Hapag-Lloyd expects half-year EBIT nearly six times higher than last year
BASED on preliminary figures, shipping line Hapag-Lloyd expects for the first half of 2021 an EBITDA of around US$4.2 billion (€3.5 billion) compared to around US$1.3 billion...
Trident Taskforce seizes drugs and chemicals in joint operation
AS part of a joint drug trafficking investigation, detectives from the Trident Taskforce have arrested two people and seized significant quantities of Gamma Butyrolactone (GBL)...
Trade recovery at risk without equitable vaccine roll-out: WTO
WTO economies from mid-October 2020 to mid-May 2021 exercised trade policy restraint and refrained from an acceleration of protectionism that would have further harmed a world...
Report warns of looming officer shortage
THE recently released Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment...
Kalgin Logistics acquires QIFS
PACIFIC Islands logistics specialist Kalgin Global Logistics has acquired Queensland International Freight Services. Brisbane-based QIFS is a specialist in the Papua New Guinea...
Tasmanian firm to build new shiploader at Burnie
TASRAIL is finalising negotiations with Tasmanian company COVA Haywards to design and build its new bulk minerals shiploader at Burnie Port. The contract is expected to be awarded...
DSV Panalpina reports big half-year profit growth
DANISH transport and logistics behemoth DSV Panalpina reported an 18% growth in gross profit in its interim financial report for the first half of the 2021 calendar year. The...
Townsville commissions new crane
PORT of Townsville has officially commissioned its new $30-million Berth 4 Crane and Cargo Terminal. The terminal’s completion was marked by the debut of the Port’s new Liebherr...
MOL jointly develops new energy-saving sail
MITSUI OSK Lines has announced that its has reached an agreement with numerous partners on joint research and development of the Iknow Delta Sail Crane, a sail that can be mounted...
Freight & Trade Alliance partners with air-freight specialist
FREIGHT & Trade Alliance is partnering with aviation and air freight consultancy Avistra to facilitate what it says is necessary supply-chain reform. FTA said the partnership...
Belgium employs roving vaccination teams for seafarers
FOLLOWING successful COVID-19 vaccinations of Belgian seafarers that started on 2 June, Belgium is moving to another level with a proposal by the Deputy Prime Minister Vincent van...
ATSB’s new chief commissioner will be first with a maritime background
ANGUS Mitchell is stepping in as the new chief commissioner and CEO of the Australian Transport Safety Bureau. He will be leaving his role of general manager at Maritime Safety...
COVID-positive seafarers transferred from Weipa to SE QLD
TEN crew members from a COVID-stricken ship anchored off Weipa are being relocated to COVID wards in hospitals in southeast Queensland. In total, 19 of the bulk carrier bulk...
Yang Ming gets new 11,000-TEU ship
YANG Ming took delivery of a new 11,000-TEU containership, YM Travel on Tuesday. Imbari Shipbuilding built the vessel, and it is chartered from Shoei Kisen Kaisha. YM Travel is...
Australian wine pivots from China
THE latest research from the Australian Bureau of Agricultural and Resource Economics has found that anti-dumping duties have seriously disrupted Australia’s wine trade. The...
