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...
Radioactive material seized after air-cargo detection
RADIOACTIVE isotypes were found at a property in Sydney after Australian Border Force officers detected “a range of illicit substances” being imported through air cargo, the ABF...
Port Authority of NSW hosts operations forum
THE PORT Authority of New South Wales on Thursday (17 August) hosted an all-day forum for stakeholders in port operations in Sydney Harbour and Port Botany. The Safe and Efficient...
NQBP welcomes new CEO
NORTH Queensland Bulk Ports Corporation (NQBP) has announced the appointment of Brendan Webb as its new Chief Executive Officer. Brendan Webb, incoming CEO of NQBP and outgoing...
NYK to develop Japan's first ammonia bunkering boom
NYK Line has agreed to take part in developing Japan’s first bunkering boom for ammonia. Under a basic agreement signed 16 August, NYK will work with TB Global Technologies, a...
Baltic Exchange weekly report
THE BALTIC Dry Index jumped more than 100 points on Thursday to 1247. This was the highest the index has been since 24 May when it was 1295. The BDI this past week declined...
World Container Index posts another week of modest gains
THE LATEST Drewry World Container Index increased by 2.3% to US$1832.48 per 40-foot container this past week. However, the WCI has dropped by 70.6% when compared with the same...
RightShip and NYK link platforms for port state control processes
RIGHTSHIP and NYK Line have linked their digital platforms with an aim to streamline port state control processes. The two companies worked with technology firm Solverminds...
Zim sees grim second quarter
CONTAINER shipping line Zim’s financial results for the second quarter of 2023 show a slight increase in volumes, but revenues and profits falling off a cliff. The company’s net...
National Freight and Supply Chain Strategy review launched
THE FEDERAL government has commenced a review of the National Freight and Supply Chain Strategy. The strategy was published in 2019 as a 20-year agenda for improving the safety,...
Höegh Autoliners to digitalise entire fleet
HÖEGH Autoliners has formalised an agreement to digitalise its entire fleet, including its new Aurora class vessels. Höegh’s agreement with Kongsberg Digital covers the remaining...
DP World aims to increase global capacity
DP WORLD aims to add about 3 million TEU of new container-handling capacity to its international operations by the end of this year. The Dubai-based container terminal operator...
WW signs up to build four dual-fuel PCTCs
THE FIRST of four new 9350-CEU (car-equivalent unit) vessels are expected to be delivered to Wallenius Wilhelmsen in the second half of 2026. The ro-ro specialist signed a letter...
