World Container Index continues downward trend
DREWRY’S World Container Index decreased by 5% this past week to US$3010 per 40-foot container. The latest WCI is 112% higher than average 2019 (pre-pandemic) rates of US$1420....
Port privatisation contracts tabled in Parliament
THE NEW South Wales government on Thursday (21 March) announced treasurer Daniel Mookhey would table port privatisation contracts in Parliament. The treasurer set out to reveal...
Sayonara to NWS carriers
A SIGNIFICANT era in Australian shipping is coming to an end as the final four steam turbine LNG carriers of the North West Shelf Shipping Services Co deliver last cargoes from...
Smit Lamnalco back in Botany business
SMIT Lamnalco has returned to towage in Port Botany, undertaking the first work yesterday [19 March] in its own name since 2015. SL withdrew from the port that year, shortly after...
Wallenius Wilhelmsen has bumper-to-bumper 2023
GLOBAL PCTC and ro-ro operator Wallenius Wilhelmsen turned in record results in 2023, a year the company described as exceptional “financially, commercially, and operationally”....
New CCO at Svitzer Australia
SVITZER Australia has appointed Veronica Jensen as its new chief commercial officer for the Australia and PNG region. Ms Jensen started in the role this month and is based out of...
Friends of the Earth claims rigged, Esso says
ESSO Australia has issued a detailed rebuttal of claims by Friends of the Earth that is threatening the marine environment by short-cutting the decommissioning of Bass Strait oil...
Bulker caused "severe damage" at NT wharf
A BULK carrier which allided with wharf infrastructure on Groote Eylandt on Monday has caused “severe damage”, the Australian Maritime Safety Authority confirmed. Cyprus-flagged...
Freo finds there's no place like dome
FREMANTLE Ports has inflated a 40-metre high cement clinker dome at its Kwinana Bulk Terminal in the Outer Harbour, as part of an initiative to streamline import procedures. The...
Industry coalition calls for better consultation on strategic fleet
AN INDUSTRY coalition has called on federal infrastructure and transport minister Catherine King to commit to an “open and transparent” strategic fleet consultation process....
Man sentenced over 266kg air-freight MDMA haul
A MAN has been sentenced to 14 years’ imprisonment for his role in the importation of 266 kilograms of liquid MDMA in a consignment of wine bottles. The drugs were concealed in...
Fortescue, partners complete ammonia trial
AUSTRALIA’S Fortescue late last week completed the world’s first use of hydrogen-based ammonia as marine fuel, in the port of Singapore. The demonstration vessel Fortescue Green...
Opposition building to NZ live export backtrack
A PLAN by the New Zealand Government to soon resume live animal exports by sea has re-ignited opposition from several creature welfare groups. End Live Export NZ began regular...
Wharf damaged as cyclone bears down on NT
TROPICAL Cyclone Megan damaged a mining company’s wharf infrastructure as the weather system approached the Northern Territory coast on Monday. The category-three cyclone stirred...
Panama squeeze eases
THE Panama Canal Authority has opened up a few more daily transit slots as water levels gradually improve in the drought-stricken Gatun Lakes. The Authority this week said it will...
