HMM humming along
IN WHAT IT modestly describes as “a solid financial performance in 2024” South Korea’s HMM has reported an operating margin of 30% for the year. Operating profit increased 501% -...
Mice payout nice for Zespri
A RODENT infestation has had a happy ending for NZ kiwifruit exporter Zespri, though not for the mice. In April 2024 Zespri was forced to delay the start of its European sales...
Cathay Cargo adopts IATA data protocol
CATHAY Cargo has announced it has become the first carrier to adopt the International Air Transport Association’s (IATA) ONE Record data protocol in some of its day-to-day...
Trump tariffs to ‘blitz’ Australian suppliers
US PRESIDENT Donald Trump has announced plans to introduce 25 percent tariffs on all steel and aluminum imports into the US, in a move tipped to put further pressure on Australian...
Aust box trades see 9-month boom
THE JANUARY-SEPTEMBER 2024 period proved lucrative for container lines in Australasian trades, with imports rising 9.9% and exports 9.7%, albeit rates were more of a mixed bag....
Industry to be briefed on major Melbourne changes
MELBOURNE’s container logistics chain will face comprehensive changes later this year when the West Gate Tunnel and upgraded M1 infrastructure comes into use. CTAA, FTA/APSA and...
Maersk boasts third-best FY result
COPENHAGEN’s A.P. Moller - Maersk has reported strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65%...
MSC debuts cool new monitor
MEDITERRANEAN Shipping Company has launched iReefer, a system that allows customers to track and monitor their temperature-controlled shipments in real time, from anywhere in the...
Freight forwarder critical of landside price hikes
BRIAN Hack, managing director of West Australian freight forwarder EES has thrown his weight behind the Australian Competition and Consumer Commission’s latest stevedoring...
Applications open for Patrick WILpower cadetships
PATRICK Terminals has opened applications for its 2025 WILpower cadet program. WILpower, or the Women in Logistics program, was set up in 2015 to provide women with career...
Emissions guidance released for Aussie ports
PORTS Australia has released new emissions guidance to help Australian ports transition to net-zero. The Greenhouse Gas Emissions Inventory Guidance is designed to support ports...
US applies further pressure to Panama over canal
THE HEAT is on in Panama as United States Secretary of State Marco Rubio has arrived in the central American country to discuss ownership of the Panama Canal. The US Department of...
New owners rescue FSG
BREMERHAVEN, GERMANY’s Heinrich Rönner Group is to take over operations at the insolvent Flensburger Schiffbau-Gesellschaft, with construction of Searoad Shipping’s new Bass...
Norway releases ship after cable incident
A NORWEGIAN-FLAGGED ship that was seized and boarded by its flag nation over a subsea cable incident has been released. Cargo ship Silver Dania was detained by Norwegian police...
Second major Perth road project to ease freight routes
A SECOND major roadworks project, claimed to improve freight movements in Perth’s southern suburbs has been contracted by state and federal governments. The $1 billion contract to...
