ZIM Plans IPO on New York Stock Exchange
ISRAELI shipping company ZIM Integrated Shipping Services has notified the US Securities and Exchange Commission of its intention for an initial public offering of its ordinary...
Kuehne+Nagel completes contract logistics restructure
WITH the completed divestment of a major part of its United Kingdom contract logistics portfolio to XPO Logistics, Kuehne+Nagel has completed the restructuring of this business...
UK freight shipping costs quadruple after Brexit
AFTER Brexit and a virulent new strain of the coronavirus complicated supply chains, the cost of moving freight from France to the United Kingdom surged to more than four times...
New round of tariff cuts takes effect in new year
NEW TARIFF cuts came into effect on 1 January through Australia’s network of free-trade agreements. The new trade minister, Dan Tehan, said the latest round of tariff cuts would...
STS crane modifications can boost crane capacity
CRANE specialist Konecranes has introduced reach and height modernisations for ship-to-shore equipment to help operators to adapt to swiftly changing demand and ship sizes....
Livestock carrier crew in quarantine after positive COVID tests
THE livestock carrier Diamantina arrived at Darwin’s East Arm Wharf on 27 December after a journey from Indonesia. On 28 December, a 25-year-old crew member onboard the vessel...
HAPAG-LLOYD ORDERS SIX MEGA-VESSELS
HAPAG-LLOYD has signed an order for six ultra large container vessels, an investment of about US$1bn. Daewoo Shipbuilding & Marine Engineering will build the vessels and deliver...
Evergreen ship loses 36 containers at sea
EN ROUTE to Los Angeles from the Port of Busan on 30 December, Evergreen Marine’s container ship Ever Liberal lost 36 containers over board. In a statement issued on 2 January,...
Key port rail link to be reopened
THE Australian Rail Track Corporation is to reopen a single track section of the Moss Vale Unanderra line, near Dombarton, from December 22 to help return train services to and...
Protected industrial action at DP World Fremantle
STEVEDORE DP World Australia has issued a notice confirming protected action by the Maritime Union at its Fremantle terminal. “We regret the Maritime Union of Australia has given...
ACCI CEO to resign
AUSTRALIAN Chamber of Commerce and Industry president Ray Sputore has announced the resignation of CEO James Pearson. Mr Sputore said James will end his tenure with ACCI on 9...
Sextant guides Aussie maritime expert to high honours
AN INNOVATIVE product called ‘The Modern Sextant’ was the winning entry in the International Harbour Masters Association ‘pitching’ competition. The entry was from Nick ‘Crummy’...
LINX and Höegh extend partnership
LINX Port Services has announce the continuation of a partnership with Höegh Autoliners for another five years. This relationship reflects what the parties say is “a positive...
TWU sounds alarm over truck delays at Victorian border
CHRISTMAS stocks face delays owing to delays at the New South Wales – Victorian border, the Transport Workers’ Union is warning about delays to stock for Christmas as trucks again...
Big coin to be spent on national infrastructure
THE Australian Logistics Council has welcomed $225bn national commitment to infrastructure projects from state governments, to be delivered over the next four years The 2020...
