Incat Tasmania builds "world's largest" battery electric ship
INCAT Tasmania is building what it claims is the world’s largest lightweight battery electric ship. The Australian shipbuilder is constructing the 130-metre-long ro-pax vessel for...
World Container Index decreases
THE DREWRY World Container Index decreased by 3.5% to $1768.33 per 40-foot this past week week. It has dropped by 70.5% when compared with the same week last year. The latest...
The season of the stink (bug)
BROWN marmorated stink bug season is once again upon us for 2023-24. On 1 September seasonal measures aimed at mitigating the biosecurity risks of the BMSB will come into force....
Qube posts "strong" set of results for FY23
QUBE has reported an increase in earnings and revenue for the 2023 financial year, driven largely by high volumes in its logistics business. The company reported a full-year...
Empty container park trial highlights benefits of automation
A REPORT from the Department of Transport and Container Transport Alliance Australia found higher automation at empty container parks could boost truck turnaround times by 32%....
MOL and Aussie institutes partner on CO2 shipping project
MITSUI O.S.K. Lines is one of three Japanese companies to have partnered with Australian research institutes to study the bulk transport of carbon dioxide by ship. MOL, Low...
WiseTech posts big revenue growth in FY23
WISETECH Global saw increases in revenue and profit in the 2022-23 financial year. The company’s total revenue for the 12 months ended 30 June was $816.8 million, up 29% on...
Pilots call off strike in Brisbane
PILOTS at the port of Brisbane have withdrawn plans for industrial action on Thursday. They had intended to stop work for 24 hours in a dispute against employer Poseidon Sea...
Hope for container-market rebound: Container xChange
SUPPLY-chain leaders are hopeful of a container-market rebound, according to the latest Market Forecaster report from online logistics platform Container xChange. A majority of...
Silk Logistics posts revenue growth for FY23
SILK Logistics has reported a 24% increase in revenue for the 2023 financial year, to $488.6 million. The ASX-listed logistics company said its full-year revenue growth was...
Medlog to acquire Botany-based transport operator
MEDLOG has announced plans to acquire Port Botany-based transport operator Trojan Transport. Medlog, a logistics and supply chain operator, said the acquisition would complement...
Svitzer designing methanol-powered tug
DENMARK-based towage provider Svitzer has launched the second phase of its project to design what it says will be the world’s first methanol hybrid fuel cell tug. Svitzer said it...
Orient Overseas International revenue falls from great heights
ORIENT Overseas International has reported a decrease in revenue and profit in its interim results for the first half of 2023. The parent company of ocean carrier OOCL posted a...
Ship burns biofuel on Newcastle voyage
In late July, Nippon Yusen Kabushiki Kaisha, Asahi Shipping Company (part of NYK group) and Kobe Steel bunkered the bulker Sunrise Serenity with biofuel. The fuel was bunkered via...
VICT receives ASCs
VICTORIA International Container Terminal has received a delivery of six automated stacking cranes. VICT purchased the equipment as part of an ongoing expansion projects. The new...
