World Container Index decreases again
THE WORLD Container Index, published by Drewry, decreased by 1% this past week, and has fallen by 80% when compared with the same week last year. The composite index for this week...
BIMCO targets eBLs in bulk
THE BALTIC and International Maritime Council has launched a commitment by bulk shippers to increase the use of electronic bills of lading. The “25 by 25 pledge” commits some of...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended the week on 1535, up 8% from 1424 posted on the previous Friday. The BDI this week saw a turnaround from its sharp incline over the past month. Baltic...
NT hydrogen export project progresses
ASX-listed energy company Provaris is anticipating the completion of several Tiwi H2 milestones in the coming months. The vision behind the Tiwi H2 project is to export green...
ONE orders 10 big containerships
OCEAN Network Express has ordered 10 new 13,700-TEU containerships. The company said the new vessels would be delivered in 2025 and 2026. In a statement, ONE said the order was in...
Dachser acquires Aussie freight forwarder
GERMAN logistics company Dachser has acquired ACA International, an air and sea freight forwarding company headquartered in Melbourne. A statement from Dachser said it would...
Aussie avo exporters can access India
MINISTER for agriculture, fisheries and forestry Murray Watt said Australia and India had agreed on two-way agricultural trade that will provide new market access for Australian...
Gladstone and university sign second MoU
GLADSTONE Ports Corporation and Central Queensland University this week signed an agreement that will see the two organisations join forces to build regional capacity through...
China ends unofficial ban on Aussie coal
CHINA has completely lifted its unofficial ban on the import of Australian coal, according to global media reports. Customs offices and ports have been instructed to allow cargoes...
IMO calls for more work to ratify SAR Convention in Pacific
THE INTERNAITONAL Maritime Organization at a recent maritime event in Queensland called for more Pacific Islands nations to ratify the SAR Convention. The ninth Pacific Search and...
Zim reports a big year, dismal fourth quarter
ZIM posted big earnings for 2022, but by the fourth quarter of the year, earnings had fallen off a cliff. The Israeli shipping company posted a net income of US$417 million for...
Floating ammonia production unit receives AiP
DNV has issued an approval in principle for a floating ammonia production unit. Dutch offshore energy company SwitcH2 and Norwegian company BW Offshore are developing the...
Inland Rail signalling huts to bolster sustainability with passive cooling
THE AUSTRALIAN Rail Track Corporation is looking to expand the use of passive cooling designs for its Inland Rail signalling huts. The huts will have improved building design...
Floods close rail traffic in central NSW
A SECTION of railway was washed away after heavy rainfall on Sunday evening caused flash flooding in Cootamundra and surrounding areas. Following the rainfall, the Australian Rail...
MOL offsets emissions from Australia-Japan voyage
MITSUI O.S.K. Lines said it has offset emissions from an iron ore carrier’s voyage from Australia to Japan. Japan-flagged bulk carrier Shinzan Maru, operated by MOL, is engaged in...
