WiseTech FY results show big revenue growth
WISETECH Global’s 2021-22 financial year results show big increases in revenue and profits. WiseTech founder and CEO Richard White said the “standout performance” shows the...
Autonomous tug completes collision avoidance trials
THE harbour tugboat Maju 510 has become the first vessel in the world to receive the American Bureau of Shipping’s Autonomous and Remote-Control Navigation Notation. The notations...
Hapag-Lloyd to upgrade 150 ships
HAPAG-Lloyd has announced plans to upgrade 150 ships to technically modernise its fleet and reduce carbon emissions. The launch of the company’s Fleet Upgrade Program follows the...
Container trade volumes up at Port of Melbourne
PORT of Melbourne has reported strong container volumes in July, ahead of the traditional peak season. Total container throughput reached 285,561 TEU last month, up 3.7% on...
Industry drops Indian Ocean "high-risk" piracy classification
FROM 1 January 2023, the boundaries of the high-risk piracy area off the coast of Somalia will no longer exist. The global maritime industry bodies have decided to declassify the...
NSW man jailed for cocaine container shipment
A MAN has been sentenced to nine years in jail for a shipment of 188 kilograms of cocaine found in a shipping container in 2019. The New South Wales man was arrested as part of an...
ITF recovers US$37 million in unpaid crew wages
THE International Transport Workers’ Federation said is has recovered more than US$37 million in unpaid wages owed to seafarers. The union said its 125 inspectors and...
Hydrogen export project discussed at Sydney forum
THE Hydrogen Energy Supply Chain (HESC) Project Pilot was discussed at the recent Sydney Energy Forum, as senior executives from Project Partners, Kawasaki Heavy Industries (KHI)...
Maersk announces new bio-methanol partnership
MAERSK has partnered with Chinese bioenergy technology company Debo on plans to develop a bio-methanol project for Maersk in China. A letter of intent signed by the companies...
Diverted bulk carrier rescues kayaker
THE Australian Maritime Safety Authority has co-ordinated the rescue of a kayaker in the Indian Ocean with the help of a nearby bulk carrier. The kayaker had encountered bad...
The week in bulk: BDI hits lowest point in more than a year
THE Baltic Dry Index continued its weeks-long decline, hitting the lowest point in more than a year on Friday (19 August) when it hit 1279. A downward trend: the Baltic Dry Index....
Noisy nuisance ship niggles neighbours
A NOISY containership has left a trail of complaints across Australian and New Zealand ports and apologies to disturbed residents of port communities. Safeen Prime is operated by...
Three charged for alleged Botany sea-cargo drug smuggling
DRUG and Firearms Squad detectives have charged three men following the seizure of almost 750 kilograms of methylamphetamine. Police allege the drugs were imported by a criminal...
Freight rates to decline on lower vessel utilisation: analyst
WITH vessel utilisation rates declining, ocean shipping analyst Sea-Intelligence said freight rates are due for a decline. Sea-Intelligence CEO Alan Murphy said even though demand...
ACCI executive lambasts Australian port performance
AUSTRALIAN ports are inefficient and are a drag on the Australian economy, so said Australian Chamber of Commerce and Industry ACCI chief executive Andrew McKellar during an...
