Jim Wilson

Maersk has reported its financial results in Q3 2025, which the company describes as “strong”. Revenues stood at USD$14.2 billion (down from USD$15.8 billion in Q3 2024), earnings before interest taxation depreciation and amortisation were USD$2.7 billion (down from USD$4.8 billion) and earnings before interest and tax (a measure of profit) were USD$1.3 billion (down...

A vessel was attacked approximately 332 nautical miles east of Mogadishu, Somalia, earlier this week, the UK Maritime Trade Operations centre has revealed. The ship, reported to be a Cayman Island-flagged product tanker, was southbound. The master of the vessel reported that four unauthorised persons attempted to board the ship. According to the UKMTO report...

Gladstone Ports Corporation (GPC) is calling on the private sector to help deliver a transformative infrastructure project at the Port of Gladstone, with Registrations of Interest (ROI) now open for the development of a new container terminal. The Queensland Government Owned Corporation is calling for Australian or international investors, operators and stevedores to submit scalable...

Following the recent Presidential meeting in Busan South Korea, yesterday (30 October) between Presidents Trump and Xi, it appears an agreement has been made for the two sides to suspend their shipping levies for one year, alongside a variety of tariff cuts. The news was revealed in reporting by Xinhua, the Chinese State News agency...

Port of Gladstone has released a request for registrations of interest in developing a new container terminal. “Gladstone Ports Corporation Limited (GPC) is seeking Registrations of Interest (ROI) from suitably experienced private sector investors and operators to develop and operate a new container terminal and integrated logistics hub based at Port of Gladstone (PoG), Port...

It was a sold out out event at the Shipping Australia Queensland Gala Ball 2026  held at The Star Brisbane! Ably hosted by Australian Football League and Brisbane Lions legend, Simon Black, our guests were treated to a sumptuous dinner at a fabulous venue. Shipping Australia CEO, Capt Melwyn Noronha, addressed our guests. After acknowledging...

In light of recent developments, the Tripartite participating organisations reaffirmed their support to the International Maritime Organization (IMO) as the global regulator for international shipping, capable of delivering effective regulations in close collaboration with the maritime community. The Tripartite Forum of shipbuilders, shipowners and classification societies convened for their annual conference in Busan, South Korea,...

Researchers at Brunel University of London and Genuine H2 will split seawater into hydrogen, store it, and then burn it to power engines. As the product of hydrogen combustion is H2O (that’s water to me and you), the only emission will be steam. Led by Brunel’s Centre for Powertrain and Fuels and start-up Genuine H2,...

Weaker export conditions, difficulties with sourcing imports, and a more uncertain business environment that is hindering new orders and investment, are among the consequences for Australian businesses of US trade policy. The findings of the report, which was written by the Australian Industry Group, makes for “sobering reading”, according to the Group’s CEO, Innes Willox,...

A methane slip reduction rate of 98% has been achieved by three companies working on a project to develop tech to cut methane-slip for LNG ships. A portion of the methane in LNG fuel is emitted into the atmosphere unburned as methane. Since methane has a higher greenhouse effect than CO2, reducing methane slip is...