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...
Charter Link Logistics opens Australia office
HONG Kong-based LCL consolidation specialist Charter Link Logistics group has opened an Australia office in Melbourne. The company has plans to rapidly expand across Australia....
Geodis charters ships for Shanghai – Hamburg trade
GEODIS has recently announced that it has chartered several 1000-TEU multipurpose ships for a monthly service between Shanghai and Hamburg. The first sailing on the service will...
HyEng Corporation established for Japanese hydrogen research
THREE of Japans’s marine engine manufacturers – Kawasaki Heavy Industries, Yanmar Power Technology Co and Japan Engine Corporation – have announced the joint establishment of the...
Larger vessels, congestion present risk-management challenges
SHIPPING losses and casualties are in decline, but increases in port congestion, the consequences of the crew-change crisis, piracy and cyber security present challenges,...
Net capacity reduction on Transpac and Asia-Europe container routes
THE impact of vessel delays is by far the largest single element causing the severe capacity shortage on the Transpacific and Asia-Europe container routes, driving up freight...
Container shipping industry must brace for higher costs
RESEARCH firm Drewry reports that the container shipping sector is either already facing or about to face higher costs. This comes amidst booming stocks and rising profitability...
