IMO welcomes high seas treaty
A TREATY to protect biodiversity in the world’s oceans has been moved closer to ratification, and the International Maritime Organization and the International Chamber of Shipping...
Industry marks International Women’s Day
INTERNATIONAL Women’s Day was marked around the maritime and logistics industry in yesterday. In Sydney, the Supply Chain and Logistics Association of Australia hosted its annual...
Pac Nat says it will step after demise of Scott’s
AFTER Scott’s Refrigerated Logistics went into liquidation, rail freight operator Pacific National said it was working to maintain the links in the national cold chain. Pacific...
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...
