News
Insights from ICS’ leadership forum
A RECENT online forum held by the International Chamber of Shipping has concluded that shipping has taken important steps on its decarbonisation journey in recent years but...
Goliath sinks tugs, damages wharf
CEMENT carrier Goliath allided with two TasPorts tugs – Campbell Cove and York Cove – at the Port of Devonport on Friday (28 January) at about midday. The tugs, which were berthed...
Global schedule reliability falls to a record low in December 2021
SCHEDULE reliability reached a record low in December 2021, according to a recent analysis from Sea-Intelligence. The latest Global Liner Performance Report suggests schedule...
Strengthening Australia’s ag partnership with Indonesia
AN Agriculture Co-operation Memorandum of Understanding (MoU) was signed in Jakarta on 27 January by Australian agriculture minister David Littleproud and his Indonesian...
The week in bulk: Has the Capesize market hit bottom?
THE Baltic Dry Index last week continued the downward trend seen over the previous three weeks. The index hit a nadir on Wednesday at 1296 and ticked up slightly on Thursday to...
Wellard results reflect low cattle numbers in northern Australia
THE results of the quarter ending 31 December 2021, show cash flow of negative US$1.5 million from operating activities in the reporting period for livestock shipping company...
Stolt-Nielsen CEO announces resignation
NIELS G. Stolt-Nielsen has informed the Stolt-Nielsen board of his intention to step down as CEO of the company that bears his name. He is to continue on as CEO and director on...
More congestion, more delays in December
THE latest data from cloud-based platform project44 shows that carriers, throughout December 2021, increased blank sailings and other schedule adjustments resulting in more empty...
Marseille’s first ship-to-containership LNG bunkering operation
SHIPPING line CMA CGM and TotalEnergies have launched Marseilles’ inaugural ship-to-containership liquefied natural gas (LNG) bunkering operation in the Port of Marseille Fos,...
New Kuehne + Nagel sea freight disruption indicator
LOGISTICS company Kuehne+Nagel is launching the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks. The indicator shows the...
Zero-emission shipping viable through a mix of policy measures: report
A NEW report titled Closing the Gap suggests a combination of policy measures can help close the competitiveness gap between fossil fuels and zero-emission alternatives in...
Mid West deploys 3D port modelling
MID WEST Ports Authority has recently been undertaking 3D modelling of the port and port lands with a fixed wing drone, primarily to better understand how wind moves across and...
Port of Newcastle sets trade-volume records in 2021
PORT of Newcastle’s import/export volumes increased overall in 2021 over the previous year, according to the most recent statistics from the port corporation. Port of Newcastle...
Why the “great supply chain disruption” will continue in 2022
THE highly synchronised global supply chain system developed over the past 30 years is under strain like never before and resolving the disruption will be less a “sprint” and more...
The week in bulk: dwindling rates, rising bunker prices
THE Baltic Dry Index last week continued its precipitous decline, hitting its lowest point in more than a year. On Friday (21 January) the index was 1415, a decrease of 20% on the...
