Global air cargo demand improves in July
GLOBAL air cargo demand in July this year dropped slightly compared with the same month in 2022, but it has improved in recent months, the International Air Transport Association...
Chevron LNG workers escalate strike action
UNIONS representing workers at Chevron’s Wheatstone and Gorgon facilities have escalated industrial action with plans for an additional two weeks of work stoppages. The Chevron...
Fugitive arrested over maritime drug-smuggling plot
AUTHORITIES have arrested a man who disappeared five years ago while he was on trial over a plot to import 186 kilograms of cocaine into Australia by sea. The Victorian man is...
GeelongPort strengthens urea import processes
GEELONGPORT said its role in the urea supply chain is helping Australian farmers fertilise this year’s wheat and canola crops. GeelongPort facilitated the import of around 1.7...
LATAM re-opens Melbourne route
THE FIRST direct flight between Santiago, Chile and Melbourne since the pandemic landed at Melbourne Airport on Saturday. Minister for Tourism, Sport and Major Events Steve...
WA missions to promote trade and green energy
THE WESTERN Australian premier has embarked on a trade mission to Indonesia while the state’s training minister gears up for a green energy mission to the UK. Premier Roger Cook...
Merchant Navy Day 2023
SUNDAY 3 September marked Merchant Navy Day – a day commemorating the seafarers who served on merchant ships in times of war. Merchant Navy Day is held each year on the...
TasPorts pilotage receives ISPO certification
TASPORTS has announced it is now certified under the International Standard for Maritime Pilot Organizations (ISPO). ISPO is a standard of best practice for pilot organisations....
Ammonia-powered gas carriers commercially viable from 2026: GMF
OPERATING ammonia-powered gas carriers could be commercially viable from 2026, according to the Global Maritime Forum An analysis from GMF found that the cost gap between running...
Guidelines for safely transporting EVs by sea published
CLASSIFICATION Society ClassNK and the International Union of Marine Insurance have released sets of guidelines to help increase the safety of maritime transportation of electric...
Wiseway sees turnaround in second half of FY23
ASX-listed freight and logistics operator Wiseway saw a turnaround in profits in the second half of the 2022-23 financial year. The company reported a net loss of $3.7 million in...
World Container Index posts another weekly decrease
THE DREWRY World Container Index decreased by 1.6% to US$1739.59 per 40-foot container this past week. The WCI has dropped by 69.3% when compared with the same week last year. The...
Intermodal Terminal Company appoints inaugural chair
INTERMODAL Terminal Company has appointed John Fullerton, the former CEO and managing director of the Australian Rail Track Corporation, as its first chair. ITC, established in...
Xeneta Shipping Index shows rates continuing to slide
LONG-term ocean freight rates slid in August, marking the 12th consecutive month of declines for carriers. According to the latest real-time data from the Xeneta Shipping Index...
Baltic Exchange weekly report
THE BALTIC Dry Index declined slightly last week to 1065. This was a decline of 1.4% on the previous Friday’s index of 1080. Capesize The Capesize market observed a shortened...
