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,...
Maersk's OC1 resumes Panama transits
AFTER a break of around four months Maersk Line’s OC1 service will resume Panama Canal transits in mid-May. The carrier split its ANZ-East Coast North America service into two...
WiseTech to acquire Aktiv Data
ASX-LISTED WiseTech Global has agreed to acquire Aktiv Data, an electronic customs and freight forwarding specialist in Finland. Aktiv Data’s flagship product is nTax, cloud-based...
Cost of ending Newcastle container limits revealed
IPART has determined how much the Port of Newcastle needs to pay the state of NSW to end the legislative process that requires the port to reimburse the state if its container...
Wallenius Wilhelmsen prices Baltimore lock-in
WALLENIUS Wilhelmsen expects the closure of Baltimore, one of the USA’s leading automobile trade ports and a key company hub, to cost it up to US$10 million. WW estimates it will...
Flinders sells Logistics to Aurizon
FLINDERS Port Holdings has sold its Logistics and Pirie Bulk divisions to railco Aurizon in a deal it says will promote further trade growth in South Australia. DCN understands...
VICT pushing up landside charges
VICTORIA International Container Terminal has invited submissions under the state’s Voluntary Pricing Protocol after issuing a 60-day notification of forthcoming increases in...
Box lines gaming ETS, NGO claims
A EUROPEAN non-government organisation campaigning for cleaner transport has claimed four leading container lines are exploiting customers via the EU’s emissions trading scheme...
