MUA announces more industrial action at DP World
THE MARITIME Union of Australia has announced yet more protected industrial action at DP World terminals in Brisbane, Sydney, Melbourne and Fremantle. The union commenced...
Maersk to cut 10,000 jobs from global workforce
MAERSK intends to reduce its global workforce by about 10,000 positions to deal with challenging market conditions and a “worsening” price outlook in its Ocean segment. Maersk was...
Berth replacement project wraps up at Hay Point
A SHIPLOADER and berth replacement project has concluded at BHP’s Hay Point Coal Terminal. The project – known as SABR – involved replacement works that required 15,000 tonnes of...
Inland Rail completes first Victorian project
INLAND RAIL has completed the first of 12 projects in Victoria. The first project involved lowering the track under a bridge in Barnawartha North, on the Victorian border near...
MtS flags "deeply concerning" trend in seafarer happiness
THE WELLBEING and satisfaction of crewmembers appears to have dropped again according to the Seafarers Happiness Index, marking the longest sustained decline since the index was...
Swissport launches air cargo operations in Australia
AVIATION services company Swissport launched its first air cargo operations in Australia this week, commencing at Sydney Airport on 1 November. Swissport’s Australian operations...
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week at 1462. This was a decrease of 6.5% on the previous Friday’s index of 1563. The BDI began last week at 1502, but it started declining,...
Big grain shipment exported from GeelongPort
A 52,000 thousand tonne export sale of durum wheat exported through GeelongPort is on its way to Algeria, while global supply of the commodity is tight. The bulk carrier...
Q3 earnings increase at Wallenius Wilhelmsen
WALLENIUS Wilhelmsen has reported total EBITDA of US$478 million for the third quarter of 2023, a 9% increase on the same period last year. The company attributed the growth in...
VICT to hike landside charges
VICTORIA International Container Terminal is increasing many of its landside fees from 1 January. The Melbourne terminal operator is increasing nearly all of its fees, according...
ICS publishes guide to maritime law for seafarers
THE INTERNATIONAL Chamber of Shipping has launched its first edition of The Master’s Practical Guide to Maritime Law as a legal reference book specifically to aid seafarers with...
Maersk marks 30 years in Australia with seven new facilities
MAERSK has announced the opening of seven new facilities across the country as it marks its 30 years in Australia. Six of the seven new facilities will be omnichannel fulfilment...
ONE profits fall 97% in Q2
OCEAN Network Express has reported a 97% decrease in net profit after tax for the second quarter of the 2023 financial year. ONE’s second-quarter NPAT came to US$187 million,...
QLD port awards $1.5m contract to enable channel widening
PORT of Townsville has awarded a $1.5-million contract for work that would enable widening of the inshore end of the port’s shipping channels. The port engaged local contractor...
NZ port's underlying NPAT up 48% in FY 2023
CENTREPORT Wellington has reported an underlying net profit after tax of NZ11.9 million for the year ended 30 June 3023, up 48% from NZ$8 million the prior year. The North Island...
