News
OPINION: Terminal access charges debate ramps up
PATRICK Terminals released a media statement on Monday 19 August 2024 referencing an analysis by Synergies Economic Consulting, titled Synergies Analysis Confirms Container...
World Container Index - 1 August 2024
DREWRY’S World Container Index has decreased again by 1% this week to US$5736 per 40-foot container. It marks the second week in a row the container index has seen a decrease,...
IN DETAIL: Precious Cargo
TO BE clear from the outset, this is no ordinary race car. Porsche joined forces with DB Schenker for the vital logistics component of the GT4 e-Performance prototype demo tour....
OPINION: The Pondus weighing system in Australia
THE DEPLOYMENT of the Pondus weighing system in recent years by major Australian port operators represented a pivotal development in the realm of maritime safety and compliance....
Swire Projects unveils new WA service
SWIRE Projects has introduced a service connecting Western Australia with ports in Asia. The Western Australia Express (WAX) service is a monthly semi liner shipping service which...
Red Sea crisis causes second-largest capacity drop: Sea-Intelligence
SHIPPING data analyst Sea-Intelligence has reported a major capacity drop as the Red Sea situation escalates. Data suggests the decline in capacity is the second largest since...
World Container Index continues to skyrocket
THE DREWRY World Container Index increased by 23% to US$3777 per 40-foot container this past week. The composite index has increased by 82% when compared with the same week last...
Hapag-Lloyd and Maersk join forces on long-term collaboration
HAPAG-LLOYD and Maersk have joined forces on a long-term collaboration starting in February 2025. The so-called Gemini Cooperation partnership would comprise a fleet pool of...
Red Sea situation impacting ag sector logistics
TRADE logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to...
ONE orders 12 methanol-fuelled ships
OCEAN Network Express has signed contracts for the construction of 12 new methanol dual-fuel containerships. The contracts are with Jiangnan Shipyard and Yangzijiang Shipbuilding,...
Singapore-based PSA sees record container throughput for 2023
SINGAPORE-based container terminal operator PSA International saw a record-breaking year in 2023. The company’s terminals handled a total of 94.8 million TEU across its port...
Albo urges DPW and MUA to “sort this out”
PRIME Minister Anthony Albanese called on DP World and the Maritime Union of Australia to negotiate an end to the ongoing protected industrial action on the wharves. In an...
ICTSI commits to 2050 net-zero for scope 1 and 2 emissions
INTERNATIONAL Container Terminal Services has committed to achieving net-zero greenhouse gas emissions for its scope 1 and 2 emissions by 2050. ICTSI is the owner of the Victoria...
Record year for container throughput in Singapore
ANNUAL vessel arrival tonnage at the Port of Singapore exceeded three billion gross tonnes in 2023, setting a record for the port. Singapore’s acting minister for transport Chee...
MUA cancels some DPW PIA
THE MARITIME Union of Australia has backed down on some of its protected industrial action at DP World. The union has withdrawn some partial work bans and work stoppages through...
