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...
Global schedule reliability improves slightly in March
SHIPPING data analyst Sea-Intelligence has reported an improvement in schedule reliability based on an analysis of 34 different trade lanes. It said global schedule reliability is...
Man sentenced for smuggling 10 million cigarettes in shipping container
A VICTORIAN man has been sentenced to three years in prison for smuggling 10 million cigarettes in a shipping container. The container, declared to have contained office...
VICT announces infrastructure fee hike
VICTORIA International Container Terminal is increasing its infrastructure charge on 1 July. The automated container terminal at the Port of Melbourne’s Webb Dock is upping the...
ONE reports astronomical full-year profits
OCEAN Network Express reported a record profit of US$16.8 billion for the 2021 financial year – this was an increase of US$13.3 billion, or 381%, on the previous year. ONE’s...
China port congestion to remain high: analysts
PORT congestion is rebounding in northern Chinese ports and it is not expected to let up for the next several weeks at least, according to analysis from S&P Global Market...
Independent inquiry launched into NZ port deaths
THE NEW Zealand Transport Accident Investigation Commission (TAIC) is beginning an investigation into the two recent workplace deaths at Lyttelton Port (on 25 April) and Ports of...
Swire Shipping affiliate to acquire Westwood Shipping Lines
SWIRE Shipping has announced its affiliate SSPL US has signed a definite agreement to acquire Westwood Shipping Lines, an independent vessel operator based in the United States....
