News
New CEO announced for freight and logistics group
KIWI transport and logistics company Move Logistics Group has appointed a new chief executive officer. Craig Evans is to commence the CEO role at Move from 1 February 2023. A...
Container stevedore profits skyrocket during supply-chain disruption: ACCC
THE OPERATING profit margin of Australia’s container stevedoring industry has increased by 14% since the start of the Covid-19 pandemic, according to the Container Stevedore...
Port Kembla handles first vehicle in light rail fleet
PORT Kembla has handled the first Parramatta Light Rail vehicle for an infrastructure project in Western Sydney. The vehicle arrived at Australian Amalgamated Terminals (AAT)...
Containership assists stricken yacht in Great Australian Bight
THE AUSTRALIAN Maritime Safety Authority co-ordinated the response to a distress beacon activated at 1720 AEDT on Thursday. The beacon was registered to a yacht that had lost...
Baltic Exchange weekly market report
THE BALTIC Dry Index ended last week at 1386 on 9 December. This past week was slightly up after several relatively flat weeks. The Baltic Dry Index for the week ending on 9...
MUA and Global Compact launch tool to tackle modern slavery in supply chains
THE MARITIME Union of Australia and the UN Global Compact Network Australia have launched a publication urging businesses to address modern slavery risks in their supply chains....
More Inland Rail work underway in Victoria
WORK is now underway at Inland Rail sites in Glenrowan and Wangaratta in Victoria. Early works have begun at the Victorian worksites, and major construction is scheduled to...
Two maritime unions call on taskforce to urgently address training
TWO maritime unions are urging the Strategic Fleet Taskforce to address training as an urgent priority, arguing that 60 deck and 60 engineering students should begin training as...
Review prompts changes at Infrastructure Australia
A REVIEW of Infrastructure Australia has concluded, and the government has considered its findings. The government commissioned a review of Infrastructure Australia in July, led...
Air cargo strengthens airlines in 2022, braces for pressure in 2023
THE INTERNATIONAL Air Transport Association expects airlines to post billions in losses for 2022 but highlighted the strength of the air cargo industry. IATA expects airline net...
Rail investment to average $14.4 billion in coming years, study shows
INVESTMENT in rail construction and maintenance in Australia is expected to average $14.4 billion per year over the next five years according to a new report. The forecast figure...
CMA CGM to acquire two US container terminals
THE CMA CGM Group has signed an agreement to acquire Global Container Terminals’ New York and Bayonne terminals. The Port of New York and New Jersey is a key entry point serving...
ICHCA details ammonium nitrate safety measures
ICHCA International has released a whitepaper that outlines best practice in the management of risk on vessels carrying ammonium nitrate. The organisation said the risks posed by...
Man sentenced in ship fire case
KERRY Tong, the sole director of K.R Tong Engineering (in liquidation), was sentenced this week in the Napier District Court for failing to comply with his duties, exposing...
Bigger ships calling Nelson
THIS past weekend the containership MSC Langsar visited Port Nelson in the South Island of New Zealand. The port said it was the first time a larger vessel longer 260 metres...
