The week in bulk: Green shoots in the Capesize market?
LAST week, the Baltic Dry Index continued the moderate decline of the previous week. The index ended the previous week at 2544, and last week declined to 2357 by Friday 1 April, a...
Australia imposes 35% tariffs on all goods from Russia and Belarus
PRIME Minister Scott Morrison on Thursday announced that Australia would impose an additional tariff of 35% on all imports from Russia and Belarus. In a statement, released hours...
Zim to charter six newbuilds
CONTAINER liner company Zim is chartering up to six 5500-TEU wide-beam newbuild vessels for seven years and a total charter hire consideration of up to about US$600 million. The...
Cargotec-Konecranes merger called off
CONTAINER-handling equipment companies Cargotec and Konecranes called off their planned merger after the UK Competition and Markets Authority (CMA) kyboshed the move on...
New inspector general of biosecurity appointed
MINISTER for agriculture David Littleproud has appointed Dr Lloyd Klumpp as the next inspector-general of Biosecurity (IGB). Dr Lloyd Klumpp Minster Littleproud said the IGB...
AMPI conference explores pathways into the future of pilotage
DAY two of the Australian Marine Pilots Institute conference explored diversification in the maritime industry, the evolution of maritime technology, and how the transition into...
Kerry Logistics posts 2021 net profit increase of 102%
Third-party logistics provider Kerry Logistics reported a robust profit growth in 2021. The company’s core net profit increased by 102% to HK$3.7 billion ($628 million), according...
Budget highlights ports, freight, and supply chain infrastructure
THE strength of the national supply chain is a focal point of the 2022-23 Federal Budget, delivered on Tuesday evening. Port infrastructure, rail freight terminals, and export...
Nuyina to commence harbour trials in Port of Hobart
TASPORTS has announced it will commence a comprehensive marine pilot familiarisation program onboard Australian icebreaker RSV Nuyina. Harbour trials will take place at the Port...
Black Sea mines a threat to safety of seafarer evacuations, HRAS says
HUMAN Rights at Sea has responded to the suggestion of a safe maritime corridor to evacuate seafarers from dangerous ports and waters around Ukraine, highlighting the threat of...
New CEO appointed for Western Australian port
MID WEST Ports Authority has welcomed Damian Tully as its new chief executive officer. Mr Tully has previously worked as the general manager for operations and logistics at MWPA...
New Texas to Vic air route supports US-Aus trade
QANTAS has announced a new route and expanded services between Melbourne and the US, which it said would boost trade with Victoria’s second-largest trade partner. A new direct...
Maersk to boost green fuel production
MAERSK and Egyptian authorities have entered into a partnership agreement to explore the establishment of large-scale green fuel production in Egypt. The memorandum of...
APG Melbourne pilotage services cease over pilot launch safety concerns
AUSTRALIAN Pilotage Group’s pilot transfer services last week were suspended after concerns about safety and qualifications were raised. An Australian Maritime Safety Authority...
New CEO for Maersk division behind TradeLens
GTD Solution, the Maersk division behind blockchain technology platform TradeLens, has announced a transition in the CEO role. After a career spanning more than three decades in...
