News
World Container Index sees first uptick in months
DREWRY’S World Container Index increased 4% this past week, reversing a steady downward trend which began more than three months ago. The composite index on 31 October was $3213...
Day two of Ports Australia conference underway
DAY two of the Ports Australia Biennial Conference in Hobart explored supply-chain efficiency, future energy and offshore wind. The conference wraps up today (31 October) with the...
Maersk secures long-term methanol deal
A.P. Moller – Maersk has announced its entry into a long term bio-methanol offtake agreement with LONGi Green Energy Technology, a Chinese-based photovoltaic manufacturing...
Liner Shipping Game workshops to be hosted across Australia
MPC International has today (31 October) announced its new partnership with GHD, a professional services company specialising in engineering, architecture, and construction...
Port Kembla sees new pilot ladder training facility
THE PORT Authority of New South Wales has announced it has developed a brand-new pilot ladder training facility in Port Kembla, to allow maritime professionals and trainees to...
Gemco Rail sets down WA roots
THE WESTERN Australian state government has awarded railcar manufacturer Gemco Rail more than $340,000 to help build 40 iron ore rail wagons. The funds will be used to upgrade...
Spirit’s Scottish sojourn confirmed
TT LINE outgoing chief executive Bernard Dwyer has confirmed Spirit of Tasmania IV will be transferred from builder RMC in Finland to the port of Leith in Scotland, pending a...
Paddy Crumlin re-elected President at ITF congress
THE INTERNATIONAL Transport Workers Federation (ITF) has held its 46th Congress in Marrakech, Morocco this month, marking the first time the global congress was held in the Arab...
ABS explores potential of nuclear-powered LNG carriers
THE AMERICAN Bureau of Shipping (ABS) has released a report on the potential of using advanced nuclear technology in maritime applications, with a study of a small modular reactor...
China-Australia rates bounce
THERE WAS a slight recovery in spot rates between China and Australia (Shanghai-Melbourne) in the third week of October, after several weeks of (mostly) falls. The Shanghai...
New Chair for Port of Melbourne
PORT OF MELBOURNE will have a new board chair from 1 March 2025 when Debbie Goodin succeeds the long-serving John Stanhope, who has led the port since its privatisation in late...
Record seven-year resources growth for WA
MINERAL and petroleum sales of $238 billion, strong exploration spending and record gold sales have helped push Western Australian jobs growth for a record seventh year. The...
Babcock opens new Adelaide facility
BABCOCK Australasia has announced the opening of its new facility in Adelaide, South Australia, which will see its maintenance, manufacturing, and repair footprint in the state...
First settlement reached with Dali interests
THE FIRST of at least sixty cases brought against the owners and managers of the containership Dali has been settled. The US Department of Justice on Friday [25 October] announced...
Two imprisoned over historic meth shipment
TWO United States nationals have been sentenced in the Melbourne County Court for their roles in the attempted importation of over 1.7 tonnes of methamphetamine in 2019....
