Spirit of Tasmania IV reaches new milestone
SPIRIT of Tasmania IV’s keel was laid on Friday (28 October). Shipbuilder Rauma Marine Constructions hosted a keel-laying ceremony for the vessel at its facility in Finland....
Maersk Air Cargo's first flight takes off
MAERSK Air Cargo, the shipping company's new freight division, is taking off today (31 October) with the first trans-Pacific flight. The inaugural service will operate between...
New liner service announced between North Asia and PNG
BLUE Water Shipping is launching a new regular liner service between North Asia and Papua New Guinea. The Kumul Service is to be an extension to the current Blue Water Shipping...
Baltic Exchange weekly market report
THE BALTIC Dry Index last week saw a downturn. The index started the week at 1797 (slightly down on the previous week) and on Friday (28 October) the BDI hit 1534 – a decrease of...
Unexpected profit at Kimberley Ports
KIMBERLEY Ports Authority has posted a profit of $2.56 million before tax and dividend in the 2021-22 financial year. The port authority attributed the growth to trade turnaround...
Bill to amend fair work legislation receives support and backlash
A BILL before Parliament, which intends to amend fair work legislation, has been met with optimism for the workplace bargaining system but concern for the supply chain. Employment...
Freight volumes up for Bass Island Line despite $2.2 million loss
TASPORTS has reported an increase in freight volumes for its Bass Island Line shipping service, and a financial loss of $2.2 million. BIL carried almost 25% more tonnes of freight...
IMO and WISTA International launch platform to diversify industry panels
THE INTERNATIONAL Maritime Organization and Women’s International Shipping and Trading Association have launched a speakers platform aimed at diversifying the voices on industry...
Inspection delays and trapped seafarers an issue for Black Sea corridor
THE BLACK Sea Grain Initiative facilitating the export of cargo from Ukrainian ports is struggling to keep up with the inspection of inbound and outbound ships. According to the...
New vessels and command centre for NSW maritime emergency response
NSW Maritime has welcomed the launch of two new vessels and a maritime command centre in Sydney Harbour in preparation for maritime emergencies. The vessels are worth $2 million...
DSV posts significant profit growth for Q3 2022
DANISH transport and logistics company DSV has reported increases in profit across its divisions for the third quarter of 2022. In the first nine months of the year, gross profit...
Millions for strategic fleet in federal budget
THE federal government is providing $6.3 million in 2022-23 to establish the Strategic Fleet Taskforce. The purpose of the taskforce is to provide advice to the government on the...
Tasmania celebrates return of international cruise ships
THE ARRIVAL of cruise ship Pacific Explorer at Port of Hobart on Tuesday morning marked the return of cruise shipping in Tasmania. The occasion has been considered a milestone for...
Logistics company reports “best-ever nine-months results”
SWISS logistics company Kuehne+Nagel reported its “best-ever nine-months results” yesterday. The company said in the first nine months of 2022 its net turnover increased by 40% to...
ICS proposes fund to award low-emission fuel first movers
THE INTERNATIONAL Chamber of Shipping has announced proposals to accelerate the maritime sector’s transition to net zero by financially rewarding ships and energy producers that...
