FedEx Express opens Adelaide facility
INTERNATIONAL logistics company FedEx Express announced the launch of its new FedEx Adelaide South Australia facility. The company said it was to support what it says is “surging”...
Maritime charities to launch leadership training for seafarers
THE NAUTICAL Institute has partnered with The Seafarers’ Charity to develop training around the leadership and management skills of seafarers and those working ashore. The two...
VertomCory acquires Monson Agencies
LOGISTICS and shipping agency group VertomCory has acquired Australian Monson Agencies from Five V Capital. VertomCory said through the purchase, it is expanding its global...
AMSA leads maritime search for missing crew
THE AUSTRALIAN Maritime Safety Authority is co-ordinating a multinational search effort involving several merchant ships for the crew of a Chinese fishing boat. AMSA understands...
Baltic Exchange weekly report
THE BALTIC Dry Index saw a decline over the past week. The index was 1384 on Friday (19 May). It ended the previous week at 1558 on Friday (12 May). The BDI started last week...
Maersk Tankers welcomes new CEO
MAERSK Tankers as appointed a new CEO as the previous chief executive takes the helm at Maersk Supply Service. Tina Revsbech is now the CEO of Maersk Tankers, replacing Christian...
International Day for Women in Maritime 2023
TODAY is the second annual International Day for Women in Maritime, a day to celebrate women in the industry and raise the profile of women in maritime. The International Maritime...
Ammonia-powered ore vessels could be coming to WA by 2028: study
A NEW study from the West Australia – East Asia Iron Ore Green Corridor Consortium finds that ships powered by clean ammonia could be deployed on the iron ore trade routes between...
Höegh sources green ammonia
HÖEGH Autoliners and Norwegian green energy provider North Ammonia are partnering for the supply, distribution, delivery and consumption of green ammonia. In a statement, Höegh...
Transport minister to address maritime emissions reduction at global meeting
THE AUSTRALIAN government is participating in a global transportation meeting to discuss emissions reduction strategies in maritime, freight, rail and heavy vehicle sectors....
Hapag-Lloyd Q1 results down across the board
HAPAG-Lloyd has posted declines in revenue, freight rates and volumes for the first quarter of 2023. The company concluded the first quarter with an EBITDA of US$2.4 billion, down...
Sydney man sentenced for air freight meth haul
A SYDNEY man has been sentenced to 11 years in jail for his role in a plan to import 100 kilograms of meth into Australia in air cargo. The drugs were intercepted in Canada; the...
Baltic Exchange weekly market report
THE BALTIC Dry Index last week declined slightly after a mid-week peak. The index started the week at 1598, increased to the mid 1600s before ending the week at 1558 on Friday (12...
Decrease in world container index
DREWRY’S composite World Container Index decreased by 1% last week to $1741.44 per 40-foot container this week. The index has dropped by 77% when compared with the same week last...
New leadership for the Sea Cargo Charter
THE 36 signatories of the Sea Cargo Charter Association elected new steering committee members at its 2023 annual meeting held in Copenhagen. The Sea Cargo Charter is a global...
