New app to help manage movement of maritime workers
FOLLOWING a successful three-month Beta test with 20 companies taking part, award-winning travel business TapTrip has announced that Vessul – a new service dedicated to, and built...
Sydney man nabbed over huge heroin seizure
AN Australian Federal Police-led operation has resulted in the arrest of a 29-year-old Sydney man on 3 September 2021, charged in connection to Australia’s largest heroin seizure...
Drewry’s World Container Index update
MARITIME research consultancy Drewry’s composite World Container index increased 1.7% or $170 in the past week and remains 344% higher than a year ago. This is the 20th...
A "rapidly disintegrating shipping market"?
THERE is no doubt that the international container shipping market is a mess. It is axiomatic that the ships are at capacity, there aren’t enough containers in the right places...
Capacity crunch elevates air cargo rates in August
RESILIENT international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates up 112% to their pre-COVID level as a local...
It’s the season of the stink bug again
THE 2021-22 brown marmorated stink bug season is upon us once again. This time around the Department of Agriculture, Water and the Environment has stricter measures in place to...
Australia logistics firm achieves financial milestone
ASX-listed logistics and freight company Wiseway Group announced its financial results for the twelve months ending 30 June 2021, recording net profit after tax of $1.8 million....
Hapag-Lloyd orders another 75,000 TEU standard containers
TO further ease the scarcity of empty containers, shipping line Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and delivered to...
CTU Code quick guide now available in six languages
THE Cargo Integrity Group has published its Quick Guide and accompanying Container Packing Checklist, to the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units,...
WiseTech Global reports huge revenue growth
WISETECH Global reported a total revenue of $507.5 million for the 2020-21 financial year – an increase of 18% on the previous year. Revenue from the company’s software platform,...
Drewry’s world container index update
MARITIME research consultancy Drewry’s composite World Container index increased marginally by 2% or $192 to reach $9,613.28 per 40ft container on 19 August. That’s 360% higher...
Blockchain trial shows promising results for reducing transaction costs
THE Australian Border Force, IMDA Singapore and Singapore Customs, confirmed in statement that a trial has concluded using blockchain to issue and verify trade documents digitally...
Change in piracy threats in Indian Ocean prompts re-think
A CONTINUED downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the High Risk Area (HRA) for piracy in the Indian...
Australian logistics company appoints new board member
WISEWAY Group’s board has appointed Brandon Teo as a non-executive director, effective immediately, as part of the company’s global expansion strategy, especially in the Southeast...
Fifth man charged after seizure of drugs
ON 13 August, the Australian Federal Police High Volume Drug Crime Team, together with Victoria Police Joint Taskforce Icarus members arrested and charged a 32-year-old Melbourne...
