Geodis subsidiary partners with wind-powered shipping specialist
SEALOGIS, a subsidiary of logistics company Geodis, has become shipping agent for a new company specialising in the design of sail-powered cargo ships. Geodis signed a partnership...
December decline in Brisbane container throughput
PORT of Brisbane saw a slowdown in container throughput in December, with throughput declining 13% compared with the same month in 2021. Last month the Port of Brisbane handled a...
Singapore container throughput decreases in 2022
CONTAINER throughput at PSA’s Singapore operations in 2022 decreased by 0.7% on the previous year. The port’s operator, PSA International, said its Singapore division handled 37...
Hapag-Lloyd acquires stake in terminal and transport operator
HAPAG-Lloyd has finalised its acquisition of a minority stake in Italy’s Spinelli Group, a terminal and transport operator. The two companies entered into an agreement for...
Aussie freight tech platform coming to Townsville
NORTHERN Stevedoring Services is to implement Inbound from mid-February. The vehicle booking and visibility platform aims to rid the breakbulk and automotive stevedoring, and the...
Rail recovery underway after Botany derailment
A TRAIN derailed at the Australian Rail Track Corporation’s rail yard at Botany on Friday morning (13 January). According to NSW Ports, ARTC advised the incident occurred as two...
ANL expands PAX service
ANL is expanding its PAX service with a direct call to Surabaya, Indonesia. Starting on 22 January, the service will call Singapore, Surabaya, Dili and Darwin on Loop 1, and...
Maersk announces new executive team and organisational structure
MAERSK is changing its organisational structure, starting with the appointment of a new executive leadership team. The changes will come into effect on 1 February 2023. They...
Zim invests in fintech platform
NEW York Stock Exchange-listed shipping line Zim has invested in international trade fintech startup 40Seas. The tech company raised US$111 million to deliver its financing...
PC report fuels more port efficiency discussions
INDUSTRIAL relations, terminal access charges and landside efficiency have emerged as some of the main talking points of the Productivity Commission’s report on Australia’s...
Inflation and recession biggest concerns for 2023
SUPPLY-chain leaders see inflation and recession as the biggest factors for business in the coming year, according to a recent report from online logistics platform Container...
PC maintains views on port inefficiencies in finalised report
THE PRODUCTIVITY Commission on Monday (9 January) released its inquiry report into Australia’s maritime logistics system. The report, Lifting productivity at Australia’s container...
World Container Index increases for the first time in 43 weeks
DREWRY’S composite World Container Index increased by 0.7% to US$2135.16 per 40-foot container this week – the first increase in 43 weeks. While the index increased this week, it...
275 alternative-fuelled ships ordered in 2022
TWO hundred seventy five ships with alternative fuels (excluding battery-operated vessels) were ordered in 2022, according to DNV’s recently published Alternative Fuels Insight...
Top five global container lines control more than 64% of global capacity
AT the turn of the new year MSC is by far the largest ocean carrier by TEU capacity, followed by Maersk, then CMA CGM and COSCO, according to the latest available data from...
