News
Höegh Autoliners: Solid 4Q 2024
NORWAY’s Höegh Autoliners has reported a good end to 2024 and remains confident about 2025, although the company’s share price has taken something of a beating. For 4Q 2024 the...
Aurizon posts mixed results for H1 FY25
AURIZON has reported an increase in revenue for the first half of the 2025 financial year, though its EBITDA and NPAT have both dropped. The rail freight operator released its H1...
Pilbara Ports open, roads closed after cyclone
THE PILBARA Ports of Dampier and Varanus Island are back in business after tropical cyclone Zelia stormed across WA’s northwest coast yesterday afternoon (Friday). Pilbara Ports...
Marine Order 91 changes to take effect this month
CHANGES to Marine Order 91 later this month will allow for use of electronic oil record books and exemption of UNSP barges from certain survey requirements. The reissued AMSA...
China-Australia rates finally fall
FREIGHT RATES between China and Australia are on their way to halving in a matter of a few weeks, with the Shanghai Containerised Freight Index diving alarmingly since a...
Rates flood gates may be opening
WITH Australasian trades finally catching the Drewry World Container Index’s cold, container lines are moving into rate recovery mode, a scenario that’s almost invariably...
PoM, Boskalis dredge up 12-year deal
THE PORT of Melbourne (PoM) has signed a new, 12-year maintenance dredging contract with Dutch specialist Boskalis. PoM said although this new agreement – which became effective...
Ports closed with cyclone to hit Pilbara today
THE PILBARA ports of Dampier and Varanus Island have closed as severe tropical cyclone Zelia, now a category 5 storm, bears down on the northwest of WA. Mine sites have closed and...
Australia's Rhumb folded into Cetus
RHUMB MARITIME, founded by Australian shipping veterans Ian Dalgliesh and Ross Toy, has been acquired outright by global dry bulk operator Cetus Maritime after a business...
Local liner trade update: First for Aust services
ANL/CMA CGM are anticipating a first for their Australasian trades with the imminent arrival of the dual-fuel (LNG) powered CMA CGM Baalbeck. The 8048 TEU newbuilding is currently...
Team Global Express inks deal with China's largest courier
TEAM Global Express has partnered with China’s largest courier, SF Express, to combine networks and increase bilateral trade. Under a deal announced on 13 February, TGE will...
SA exports maintain near-record highs
SOUTH Australia’s merchandise exports have topped $17 billion for the second calendar year running. The latest ABS full-year export data for 2024 marked an increase of more than...
Digital seafarer certification project in the works
THE INTERNATIONAL Chamber of Shipping has signed onto a project to digitalise seafarer certification processes. ICS will work with the Lloyd’s Register OneOcean platform and the...
76-tonne tobacco haul seized from "suspicious" ship off Aus coast
A BULKER behaving “suspiciously” off the Australian coast has been serving as a storage platform for illegal cigarettes, authorities revealed today (12 February). The...
Cyclone Zelia threat to Port Hedland
TROPICAL cyclone Zelia has been declared and continues to threaten “severe impact” to the east Pilbara coast or adjacent Kimberley coast later on Thursday and Friday. A tropical...
