News
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...
Independent valuer for Port of Newcastle appointed
NEW South Wales Treasurer Matt Kean has appointed the Independent Pricing and Regulatory Tribunal (IPART) as the independent valuer under the Port of Newcastle Extinguishment of...
Kuehne+Nagel saw big profits in 2022
KUEHNE+Nagel saw its net profits increase by 30% over 2022, with all its business groups contributing to the result, according to its financial results for the year, released on...
Monson acquires Aranui
AUSTRALIAN port agency Monson has acquired Aranui Shipping, a shipping agency based in New Zealand. A statement from Monson said Aranui would bring a diverse client base of owners...
Wiseway 1H results improve on previous half
ASX-listed freight and logistics operator Wiseway said its first-half results showed a “turnaround” in its Australian business compared with the previous six-month period. Over...
HFW gets behind drive to recognise human rights at sea
LAW firm HFW has put its support behind the development of a new Geneva Declaration to define and defend the human rights of the global maritime population. The global law firm...
Global trade outperformed predictions for 2022: WTO
GLOBAL trade remained resilient and performed better than pessimistic predictions for 2022, according to a new World Trade Organization note. The note said economies greatly...
SeaLead to commence regular, direct service to South Asia
CONTAINER line SeaLead is launching a regular, direct service between the east coast of Australia and the Indian Subcontinent. The service, called ASIA, will connect Australia...
Keel laid for new SeaRoad vessel
TASMANIAN shipping and logistics company SeaRoad will name its new ro-ro vessel SeaRoad I. The announcement coincided with the traditional keel-laying ceremony in Flensburg at the...
Melbourne trade volumes down in January
PORT of Melbourne reported a decrease in total container throughput in January on the same month last year. A total of 257,227 TEU crossed the wharves at Melbourne in January, a...
Dalrymple Bay Infrastructure reports increase in revenue, decrease in volume
THE DALRYMPLE Bay Terminal exported 53.3 million tonnes of coal over 2022 (down 1.8% from 2021), according to its results announcement, released on Monday (27 February)....
Geodis reports profitability increases in 2022
INTERNATIONAL freight forwarding and logistics company Geodis reported big increases in revenues and profits for 2022. The company’s revenues for the years were €13.7 billion, up...
IFCBAA urges Canberra to implement PC reforms
THE INTERNATIONAL Forwarders and Customs Brokers Association of Australia is urging the federal government to urgently implement reforms outlined by the Productivity Commission in...
