News
‘Inhumane’ port restrictions highlight flaws in implementation of maritime law
A RECENT study on the protection of human rights in the maritime environment has highlighted the harmful impacts of turning ships away from ports and preventing crews from...
Hapag-Lloyd achieves good result in first half of 2021
SHIPPING LINE Hapag-Lloyd has published its financial and performance results for the first half year of 2021, confirming what it had forecast last week. That is, EBITDA of US$4.2...
Wärtsilä to supply engines for new Spirits of Tasmania
FINNISH manufacturer Wärtsilä is to supply the engines and fuel gas supply systems for TT-Line’s new Spirit of Tasmania vessels. Rauma Marine Constructions is building the two...
Analysis suggests carriers blank some trans-Pacific routes more than others
TRANS-PACIFIC services operated by major shipping alliances are being disrupted by blank sailings due to factors such as port congestion and the need to balance supply and demand,...
Qatar Airways Cargo and WiseTech Global implement direct data connection
QATAR Airways Cargo and Australian logistics software developer WiseTech Global have begun a direct data connection between their global operating systems. According to the...
The issue of vessels delays goes beyond just transport costs
RECENT vessel-tracking data from project44 reveals substantial year-over-year increases in vessel and shipment delay times across most major trade lanes connecting China to the...
Congestion causes more port omissions in Australia and NZ
BOTH Hapag-Lloyd and ANL have announced port omissions and rotation changes due to congestion in ports around the Pacific basin. Hapag-Lloyd has announced changes to its service...
Damen transhipment crane barge ordered for Cape York operations
DAMEN Shipyards is to deliver a new transhipment crane barge to Transhipment Services Australia for operations at Cape York in far-north Queensland. The Netherlands-based...
Australian company’s acquisition strengthens e-commerce offering
TRANSPORT and logistics company cargo-partner has acquired fellow logistics company Associated Customs & Forwarding (ACF). Operating from a Melbourne base, cargo-partner provides...
Maersk reports record earnings
A.P. Moller - Maersk, in its Q2 financial report for 2021, reported big increases in revenues and profits, while separately announcing the acquisition of two logistics operations...
Aurizon reports improved revenue and earnings
RAIL operator Aurizon has released its annual report for the year ended 30 June 2021. It shows EBIT improved by $46.5 million (10%) to $505.3 million in FY2021, with increased...
Government supports grains and avos on global stage
A NEW Grain Sustainability Certification Scheme will open new trade opportunities for Australia’s grain industry, made possible through a $97,500 grant from the Australian...
Maersk makes acquisitions of two logistics companies
A.P. Moller - Maersk late last week also announced the acquisition of two logistics companies for a combined total of nearly US$1 billion. The first company, Visible Supply Chain...
Wiseway acquires Singapore-based air freight company
ASX-listed company Wiseway Group Limited announced that its wholly owned subsidiary Wiseway Logistics in Singapore has entered into an agreement to acquire 100% of TAF E-Logistics...
Maritime industry supports East Timorese community
THE maritime industry in Western Australia has provided much needed humanitarian support to the East Timorese community. The initiative started when Fremantle Ports was approached...
