News
Road transport and imports up for Wiseway in Q2
AUSTRALIAN-listed logistics provider, Wiseway Group, announced its trading update for the three months up to 31 December 2021 (Q2 FY22). Highlights included revenue growth of 19%...
Patrick takes long-awaited delivery of new AutoStrads
PATRICK’S terminal in Brisbane has taken delivery of five new Kalmar automated straddle carriers with a further seven now en-route to Sydney. Last weekend, the equipment was...
Biofuel trial voyage from Australia carrying malting barley
A TRIAL voyage using biofuel for grain industry co-operative CBH Group, is being performed on the Edwine Oldendorff from Australia to Vietnam. The vessel loaded 30,000 tonnes of...
The week in bulk: Capesize, Panamax markets drop, BDI falls apace
THE Baltic Dry Index saw a significant dip over the past week, falling to its lowest since March 2021. On Friday (14 January) the index was 1764, a decrease of 22% on the previous...
60 containers overboard in Madrid Bridge incident, more damaged
MADRID Bridge lost an estimated 60 containers overboard, with 70 damaged during an incident in the North Atlantic on 7 January. According to a customer advisor from vessel...
Supply chain strategy progress reported across Australia
THE latest National Freight and Supply Chain Strategy annual report has documented encouraging progress across each of Australia’s states and territories. The 2020-21 report...
Singapore still number one maritime city: report
SINGAPORE has retained the number one spot in the Leading Maritime Cities report conducted by classification society DNV and Menon. The 2022 edition of the report was launched...
Transport industry divided over easing of isolation rules
A GOVERNMENT decision to further alleviate restrictions for freight, transport and logistics workers has divided the industry on the consequences for supply chains. The...
ICS and IMPA shipping guidance can help curb pilot transfer fatalities
A NEW international guide provides updated advice on embarkation arrangements for marine pilots in response to industry concerns over the safety. The Shipping Industry Guidance on...
Drewry’s container index increases slightly on last week
DREWRY’S composite World Container Index increased 1.4$ to US$9544.66 per 40-foot container this week. While the composite index increased by 1.4% this week, it remains 82% higher...
MUA calls on National Cabinet to intervene in its dispute with Patrick
THE MARITIME Union of Australia has called on National Cabinet, which is meeting today (13 January) to intervene and halt Patrick seeking to terminate its enterprise agreement at...
"No immediate relief in sight", but Australia on course to overcome freight challenges: report
AUSTRALIA’S supply chains are set to withstand the current onslaught of challenges under the National Freight and Supply Chain Strategy, but poor management of outbreaks could...
Supply chain disruptions halve November air cargo growth: IATA
DATA released by the International Air Transport Association (IATA) for global air cargo markets shows slower growth in November 2021. Supply chain disruptions and capacity...
CMA CGM Libra Supreme Court ruling sparks industry discussion
MORE than ten years after the grounding of CMA CGM Libra, a UK Supreme Court judgement has found negligent passage planning by masters and officers can render a ship unseaworthy....
Congestion is getting worse according to shipping analyst
ABOUT 11.5% of the global ocean container shipping capacity was taken out of the market due to vessel delays in November, according to a recent analysis from Sea-Intelligence....
