BigLift places big order
THE NETHERLANDS’ BigLift Shipping, part of the Spliethoff Group, has turned to China’s Dalian Shipbuilding Offshore Co for what it calls “a strategic expansion” of its heavylift...
Here’s the drill: Transocean buying Valaris
TWO of the world’s biggest drilling fleet owners/operators active in Australasian waters are combining their interests in an all-stock buy-out/merger that values the resulting...
Hapag-Lloyd breaks cover on ZIM buy
IN WHAT is being acclaimed as a clever navigation of a difficult situation Hapag-Lloyd has announced it is in advanced negotiations for a potential acquisition of Zim Integrated...
Hobart’s LSA wins major Canuck contract
HOBART’s Liferaft Systems Australia (LSA) has signed a lucrative new contract with long-term customer BC Ferries of Canada to marine evacuation systems (MES) for four new ferries...
Global logistics figure quits after Epstein files release
A SIGNIFICANT investor in Australian logistics has welcomed a decision by Sultan Ahmed bin Sulayem to quit as DP World chair and chief executive after being named in...
Austal US accounting blunder leads to 25% fall in stocks
AN ACCOUNTING blunder in West Australian-based shipbuilder Austal’s US division has resulted in a US$17.1 million overstatement in the company’s FY2026 EBIT guidance. In a...
InCat safely evacuated
A SIGNIFICANT safety milestone has been completed at Incat Tasmania’s Hobart shipyard today, with the successful deployment of the Marine Evacuation System (MES) aboard Hull 096,...
APAC air freight demand rises ahead of Lunar New Year
A SURGE in demand for goods has been reported across the Asia-Pacific region, as customers get in ahead of Lunar New Year and the closure of key factories, market analysts C.H....
Austal starts work on biggest vessel so far
WEST Australian-based shipbuilder Austal has begun work on the biggest vessel it has ever built. The project at Austal’s Philippines shipyard is for construction of Horizon X, the...
January air cargoes soar, but China’s e-commerce exports return to Earth with a thud
AN EARLIER Lunar New Year has been labelled a factor in strong demand for global air cargo during January 2026, industry analysts Xeneta say. Xeneta noted storm clouds on the...
Hapag-Lloyd stays in black in 2025, including Q4
HAPAG-Lloyd has reported preliminary figures showing its 2025 results were at the top of expectations but still below 2024’s outcomes. And the carrier, like its contemporaries,...
Older ships not to blame for poor livestock transport says ALEC
THE PREMISE that new ships provide a more humane way to transport livestock is a fallacy according to the Australian Livestock Exporters’ Council (ALEC). ALEC was responding to...
Government urged to remain strong in EU trade negotiations
FARMERS and meat exporters have called on the federal government to remain firm in negotiating a free trade deal with the European Union. Negotiations are underway in Brussels...
Maersk: Strong year but fourth quarter pain
MAERSK LINE has joined Ocean Network Express in recording a quarterly loss but that failed to undermine a solid result for 2025 for the A.P. Moller-Maersk Group. Q4 While the...
DHL Group pushes sustainability credentials
DHL GROUP says it has marked key milestones towards decarbonisation meeting the objectives of its sustainability roadmap announced last year. The initiative includes sustainable...
