Swire Shipping joins World Shipping Council
SINGAPORE-based carrier Swire Shipping has joined the World Shipping Council and the company’s CEO, Jeremy Sutton, was elected as a representative to the council’s board. WSC...
Westport project advances with multimillion-dollar investment
FURTHER funding has been committed to the Fremantle’s Westport project, which includes the establishment of a new outer harbour and container port built in Kwinana. Under a...
Hapag-Lloyd reports huge Q1 profits
HAPAG-Lloyd reported substantial profits for the first quarter of 2022. The company’s first quarter EBITDA was US$5.3 billion (€4.7 billion). Its EBIT rose to US$4.8 billion (€4.3...
CMA CGM to collaborate on carbon-reducing digital systems
The CMA CGM Group and PSA Corporation – a subsidiary of PSA International – signed a memorandum of understanding to jointly create and implement sustainable systems relating to...
Coalition’s plans to increase “sovereign maritime capability”
“AUSTRALIA has a maritime vulnerability,” Deputy Prime Minister Barnaby Joyce said in announcing the Coalition’s plans to increase Australia’s “sovereign maritime capability” if...
Decreases in Freo container throughput in March
CONTAINER throughput at the Port of Fremantle declined slightly in March from a high in February, according to the latest trade statistics from Fremantle Ports. March saw a total...
Shipping tech companies partner on unmanned container feeder project
SHIPPING technology company Massterly, partially owned by Wilhelmsen, has announced its involvement in a plan to replace traditional feeder vessels in Norway with autonomous,...
New RTGs arrive at Sydney
FIVE new rubber-tyred gantry cranes arrived onboard MV Chipol Taihu at the DP World Australia Sydney terminal on Friday. The Kalmar RTGs were discharged on arrival and arrived...
World Container Index decreased very slightly last week
DREWRY’S composite World Container Index decreased by 0.5% to US$7727.84 per 40-foot container this past week. While the index decreased this week, it remains 41.2% higher than a...
Melbourne sees March decline in container throughput
PORT of Melbourne reported a decline in total container throughput in March – driven by declines in both import and export containers, and a big decline in empty container...
Men charged following failed attempt to smuggle cocaine on containerships
THE AUSTRALIAN Federal Police has charged two Sydney men over a conspiracy to smuggle cocaine into Australia via containerships. The men, aged 43 and 47, had allegedly planned to...
Industry unpacks transition challenges at Maritime Decarbonisation Summit
THE AUSTRALIAN maritime industry gathered recently at the inaugural Maritime Decarbonisation Summit series in Melbourne to unpack the challenges and opportunities it faces in its...
King Island shipping service changes are successful: TasPorts
THE Bass Island Line vessel John Duigan has doubled the average number of containers carried per voyage since a new model of service was introduced, according to the vessel’s...
Maersk reports colossal profits for Q1 2022
“THE BEST earnings quarter ever” is how A.P. Moller - Maersk CEO Søren Skou described his company’s first-quarter 2022 financial results. The company reported record results for...
Vic budget to fund container rail mode share scheme and more
THE VICTORIAN state government’s budget for 2022-23 includes $3.5 million for the Mode Shift Incentive Scheme, which, the government says, will remove the equivalent of 28,000...
