed logistics company on Tuesday (30 January) announced a “significant investment” in solar energy....
Wine exports ail: sipping is slipping
ONE of the mainstays of Australian containerised exports saw volumes fall overall in 2023, with some key markets sliding further than others. According to Wine Australia’s annual...
NW Shelf fail hits pipeline project
ITALIAN offshore installation specialist Saipem has confirmed an incident on the North West Shelf on Tuesday morning in which Woodside Energy’s new Scarborough pipeline was holed....
Track ills caused coal train calamity
THE ATSB’S investigation into a 2021 coal train derailment in Central Queensland has found the likely cause was procedures during and after track disturbance maintenance works. A...
Hapag-Lloyd posts "significant" earnings decrease
HAPAG-LLOYD has reported a “significant” decrease in earnings in the 2023 financial year. Transport volumes increased a marginal 0.8% to 11.9 million TEU in 2023 while the average...
Seafarers' happiness drops again in Q4
THE DECLINE in seafarers’ happiness continued its downward trend in the fourth quarter of 2023. The Seafarers Happiness Index, a survey and quarterly report by Mission to...
First of Höegh's Aurora class launched
THE FIRST of a class of PCTCs claimed as the largest, most environmentally-friendly deep sea vessel of the type ever built has hit the water in China. Höegh Aurora, the name ship...
Maersk names first large methanol ship
MAERSK welcomed its first large methanol-enabled container vessel Ane Mærsk with a ceremony at the HD Hyundai Heavy Industries shipyard in South Korea. Ane Mærsk is the first of...
Final report on Ports and Maritime Act and PBLIS released
THE NSW government has released its final report on the Ports and Maritime Administration Act 1995 and Port Botany Landside Improvement Strategy. The state government announced a...
ONE cleans up with ammonia nod
JAPAN'S Ocean Network Express has moved closer to placing orders for ammonia dual-fuel containerships after achieving approval-in-principle for a 3500 TEU prototype. The new...
UNCTAD frets over sea route ructions
ESCALATING disruptions to global trade are causing the UN’s trade and development body, UNCTAD, “profound concerns”. UNCTAD’s head of trade logistics, Jan Hoffmann, says that...
NSW commits to freight reform
AN EXPERT three-person advisory panel will advise the NSW government on the development of a new freight strategy for the state. Minister for transport Jo Haylen has announced...
Methbusters put heat on smugglers
ACT Policing and the Australian Border Force have intercepted 106 kilograms of methamphetamine hidden in a shipment of car radiators in what is said to be the ACT’s largest meth...
Maersk adds fourth Tasman ship
MAERSK Line will this week add a fourth vessel to its trans-Tasman Polaris service, in conjunction with changes to its OC1 East Coast North America product. The 2824 TEU Archer,...
