MUA TO TAKE INDUSTRIAL ACTION AT FREMANTLE
THE MARITIME Union of Australia – WA branch will take protected industrial action at Fremantle Port from Friday 7 March until Friday 11 April. Members have voted to take the...
BAD WEEK FOR MARINE INCIDENTS
INCIDENTS last week emphasised the ever-present perils of the sea. On Tuesday [25 February] Princess Cruises’ Crown Princess, while sailing in NZ’s Fjordland near Milford Sound,...
NZ TREASURY REVEALS IREX EXIT COSTS
THE NZ GOVERNMENT made a NZ$300 million provision for settlement of claims arising from finance minister Nicola Willis’s December 2023 decision to cancel the iReX Cook Strait...
PACBASIN REPORTS STABLE RESULTS IN UNEVEN YEAR
PACIFIC BASIN, prominent operator of handysize and supramax bulkers especially in Australasian trades, has described “an unusually flat market” in delivering its 2024 results....
KIWIRAIL TAKES HIT TO BOTTOM LINE
A NATIONAL freight downturn in a soft domestic economy, and a series of one-off events, contributed to a fall in KiwiRail’s bottom line in the half year to 31 December 2024...
ALFRED NOW EXPECTED TO CROSS QLD COAST
THE BUREAU of Meteorology is now expecting Tropical Cyclone Alfred to cross the Queensland coast between Brisbane and the Sunshine Coast sometime from tomorrow onwards. Under...
EURO TECH COMPANIES LAUNCH SMART CONTAINER ALLIANCE
A GROUP of supply chain smart technology providers has united to form the Smart Container Alliance, a body to drive the adoption of smart container technology. The...
TASSIE BRINGING SPIRIT IV HOME
BASS STRAIT ro-pax Spirit of Tasmania IV will leave Scotland for its home state after the Tasmanian Government directed owner TT Line to abandon negotiations to lease the ship...
RECORD REVENUE FOR BHAGWAN MARINE
PERTH-based marine services company, Bhagwan Marine has reported record first half revenue of $154.1 million. Australia’s biggest Australian Stock Exchange listed marine services...
CONOCOPhillips approved to drill in Otway Basin
CONOCOPhillips plans to drill up to six exploratory gas wells in the Otway Basin, 20 kilometres off the coast of Victoria and 33 kilometres from King Island, Tasmania. The project...
World Container Index continues to fall
DREWRY's World Container Index decreased 6% to $2,629 per 40ft container this week. Source: Drewry World Container Index, Drewry Supply Chain Advisors The index is now 75% below...
Torres helo prang
TWO HELICOPTER PILOTS employed by Torres Pilots’ marine pilots transfer contractor Flyon have survived uninjured a crash aboard the bulk carrier Star Coral off the Queensland...
DIRECT FLIGHTS BOOST MALAYSIA TRADE WITH SOUTH AUSTRALIA
DIRECT Malaysia Airlines flights from South Australia to Kuala Lumpur have unlocked 75 tonnes of direct air freight capacity. Taking advantage of the $1 billion export markets for...
PORT OF TAURANGA BOUNCES BACK
DESPITE what it warns is a sluggish domestic economy NZ’s Port of Tauranga sees signs of early recovery in some areas as it turns in a strong performance for the six months to 31...
BRISBANE SHORT-TERM CLOSURES TO CONTINUE
PILOT TRANSFERS for vessels arriving and departing the Port of Brisbane will be suspended again tomorrow morning, two hours either side of low water, and the restrictions are...
