Containers continue meteoric rise
RESEARCH firm Drewry’s composite World Container index increased marginally by 0.5% or $50 to reach $9,421.48 per 40-foot container this week. That’s 358% higher than the same...
Hapag-Lloyd achieves good result in first half of 2021
SHIPPING LINE Hapag-Lloyd has published its financial and performance results for the first half year of 2021, confirming what it had forecast last week. That is, EBITDA of US$4.2...
The issue of vessels delays goes beyond just transport costs
RECENT vessel-tracking data from project44 reveals substantial year-over-year increases in vessel and shipment delay times across most major trade lanes connecting China to the...
Australian company’s acquisition strengthens e-commerce offering
TRANSPORT and logistics company cargo-partner has acquired fellow logistics company Associated Customs & Forwarding (ACF). Operating from a Melbourne base, cargo-partner provides...
Pondus set to start operations in Melbourne in October
PATRICK Terminals has advised customers that a new weighing system, Pondus, will be available at its Melbourne terminal operations from 4 October 2021. Mis-declared containers...
Government supports grains and avos on global stage
A NEW Grain Sustainability Certification Scheme will open new trade opportunities for Australia’s grain industry, made possible through a $97,500 grant from the Australian...
Wiseway acquires Singapore-based air freight company
ASX-listed company Wiseway Group Limited announced that its wholly owned subsidiary Wiseway Logistics in Singapore has entered into an agreement to acquire 100% of TAF E-Logistics...
Maritime industry supports East Timorese community
THE maritime industry in Western Australia has provided much needed humanitarian support to the East Timorese community. The initiative started when Fremantle Ports was approached...
Charter Link Logistics opens Australia office
HONG Kong-based LCL consolidation specialist Charter Link Logistics group has opened an Australia office in Melbourne. The company has plans to rapidly expand across Australia....
Geodis charters ships for Shanghai – Hamburg trade
GEODIS has recently announced that it has chartered several 1000-TEU multipurpose ships for a monthly service between Shanghai and Hamburg. The first sailing on the service will...
ASX-listed logistics company appoints new board member
WISEWAY Group has appointed Robert McNutt as a non-executive director in what the company said is part of its expansion strategy, particularly in the US market. ASX-listed...
Container shipping industry must brace for higher costs
RESEARCH firm Drewry reports that the container shipping sector is either already facing or about to face higher costs. This comes amidst booming stocks and rising profitability...
WA takes tough stance on COVID onboard ships
THE Western Australian government has updated the protocols for vessels arriving at its ports, effective immediately, with tougher requirements for crew testing and vaccination...
GEODIS consolidates NZ operations with new purpose-built facility
LOGISTICS providers GEODIS has announced a strategic move to a new facility at Auckland Airport, following strong and sustained growth in the New Zealand market. The...
Industry body reiterates call for new federal regulator for shipping
THE Freight and Trade Alliance has reiterated its call for the federal government to establish a new regulator, “along the lines of the US Federal Maritime Commission”. In formal...
