Melbourne container trade down in September
TOTAL container throughput at Port of Melbourne came to 267, 392 TEU in September 2023, a 6.9% decrease since the same month last year. Full container import volumes (excluding...
Report calls for rapid action on 5% zero-emission fuel target
THE SHIPPING industry’s window of opportunity to meet its 5% zero-emission fuel target by 2030 is closing soon, according to a new report. The report from UMAS, the Getting to...
Maritime cyberattacks are becoming more costly
EACH cyberattack in the maritime industry costs the target organisation an average of US$550,000, (up from US$182,000 in 2022), according new research published by law firm HFW...
Paper analyses IMO’s possible path to net-zero
CLASSIFICATION society ClassNK in a recently published white paper has outlined steps the international shipping industry needs to take in order to meet the International Maritime...
More ships visit Tasmanian ports in 2022-23
TASPORTS saw a busy year in 2022-23, with increased vessel visits, which pushed its annual profits above forecasts. According to a statement from the state government TasPorts has...
Sovereign maritime capability is key to supply chain resilience: MIAL
WESTERN Australia’s Shipping and Supply Chain Taskforce recently released a report, which argues that the state’s supply chains are vulnerable to natural disasters and rules...
ICS launches revised Tanker Safety Guide
THE INTERNATIONAL Chamber of Shipping has released the fourth edition of its Tanker Safety Guide (Liquefied Gas) publication. ICS said the publication as definitive industry...
Voluntary code of practice announced for ports
VICTORIAN ports and freight minister Melissa Horne has announced a voluntary code of practice that aims to manage periods of disruption to the container supply chain. Ms Horne...
Incat Crowther-designed ferry launched in Caribbean
A FERRY designed by Sydney-based marine engineering company Incat Crowther is now operating in the Caribbean. Incat Crowther designed the new 41-metre catamaran for Island Ferries...
DP World raises US$1.5 billion for sustainability ambitions
DP WORLD has raised US$1.5 billion through a green sukuk to support its decarbonisation efforts. A sukuk is a financial certificate that is essentially a bond that is compliant...
Report names Australia most favourable country for hydrogen production
AN INDEPENDENT study in Europe has identified Australia as one of the two most favourable countries for green hydrogen production. Australia and Brazil were highlighted for their...
Biosecurity funding model raises $97 million from importers in three months
THE SUSTAINABLE Biosecurity Funding model announced in May this year has collected an additional $11.3 million in fees and charges from importers in three months. Federal minister...
World's first LNG-fuelled Panamax bulker begins operation
THE WORLD’s first LNG-fuelled Panamax coal carrier has commenced operation and, according to AIS data, is now on its way to Newcastle. The 235-metre LOA, 59,233 DWT vessel Shoyo...
WA taskforce calls for broad coastal shipping reforms
WESTERN Australia’s Shipping and Supply Chain Taskforce has recommended policy and regulatory reforms to support Australian-owned shipping lines competing in domestic sea-freight...
World Container Index lowest for three years
THE DREWRY World Container Index has decreased by 1.5% to US$1369.06 this past week. The composite index and has dropped by 60.7% when compared with the same week last year. The...
