World Container Index increases
THE DREWRY World Container Index increased by 6% this past week, reaching US$1461 per 40-foot container. The composite index has dropped by 32% when compared with the same week...
WA govt invests in Pilbara freight railcar manufacturing
THE WESTERN Australian government plans to set up a new centre in the Pilbara to boost local freight railcar manufacturing. The government on Thursday announced a $998,000 funding...
PIL and DP World to collaborate to reduce emissions
PACIFIC International Lines and DP World have singed a memorandum of understanding to develop ways to decarbonise global supply chains. The companies aim to help each other to...
Service makes inaugural call at multipurpose terminal
Meratus Line’s SBON service made its inaugural call at International Container Terminal Services’ East Java Multipurpose Terminal on Sunday (3 December). The weekly service is...
ICS launches second Engine Room Procedures Guide
THE INTERNATIONAL Chamber of Shipping has released the second edition of its Engine Room Procedures Guide. The second edition includes updates on future fuels and enclosed space...
MPA and US ports partner on Pacific green shipping corridor
THE MARITIME and Port Authority of Singapore has partnered with two US ports to develop a strategy for a green and digital shipping corridor across the Pacific Ocean. MPA unveiled...
Röhlig Logistics expands in Malaysia
RÖHLIG Logistics recently opened a new sales office in Penang, Malaysia. The logistics company said the opening of the new office at the end of October, has expanded the company’s...
DP World to build new container park at Port of Brisbane
DP World is building a new container park at the Port of Brisbane. The stevedore is building the project with partners Port of Brisbane, logistics real estate specials Logos and...
Air cargo demand increases in October
OCTOBER marked the third consecutive month of stronger year-on-year air cargo demand, according to the latest market data from the International Air Transport association. Global...
Höegh explores ammonia bunkering for Aurora fleet
HÖEGH Autoliners is looking into the supply of ammonia as a bunker fuel for the company’s upcoming Aurora Class fleet. Höegh signed a letter of intent with Japan’s Sumitomo...
Value of Aussie ag production to fall in 2023-24
THE AUSTRALIAN Bureau of Agricultural and Resource Economics predicts the value of Australian agriculture production will fall as increasing global supply and drier conditions...
MUA suspends DPW industrial action for 24 hours, more suspensions may come
THE MARITIME Union of Australia has called off its protected industrial action at DP World’s Australian terminals for today (Tuesday 5 December). The 24-hour suspension comes...
Victoria looks to boost trade ties with France
THE VICTORIAN government has signed a letter of intent with France to foster stronger trade and investment ties across a range of sectors. France’s Ambassador to Australia...
Commercial ships under fire in Red Sea
THERE has been another wave of attacks against ships in the Red Sea. The US military, cited by Reuters, reported on Sunday that three commercial vessels had come under attack in...
Maersk Tankers orders 10 very large ammonia carriers
MAERSK Tankers has put in an order for up to 10 very large ammonia carriers with Hyundai Samho Heavy Industries in South Korea. Japanese conglomerate Mitsui is to join as a...
