News
$500m logistics estate planned for Western Sydney
ASIA-PACIFIC logistics specialist Logos has acquired a logistics development site in Western Sydney, which it plans to develop into a $500 million logistics estate. Logos acquired...
Maersk expands Asia-Pacific footprint with US$4 billion acquisition
MAERSK has completed its acquisition of LF Logistics, a contract logistics company with capabilities across e-commerce and inland transport in the Asia Pacific region. Having...
Risk, resilience, and global thinking the focus of Ports Australia conference
DISCUSSIONS at first full day of events at the Ports Australia Biennial Conference positioned Australia’s ports sector within the international maritime landscape and encouraged...
NZ union calls for full investigation into man-overboard incident
A MARITIME union has called for an investigation into crew welfare and labour concerns after a seafarer was presumably lost overboard off the coast of New Zealand on the weekend....
Investment consortium pulls out of GeelongPort acquisition
A PRIVATE equity firm and industry super fund have withdrawn from a $1.2 billion deal to acquire GeelongPort. The Australian Competition and Consumer Commission announced on...
Industrial action concludes at Darwin Port, but negotiations continue
PROTECTED industrial action at Darwin Port has concluded following a Fair Work Commission conciliation conference, though negotiations are still progressing. Darwin Port workers...
Maersk to sell share in Russian port operator
MAERSK has agreed to sell its 30.75% shareholding in Russian container terminal operator Global Ports Investments. Maersk said on Monday its terminals business APM Terminals had...
$155 million drug haul intercepted at Port Botany
FOUR people have been charged over their alleged involvement in a $155 million drug shipment stashed inside a shipping container that arrived at Port Botany earlier this month....
Government supports empty container park trial in Melbourne
THE Victorian government has backed an initiative to enhance productivity in the truck arrival interface at empty container parks, and the plan involves participation from...
Shipping association pushes GHG proposals to IMO
THE World Shipping Council has made suggestions to the International Maritime Organization to ensure GHG regulations adequately drive the industry’s transition to alternative...
Maersk and container manufacturer terminate divestment agreement
MAERSK has announced its US$987 million divestment agreement with China International Marine Containers has fallen through. In September last year, A.P. Moller – Maersk confirmed...
TotalEnergies’ completes COSCO’s first biofuel bunkering
TOTALENERGIES Marine Fuels in July completed the first refuelling of a COSCO containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel...
Record $1.6 billion drug bust at Port Botany
POLICE and border authorities have executed a record-breaking drug bust after a tonne of methylamphetamine was found sealed inside shipping containers arriving at Port Botany. The...
Brown Marmorated Stinkbug season is almost here
BORWN Marmorated Stinkbug season is fast approaching, putting the shipping industry and its stakeholders on high alert. Between 1 September 2022 and 30 April 2023, seasonal...
Qantas Freight strong despite group's $1.9 billion loss
DESPITE reporting a loss before tax of $1.9 billion, Qantas said its air freight subsidiary has posted a record annual performance. Qantas released its results for the 2022...
