News
King Island shipping service changes are successful: TasPorts
THE Bass Island Line vessel John Duigan has doubled the average number of containers carried per voyage since a new model of service was introduced, according to the vessel’s...
Employer group welcomes Vic budget infrastructure spend
THE AUSTRALIAN Industry Group, a peak employer association, has welcomed the infrastructure funds announced in Victoria’s state budget this week. AI Group Victorian head Tim Piper...
Maersk reports colossal profits for Q1 2022
“THE BEST earnings quarter ever” is how A.P. Moller - Maersk CEO Søren Skou described his company’s first-quarter 2022 financial results. The company reported record results for...
Funding secured to build grain export facility at Port Spencer
CONSTRUCTION on a $250-million grain export facility at Port Spencer on the Eyre Peninsula is slated to begin next month after Peninsula Ports secured funding for the development....
Vic budget to fund container rail mode share scheme and more
THE VICTORIAN state government’s budget for 2022-23 includes $3.5 million for the Mode Shift Incentive Scheme, which, the government says, will remove the equivalent of 28,000...
WA rail freight network to receive $200 million investment
WESTERN Australia’s regional rail freight network will soon receive $200 million in funding across four projects aimed at connecting the state’s agricultural supply chains. The...
Global schedule reliability improves slightly in March
SHIPPING data analyst Sea-Intelligence has reported an improvement in schedule reliability based on an analysis of 34 different trade lanes. It said global schedule reliability is...
New CFO for Aussie logistics company
AUSTRALIAN freight and logistics operator Wiseway has appointed a new chief financial officer. Chris Scholtz has stepped into the role, effective immediately. Mr Scholtz has...
Federal election must prioritise national supply chain, ALC says
THE AUSTRALIAN Logistics Council has called for a more sustainable and efficient freight and logistics supply chain ahead of the upcoming federal election. The ALC said it has...
IMO adopts resolution to evacuate seafarers from Ukraine
THE INTERNATIONAL Maritime Organization has adopted a resolution to facilitate the evacuation of seafarers from the Black Sea and Sea of Azov. Adopted by the IMO Maritime Safety...
Man sentenced for smuggling 10 million cigarettes in shipping container
A VICTORIAN man has been sentenced to three years in prison for smuggling 10 million cigarettes in a shipping container. The container, declared to have contained office...
VICT announces infrastructure fee hike
VICTORIA International Container Terminal is increasing its infrastructure charge on 1 July. The automated container terminal at the Port of Melbourne’s Webb Dock is upping the...
Swire Shipping affiliate to acquire Westwood Shipping Lines
SWIRE Shipping has announced its affiliate SSPL US has signed a definite agreement to acquire Westwood Shipping Lines, an independent vessel operator based in the United States....
Kuehne+Nagel reports big 1Q 2022
KUEHNE + Nagel’s results for the fist quarter of 2022 was marked by big increases in turnover, earnings and profit. The company’s net turnover increased by 68% to CHF 10.2 billion...
CTAA slams Hutchison levy hikes
HUTCHINSON Ports Australia’s announcement of an increase to its infrastructure levy last week has been received with concern by the Container Transport Alliance Australia. Under...
