Industrial action causes throughput to plummet: DP World
DP WORLD said throughput volumes at its Australian terminals have dropped by around 30 to 40% since the Maritime Union of Australia commenced protected industrial action in early...
MOL introduces MarTrust payment system for seafarers
MITSUI O.S.K. Lines is introducing MarTrust – a payment service that is specialised for ocean shipping – for all seafarers on vessels managed by MOL Group’s ship management...
MOU signed for collaboration on autonomous shipping
Samsung Heavy Industries and classification society DNV have inked a memorandum of understanding at South Korean maritime exhibition Kormarine. The two entities committed to...
Höegh sells one ship, buys another
HÖEGH Autoliners is selling Höegh Bangkok (IMO 931847) for US$63 million. and buying Höegh Jacksonville (IMO 9673379) for US$43.22 million. The company built Höegh Bangkok at the...
Australia-EU trade deal falls through
AUSTRALIAN trade minister Don Farrell has walked away from a trade deal with the European Union after negotiations failed to make progress. Mr Farrell had met with European...
Cargo volumes drop at Port of Tauranga
PORT of Tauranga has reported a drop in cargo volumes for the first quarter of the 2024 financial year. In the three months to 30 September, total trade was down 9% in volume...
Spirit of Tasmania IV named and launched
SPIRIT of Tasmania IV was named and launched at the Rauma Marine Constructions shipyard in Finland on Friday 27 October. The ro-pax ferry is the first of two new Spirit of...
Australian charged over Ports of Auckland drug bust
FOUR men, including an Australian national, were charged after NZ authorities seized 140 kilograms of cocaine at Ports of Auckland on the weekend. The haul was found in the cavity...
Victoria aims for net-zero freight emissions
THE VICTORIAN government, along with industry, will co-design policies, regulations, infrastructure and technology to accelerate the development of sustainable mobility. In a...
World container index at lowest point in three years
THE DREWRY World Container Index dropped by 2% this past week. The composite index decreased by 2% to US$1342. The WCI has dropped by 57% when compared with the same week last...
Experts met on containership fire prevention
THE INTERNATIONAL Maritime Organization’s Formal Safety Assessment Experts Group met this week to review the outcome of a Formal Safety Assessment (FSA) study called Cagosafe,...
New vessel for Sea Swift
NORTHERN Australian shipping company Sea Swift officially launched its new vessel Newcastle Bay in Cairns last week on 17 October. The vessel is to provide freight support for...
Program at WA port aims to diversify pilotage talent pool
A NEW employment program and simulation facility at the port of Port Hedland are aiming to provide more opportunities for women and the younger generation entering pilotage....
Kuehne+Nagel sees volume trend reverse in Sea Logistics
KUEHNE+NAGEL has reported a return to volume growth in its Sea Logistics business unit in the third quarter of 2023. EBIT in Sea Logistics amounted to CHF 875 million (about $1.5...
DSV profit drops in first nine months of 2023
DANISH logistics giant DSV has reported a 15.1% decrease in gross profit and a 30.6% drop in EBIT in the first nine months of 2023. The company said the results were expected,...
