World Container Index – 9 November 2023
THE DREWRY World Container index posted a weekly increase of 7% this past week, hitting US$1504 per 40-foot container. However, the index has dropped by 46% when compared with the...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1643 –an increase of 12% on the previous Friday. Over the past week, the index increased before dipping slightly on Wednesday, but on...
IATA reports uptick in air cargo demand
THE INTERNATIONAL Air Transport Association has reported an increase in air cargo demand in September. IATA said the increase shows that demand is continuing to recover in global...
Incat Tasmania reveals plans for battery-electric expansion
INCAT Tasmania plans to “revolutionise the world shipping industry” by delivering more battery electric ships from its Hobart shipyard. The Australian shipbuilder said it received...
QLD beef exports to China on the rise
THE VALUE of Queensland’s exports to China has risen significantly since China began easing restrictions on Australian trade, according to QLD premier Annastacia Palaszczuk. Ms...
Wallenius Wilhelmsen ship bunkers biofuel in South Korea
WALLENIUS Wilhelmsen bunkered its first biofuel in South Korea as part of a trial of HSFO-Biofuel. At Masan Port, MV Torrens was the first WW vessel to bunker B30 HSFO-Biofuel in...
Government responds to Strategic Fleet Taskforce Report
THE STRATEGIC Fleet Taskforce detailed a path to the establishment of an Australian strategic fleet in its final report, made public on Wednesday (8 November). The government...
Drugs seized from vehicle on Spirit of Tasmania
A QUEENSLAND man has been charged after police seized methylamphetamine and cocaine from a vehicle on the Spirit of Tasmania. Australian Federal Police and Tasmania Police...
Piracy reporting centre launches incident dashboard
THE ReCAAP Information Sharing Centre has launched a dashboard for analysis of piracy and sea robbery incidents. The centre, formed under the the Regional Cooperation Agreement on...
WSC launches whale chart to reduce ship strikes
WORLD Shipping Council has launched the WSC Whale Chart, a navigational aid designed to reduce ship strikes. The whale chart contains coordinates, graphics and measures to help...
WiseTech acquires Mexican customs software provider
ASX-listed logistics software developer WiseTech Global has acquired Sistemas Casa, a Mexican provider of customs and international trade software. Sistemas Casa offers a suite of...
DP World calls for MUA to end its industrial action and to return to the negotiation table
DP WORLD has called on the Maritime Union of Australia to re-engage in “constructive” negotiations and stop its protected industrial action. The MUA commenced protected industrial...
AMSA renews Torres Strait UKC system contract with OMC
THE AUSTRALIAN Maritime Safety Authority has renewed its contract with OMC International to deliver an under-keel clearance management system for the Torres Strait. AMSA said the...
Svitzer to install new simulator at Newcastle base
SVITZER Australia is installing a new simulator at its Port of Newcastle base under a contract with Norwegian technology company Kongsberg Digital. The simulator will support crew...
Qube acquires Stevenson Logistics
QUBE has entered an agreement to acquire Stevenson Logistics, a transport and logistics firm based in Fremantle. In an announcement to Stevenson Logistics customers last week,...
