Growth forecast for agriculture value in 2024-25
THE AUSTRALIAN Bureau of Agricultural and Resource Economics and Sciences forecasts a 4% increase in the gross value of agricultural production this financial year. ABARES’...
CentrePort releases annual financial results
NEW Zealand’s CentrePort Wellington has released its financial results for the financial year 2023-24 (FY24), reporting positive growth. CentrePort has reported the highest gross...
Two sailors rescued off NSW coast
TWO sailors were rescued from a yacht yesterday (3 September) that was caught in adverse weather off New South Wales’ coast. The two individuals, a man and woman reportedly aged...
Container lines still seizing the day
DESPITE WHAT is being described internationally as a “correction” in container freight rates ANZ trades are still seeing notifications of general rises, peak season surcharges and...
Breakdown forces Maersk vessel shuffle
TECHNICAL PROBLEMS with the 3194 TEU Maersk Bali, employed on the company’s OC1 service between ANZ and East Coast North America, have seen the trans-Tasman Polaris service vessel...
Tug heading to grounded barge
MMA OFFSHORE’s Port Taranaki-based anchor-handling tug supply ship (AHTS) MMA Vision is en route to Westport on NZ’s South Island West Coast to begin recovery attempts on WMS...
Extra extras as more carriers add sailings
DESPITE GLOOM in some sectors of the retail economy and overall growth slowing to a crawl, ongoing demand for Chinese imports is seeing more extra-loader sailings added by...
DP World enters world of fashion and retail
DP WORLD has completed the acquisition of global supply chain provider Cargo Services Far East, the global port operator announced yesterday (2 September). Hong Kong-headquartered...
New NZ coastal trader aground
JUST WEEKS after entering service WMS Group’s 98-metre Manahau was driven aground by strong winds on Saturday night (31 August) and remains ashore at Carters Beach on the South...
China volumes lure extra-loaders
WHILE Drewry’s World Container Index continues to fall – this week by another 3% - rates in the China-Australia trade are reportedly nudging year-long highs and demand remains...
Storms disrupting shipping, port work
“A CONVEYOR BELT of cold fronts” sweeping the southern half and east coast of Australia has seen shipping schedules severely disrupted as vessels seek shelter from gale-force...
Kenwick terminal marks next step on the way to Westport
THE NEW Kenwick Intermodal Terminal just outside Perth will support the movement of up to 200,000 shipping containers each year. Funded by the Australian and Western Australian...
Leeuwin II assessments underway, Maersk Shekou remains at port
THE WAKE of the allision between a Maersk container ship and an 1850s-style Barquentine that occurred last week has produced a flurry of developments as both vessels see continued...
PIANC APAC 2024: Ports in a changing world
THE PIANC Asia Pacific Conference in Sydney this past week featured insights into challenges across the global ports landscape, with a focus on connecting Asia Pacific ports in a...
Lyttelton Port releases mixed financial results
LYTELLTON Port Company has released its results for the 2023-24 financial year (FY24), posting a mixed report of both earnings and decreases. The company returned underlying net...
