ICTSI reports strong 2022
INTERNATIONAL Container Services – parent company of Victoria International Container Terminal – reported increases in throughput, revenue and EBITDA for 2022 in its consolidated...
ANL adds Vanuatu calls to Westpac service
ANL’s Westpac service is now calling the Vanuatu ports of Santo and Port Vila. The shipping line said the addition of these calls make its Westpac service the only direct...
Importers fined for illegally harvested timber
THE DEPARTMENT of Agriculture, Fisheries and Forestry fined 14 furniture importers more than $186,000 last week because they didn’t act to minimise the risk of importing illegally...
January container trade up at Freo
CONTAINER throughput at Fremantle Ports saw an uptick in January, increasing on the same month last year, and the previous month. In January, the port handled a total of 67,678...
CMA CGM’s 2022 performance “exceptional”
CMA CGM’s 2022 financial results were largely in line with the other major ocean carriers: gigantic profits in the first half on the back of high freight rates, with a contraction...
Newly launched PNG service makes maiden call
THE Meratus Gorontalo made the maiden call on Meratus Line’s new PNG Express service late last month. The Indonesian logistics company’s new service makes direct connections from...
Hapag-Lloyd reports huge 2022 financial results, but clouds are gathering
HAPAG-Lloyd’s profits for 2022 reached US$18 billion (€17 billion), but with freight rates on the decline, the company said this year won’t be as spectacular. In 2022, the...
World Container Index decreases yet again
DREWRY’S composite World Container Index decreased by 2% to US$1859.28 per 40-foot container last week. The index is down 80% compared with the same week last year. The latest...
Baltic Exchange weekly market report
THE BALTIC Dry Index saw a sharp uptick over the past week, hitting 1211 on Friday, up from 883 a week before. Friday’s BDI was the highest point since early January, and 128% up...
Steel-cutting ceremony for new MPV
A TRADITIONAL steel-cutting ceremony took place on Wednesday (1 March) at the CSSC Huangpu Wenchong Shipyard in Guangzhou China. The ceremony was celebrating the construction of...
Arrest follows air freight drug detection
A MELBOURNE man was in court on Thursday (2 March) after allegedly importing 24 kilograms of cocaine in an airfreight consignment of water pumps. The St Kilda man, 31, was...
Class NK releases standards for container stowage
CLASSNK has released its “Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)” and its “Guidelines for Parametric Roll Countermeasures”. It said the...
A slight decline in schedule reliability in January
GLOBAL liner schedule reliability saw a month-on-month decline of 3.8% in January to 52.6% after steady increases throughout much of 2022, according to the latest report from...
Toll Group acquires drone operator
TOLL Group has acquired Air Support Queensland (ASQ), an Australian uncrewed aircraft systems flight operations and training provider. A statement from Toll said ASQ has an...
Hapag-Lloyd signs LNG supply agreement with Shell
HAPAG-Lloyd and Shell have signed a multi-year agreement for the supply of LNG for the shipping line’s ultra-large dual-fuel 23,500-TEU container vessels. Bunkering for the 12 new...
