News
Construction begins on Spirit of Tasmania V
CONSTRUCTION has officially commenced on Spirit of Tasmania V in Finland. Finnish shipbuilder Rauma Marine Constructions began work on the vessel at a steel cutting ceremony on...
AMC partners with industry to tackle maritime engineering skills shortage
THE AUSTRALIAN Maritime College has partnered with industry stakeholders on a campaign aimed at resolving skill shortages in maritime engineering. The Australian Maritime Safety...
Iberdrola to invest €1.1 billion in Tasmanian green hydrogen and methanol plant
SPANISH energy giant Iberdrola has announced intentions to invest more than €1.1 billion (around $1.7 billion) in a green hydrogen and methanol plant in Tasmania. Iberdrola is...
Qube acquires 12 locos for new interstate service
QUBE has acquired 12 new locomotives from Progress Rail, one of the largest providers of rolling stock and infrastructure for the global rail industry. The 12 locomotives are all...
Man jailed for shipping container cigarette haul
A MAN who orchestrated the import of three million cigarettes into Melbourne in a shipping container has been sentenced to jail. The Australian Border Force launched an...
Derailment in Blue Mountain impacts freight
A FREIGHT train derailment in the Blue Mountains has put a freight line out of action. The train derailed on Wednesday last week (14 December) between Lawson and Linden. Repair...
UNCTAD forecasts global trade record and a tough year ahead
THE UNITED Nations Conference on Trade and Development forecasts a record $32 trillion for global trade value in 2022, but the upwards trend has taken a turn. UNCTAD’s latest...
Pilbara Ports see November cargo increase
THROUGHPUT at the ports of the Pilbara has seen an increase in November. According to the latest statistics from the Pilbara Ports Authority, there was an increase of 7% in...
Baltic Exchange weekly market report
THE BALTIC Dry Index rounded out last week on a high, hitting 1560, the highest it has been since late October. The Baltic Dry Index for the week ending 16 December 2022. Source:...
CMA CGM teams up with port for shore power
THE CMA CGM Group and Shanghai International Port signed a long-term strategic collaboration to develop the mass scale use of onshore power supply for containerships at the Port...
Former premier joins Incat as advisor on big plans
INCAT Tasmania has appointed a former Tasmanian premier as strategic advisor to support the company’s goal to build fully electric, lightweight ships. The Australian shipbuilder...
Fittings in poor condition prior to container loss incident: ATSB
APL England’s fixed container securing arrangements on deck were in a poor state of repair when it lost 50 containers overboard in heavy weather in 2020, according to the...
Decision to axe AAT raises questions and concern for industry
THE FEDERAL government’s decision to axe the Administrative Appeals Tribunal will have significant consequences for industry, according to trade law expert Andrew Hudson....
Changes afoot for Lloyds Open Form
SEVERAL organisations, including the International Chamber of Shipping, are working to revamp the Lloyds Open Form contract for vessel salvage in response to declining use by the...
Cathay Pacific cargo volumes down in November
CATHAY Pacific’s cargo volumes last month declined compared with the previous month despite it being the start of the traditional Christmas period, according to the airline’s...
