News
MSC hits the road with Gram buy
THE EVER-expanding MSC on Wednesday [24 April] launched a US$700 million takeover for Norway’s Gram Car Carriers, with the offer recommended by the target’s board. GCC, which...
Industry calls for UN help following Aries seizure
SIXTEEN industry associations and social partners have sent a joint letter to United Nations secretary general Antonio Guterres calling for UN assistance following the seizure of...
Box imports down, exports up in 2023
PROVISIONAL figures from London’s Container Trade Statistics show Australasia’s containerised imports declined by 2.9% in 2023, but exports grew by 4.2%. The overall effect was a...
CMA CGM is selling Bolloré's Polynesian branch
CMA CGM has officially listed for sale Bolloré Logistics Polynesia, based in Tahiti, a move made necessary by regulators concerned about a regional monopoly following the French...
Maersk publishes updates on Baltimore blockage
MAERSK Line has begun publishing advisories to customers about the Baltimore bridge situation on its website, including confirmation that the owners of containership Dali have...
Hapag-Lloyd looks to 2030
HAPAG-LLOYD has detailed its “most ambitious strategy to date”, based on a new set of five core pillars covering everything from innovation to expansion and customer-centric...
Nuyina strike continues
NUYINA officers and engineers, represented by two maritime unions, are continuing industrial action between the Australian icebreaker’s Antarctic voyages. The Australian Maritime...
Aries seizure threatens Middle Eastern trade lanes, analysts say
THE SEIZURE of MSC Aries has prompted warning that war risk premiums are set to increase, leading to heightened volatility in shipping markets. Iranian forces seized the...
Dali owners declare General Average
THE OWNERS of Baltimore bridge destroyer Dali have declared General Average, although charterers Maersk Line have yet to issue a public notification. The 9962 TEU Dali is...
AutoStrad Botany Rail Expansion wins innovation award
THE SYDNEY AutoStrad Botany Rail Expansion (SABRE) took out a top award at the 2024 Infrastructure Partnerships Australia Awards in Melbourne last night (11 April). SABRE was...
Cruisers back in force
THE NUMBER of people taking a cruise globally returned to and exceeded 2019 levels last year, the first largely unaffected by covid. Cruise Lines International Association (CLIA)...
Brisbane celebrates bumper cruise season
PORT of Brisbane has reported a record summer cruise season at the Brisbane International Cruise Terminal. BICT clocked up 125 cruise visits between October 2023 and March 2024,...
Wallenius Wilhelmsen wins again
WALLENIUS Wilhelmsen has added to its collection of 2023-24 customer contract successes, announcing it has recently signed another significant multi-year deal. The new agreement,...
WA millions for Kimberley resilience
THE WESTERN Australian Government will pump an initial $67.5 million into a major new resilience program for supply chains in the Kimberley region, hard hit by recent catastrophic...
Damen, CMA CGM to fine-tune fuel use
CMA CGM and Dutch-based Damen Shipyards Group have embarked on a project to modify up to ten of the containerline’s ships in a quest for fuel savings of around 10%. Up until now,...
