News
Yemen's Ansar Allah threaten US ships in Gulf of Aden and Red Sea
YEMEN’S Ansar Allah group, also known as the Houthi movement, intends to expand its targets in the region to include US ships. Global media have reported Ansar Allah plans to...
Singapore-based PSA sees record container throughput for 2023
SINGAPORE-based container terminal operator PSA International saw a record-breaking year in 2023. The company’s terminals handled a total of 94.8 million TEU across its port...
New CCO for global port agency firm
GLOBAL port agency and marine services company Inchcape Shipping Services has appointed Svend Stenberg Mølholt as chief commercial officer, effective 9 January. Mr Mølholt has...
Logs shift to rail in Tassie
OVER the past decade, there has been a 10-fold increase in logs transported by rail in Tasmania, according to the state government. From a base of a little more than 20,000 tonnes...
ICTSI commits to 2050 net-zero for scope 1 and 2 emissions
INTERNATIONAL Container Terminal Services has committed to achieving net-zero greenhouse gas emissions for its scope 1 and 2 emissions by 2050. ICTSI is the owner of the Victoria...
Pilbara Ports throughput sees small December decline
PILBARA Ports reported a total monthly throughput of 66.5 million tonnes of cargo for December 2023. This throughput was a 1% decrease compared with December 2022. The Port of...
Record year for container throughput in Singapore
ANNUAL vessel arrival tonnage at the Port of Singapore exceeded three billion gross tonnes in 2023, setting a record for the port. Singapore’s acting minister for transport Chee...
TasPorts pilots vote in favour of industrial action
MARINE pilots working for TasPorts have voted in favour of taking industrial action against the corporation. Participating pilots (14 out of an eligible 15), represented by the...
Disruption deepens at DP World as dispute with MUA ratchets up (updated)
DISRUPTION at DP World’s Australian container terminals has increased on Friday (12 January) as the company commenced its policy of not tolerating partial work bans in its ongoing...
US and UK launch strikes against Houthis after "largest attack to date"
THE UNITED States and United Kingdom launched strikes against Houthi military targets on Friday in response to continued attacks against shipping in the Red Sea. Australia was one...
Maritime bureau flags "concerning rise" in piracy
THE ICC International Maritime Bureau has reported an increase in maritime piracy in 2023, and the first successful Somali-based hijacking in years. The IMB annual report recorded...
MSC cargo aircraft enters operation
ATLAS Air has taken delivery of a freighter aircraft, which it will operate on behalf of MSC. The Boeing 777-200 freighter entered operation on 11 January and would complement MSC...
Baltic Exchange weekly report
THE BALTIC Dry Index fell over the past week to 1460 on Friday 12 January – a decrease of 30% on the previous Friday’s index. This past Friday marked the lowest point for the...
World Container Index skyrockets
THE DREWRY World Container Index increased by 15% this past week to $3072 per 40-foot container. The composite index has increased by 44% when compared with the same week last...
Maersk to bypass Panama Canal with “land bridge”
MAERSK is deploying a “land bridge” in Panama to mitigate issues with the drought-affected canal. Based on current and projected water levels in Gatun Lake, the Panama Canal...
