Dodgy steering behind beacon bash
THE AUSTRALIAN Transport Safety Bureau has released its findings into a Yarra River incident that intrigued the port community at the time and has led a leading containership...
HMM humming along
IN WHAT IT modestly describes as “a solid financial performance in 2024” South Korea’s HMM has reported an operating margin of 30% for the year. Operating profit increased 501% -...
NZ port to deploy private 5G network
CENTREPORT Wellington has announced plans to roll out New Zealand’s first commercial private 5G network later this year. Tū Ātea, a Māori-run spectrum and telecommunications...
North Queensland transport still struggling
EASING RAINFALL in North Queensland today has brought some relief to flood-hit areas but restoration of key transport links is a long way off. The temporarily-repaired Ollera...
Mice payout nice for Zespri
A RODENT infestation has had a happy ending for NZ kiwifruit exporter Zespri, though not for the mice. In April 2024 Zespri was forced to delay the start of its European sales...
Cathay Cargo adopts IATA data protocol
CATHAY Cargo has announced it has become the first carrier to adopt the International Air Transport Association’s (IATA) ONE Record data protocol in some of its day-to-day...
NYK signs “world first” ammonia time charter
AMMONIA distributor Yara Clean Ammonia Switzerland has signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fueled medium gas carrier (AFMGC)....
PoM shells out for reef restoration
THE PORT OF MELBOURNE has joined forces with The Nature Conservancy Australia in a $890,000 project to restore shellfish reefs in Port Phillip’s designated dredging grounds. The...
Trump tariffs to ‘blitz’ Australian suppliers
US PRESIDENT Donald Trump has announced plans to introduce 25 percent tariffs on all steel and aluminum imports into the US, in a move tipped to put further pressure on Australian...
Tropical low threatens second WA cyclone
A TROPICAL low near Broome is threatening to become WA’s second cyclone of the season. The Bureau of Meteorology has issued a notice warning the developing low, near the north...
Aust box trades see 9-month boom
THE JANUARY-SEPTEMBER 2024 period proved lucrative for container lines in Australasian trades, with imports rising 9.9% and exports 9.7%, albeit rates were more of a mixed bag....
Strategic Marine inks contract with Odyssey Group
STRATEGIC Marine has announced the signing of a new contract with Odyssey Group to build a state-of-the-art multi-purpose survey vessel. The Singaporean-headquartered provider of...
Two reefers found holding cocaine loads
The AUSTRALIAN Federal Police has seized approximately 41 kilograms of cocaine from two refrigerated containers that were imported into Port Botany. The first container, imported...
Industry to be briefed on major Melbourne changes
MELBOURNE’s container logistics chain will face comprehensive changes later this year when the West Gate Tunnel and upgraded M1 infrastructure comes into use. CTAA, FTA/APSA and...
World Container Index continues to decrease
DREWRY’S World Container Index decreased by 3% to US$3273 per 40-foot container this week. The Drewry WCI composite index is now 68% below the previous pandemic peak of US$10,377...
