Global trade hits record $7.7 trillion in Q1 2022
THE VALUE of global trade reached a record $7.7 trillion in the first quarter of 2022 but tightening policies and geopolitical frictions may bring the positive trend to an end,...
Khapra beetle pest risk analysis commences
THE DEPARTMENT of Agriculture, Fisheries and Forestry is launching a pest risk analysis to assess the biosecurity risks of the khapra beetle and to ensure that the measures in...
Going paperless could generate US$1.2 trillion in Commonwealth trade, report finds
A RECENT analysis suggests widespread paperless trade could generate an additional US$1.2 trillion (around $1.8 trillion) in trade by Commonwealth nations in the next four years....
Wilhelmsen subsidiary orders two carbon-neutral containerships
WILHELMSEN’S zero-emissions shipping company Topeka has ordered two carbon neutral, methanol-fuelled 1300-TEU containerships, together with partners MPC Container Ships and MPC...
1-Stop and ContainerCo complete NZ-wide rollout
1-STOP Connections and Kiwi independent container storage and servicing business ContainerCo this week completed their New Zealand-wide rollout. Tauranga Container Park is the...
PIL orders four 8000-TEU dual-fuel containerships
PACIFIC International Lines has awarded a contract today to Yangzijiang Shipbuilding for the construction of four 8000 TEU LNG dual-fuel containerships. PIL said the vessels would...
Global shipping industry and customs authorities join forces to tackle illicit drug trade
REPRESENTATIVES from shipping companies and customs authorities around the world met in Brussels recently to strategise ways to step up the fight against drug trafficking. A...
Celebrating NAIDOC Week 2022
AUSTRALIA’S maritime community is celebrating NAIDOC Week through efforts to foster reconciliation and support for Indigenous communities. Each year, NAIDOC Week celebrates the...
ABF shortens disposal timeframe for unclaimed and abandoned imports
THE AUSTRALIAN Border Force has shortened the holding period for the disposal of imported goods that have not been claimed by importers. The change was introduced on 1 July. It...
Fair Work Commission validates Flinders' dismissal of unvaccinated stevedore
A STEVEDORE stood down by Flinders Adelaide Container Terminal for failing to vaccinate against COVID-19 has been refused permission to appeal the Fair Work Commission’s decision...
New CEO for PIL
LARS Kastrup today (1 July) was named the new CEO of Pacific International Lines Mr Kastrup has been in the role of co-president and executive director since March 2021. He is a...
Schedule reliability in May slightly lower than 2021 levels
THE LATEST data from shipping analyst Sea-Intelligence suggests global schedule reliability is currently between 30% and 40%, following a trend seen in 2021. It said schedule...
Various factors contributing to skyrocketing container road transport costs
A CONFLUENCE of factors is driving up the cost of container road transport in Australia, according to Container Transport Alliance Australia. Increasing costs for fuel and fuel...
GSF study claims global liner market is more concentrated than other studies let on
CURRENT measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate, according to the Container Shipping Market Quarterly Review for...
Ukraine war increasing shipping costs, stifling trade: UNCTAD
THE war in Ukraine is stifling trade and logistics is stifling trade and logistics in the wider Black Sea region, which is increasing global vessel demand and the cost of shipping...
