News
SEMINAR MAKING SHIPPING SAFER
MORE THAN 70 delegates from the Asia-Pacific and Indian Ocean region have been considering how to collaborate to make shipping safer in the region. The inaugural joint seminar to...
SPIRIT IV COMING HOME BUT NOW SPIRIT V MAY BE LEASED
JUST DAYS after confirming TT Line newbuild Spirit of Tasmania IV will be repatriated to Hobart from its Scotland sojourn transport minister Eric Abetz has floated the notion...
ALFRED DISRUPTIONS TO CONTINUE FOR DAYS
WITH SOUTH EAST Queensland and northern NSW now at the mercy of Tropical Cyclone Alfred port and maritime activity is at a standstill and likely to remain so, until the weekend....
LABOR PROMISES NEW ROTTNEST FERRY TERMINAL
A RE-ELECTED Labor government in WA would build a new Rottnest Island ferry terminal. The terminal would be part of a new tourism hub at the B Shed that would also provide a berth...
GOVT MILLIONS FOR MARITIME TRAINING
THE FEDERAL GOVERNMENT has committed almost $17 million to a new maritime skills and training initiative that will give up to 20 trainee seafarers each year, for four years,...
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...
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...
