China-Aust rates take December dive
SPOT FREIGHT RATES between Shanghai and Melbourne in the first week of December hit their lowest level since mid-August, according to the Shanghai Containerised Freight Index. In...
Macquarie adds to offshore wind portfolio
MACQUARIE Asset Management has entered into an agreement to purchase 100% ownership of Danish offshore wind specialist ZITON, which claims to be the market leader in operations...
Victoria sees record exports, says state government
VICTORIA’S government has announced the state’s exports have grown by more than $2 billion in the past 12 months, claiming it as the largest increase in exports across Australia....
$340m investment announced for Victorian port
THE VICTORIAN government has committed $340 million to infrastructure improvements at Port Fairy – a historic maritime hub in south-western Victoria. The investment, announced on...
Boxship breaks capacity record in Panama Canal
CONTAINERSHIP MSC Marie broke a record in the Panama Canal this past week, becoming the largest vessel by TEU capacity ever to transit the waterway. Liberian-flagged MSC Marie...
Container lines still seizing the day
DESPITE WHAT is being described internationally as a “correction” in container freight rates ANZ trades are still seeing notifications of general rises, peak season surcharges and...
Tug heading to grounded barge
MMA OFFSHORE’s Port Taranaki-based anchor-handling tug supply ship (AHTS) MMA Vision is en route to Westport on NZ’s South Island West Coast to begin recovery attempts on WMS...
DP World enters world of fashion and retail
DP WORLD has completed the acquisition of global supply chain provider Cargo Services Far East, the global port operator announced yesterday (2 September). Hong Kong-headquartered...
China volumes lure extra-loaders
WHILE Drewry’s World Container Index continues to fall – this week by another 3% - rates in the China-Australia trade are reportedly nudging year-long highs and demand remains...
Leeuwin II assessments underway, Maersk Shekou remains at port
THE WAKE of the allision between a Maersk container ship and an 1850s-style Barquentine that occurred last week has produced a flurry of developments as both vessels see continued...
PIANC APAC 2024: Ports in a changing world
THE PIANC Asia Pacific Conference in Sydney this past week featured insights into challenges across the global ports landscape, with a focus on connecting Asia Pacific ports in a...
Training ship damaged by boxship in Fremantle port (UPDATED)
AUSTRALIA’S largest sail-training tall ship has sustained visible damage from an allision with a Maersk container ship in the port of Fremantle. STS Leeuwin II, an 1850s-style...
Incat acquires site for new shipbuilding facility
INCAT Tasmania has acquired a 12-hectare site north-west of Hobart to build a new shipbuilding facility. The new site, a portion of the Norske Skog Boyer Mill site at Boyer, would...
IMO secretary-general condemns "unacceptable" Red Sea attack
THE INTERNATIONAL Maritime Organization’s secretary-general has spoken following a recent attack on an oil tanker while transiting the Red Sea. Mr Arsenio Dominguez, who became...
Millions of cigarettes seized from container in Sydney
THE AUSTRALIAN Border Force has sized more than 12 million illegal cigarettes from a container that arrived in New South Wales last week. The consignment, which arrived from...
