Jim Wilson
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Jim Wilson

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Fremantle situation is increasingly serious: Fremantle port is closed, supply chains are strained

Notice has been given to Fremantle Ports that Vessel Traffic Services Officers and Small Craft Personnel will carry out a 48-hour strike from 05:30am on...
Notice has been given to Fremantle Ports that Vessel Traffic Services Officers and Small Craft Personnel will carry out a 48-hour strike from 05:30am on Sunday 25 August. The local harbour master has also issued instructions that effectively close Fremantle port because of bad weather. The port is likely to re-open in time for the...
August 23, 2024

SAL MARKETWATCH: spot box freight rates continue to slide; major North American disruptions; India disruption looms

Box rates & demand Spot market box freight rates continue to decline. We have just witnessed the fifth consecutive weekly decline in the average composite...
Box rates & demand Spot market box freight rates continue to decline. We have just witnessed the fifth consecutive weekly decline in the average composite rate from its peak, which took place on 18 July at US$5,937 for a forty foot box. The composite rate now stands at US$5,319, according to the Drewry World Container...
August 23, 2024

Box terminal margins add about 40 cents a week to household expenditure, says Patrick

Container terminal charges only add about 40 cents a week to average household expenditure, box terminal operator Patrick has declared. Citing research by Synergies Economic...
Container terminal charges only add about 40 cents a week to average household expenditure, box terminal operator Patrick has declared. Citing research by Synergies Economic Consulting, Patrick adds that the operating margins of stevedores cannot be credibly said to be adding to cost-of-living pressures, which, Patrick argues, can be found in other areas such as...
August 23, 2024

Global Protectionism: Productivity Commission warns Albanese govt of policy risks

Prime Minister Anthony Albanese’s Future Made in Australia policies will likely lead to growing “behind-the-border” industry assistance, and a return to trade protection and industry...
Prime Minister Anthony Albanese’s Future Made in Australia policies will likely lead to growing “behind-the-border” industry assistance, and a return to trade protection and industry policy carries risks, the Productivity Commission has warned. While discussing a range of industry-support policies in various statements associated with the most-recent release of the annual Trade and Assistance Review,...
August 23, 2024

Federal Transport Minister announces reviews of the Shipping Registration Act and the Coastal Trading (Revitalising Australian Shipping) Act

Two simultaneous reviews into Australian shipping law have been launched by the Hon Catherine King MP, who is the Minister for Infrastructure, Transport, Regional Development...
Two simultaneous reviews into Australian shipping law have been launched by the Hon Catherine King MP, who is the Minister for Infrastructure, Transport, Regional Development and Local Government. Under the microscope are the Coastal Trading (Revitalising Australian Shipping) Act 2012 and the Shipping Registration Act. Coastal trading The Coastal Trading Act will be reviewed into...
August 23, 2024

AAL develops new monthly Asia-Europe multi-purpose cargo ship service

Multi-purpose, project cargo, and heavy-lift operator AAL has added a new monthly Asia-Europe liner service  and a monthly Med / Middle East / India service...
Multi-purpose, project cargo, and heavy-lift operator AAL has added a new monthly Asia-Europe liner service  and a monthly Med / Middle East / India service to meet growing demand. Eike Muentz, General Manager of AAL Europe explained: “We have listened to the market and increased our … multipurpose services to support a plethora of customer...
August 23, 2024

Industrial relations disruption at Fremantle

A 48-hour strike is about to get underway (the weekend of 17 and 18 August) and this will be severely costly. Disruption is likely to...
A 48-hour strike is about to get underway (the weekend of 17 and 18 August) and this will be severely costly. Disruption is likely to occur as shipping companies are likely to distribute cargo to far-distant ports and there will be considerable rippling and cascading effects across Western Australia and, likely, further afield. In relation...
August 16, 2024

Lloyd’s register & Core Power to conduct next generation nuclear containership study

Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would need...
Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would need to be established for a nuclear containership using a fourth-generation reactor noted for its high inherent safety to undertake cargo operations at a port in Europe.  Following initial planning, the...
August 16, 2024
World map with transport

OneStop & Intermodal Group (IMG) Strengthen Partnership with the Launch of Kenwick Intermodal Terminal

By: OneStop. OneStop, a provider of a platform for supply chain optimisation, has announced the expansion of its ongoing partnership with Intermodal Group (IMG) to...
By: OneStop. OneStop, a provider of a platform for supply chain optimisation, has announced the expansion of its ongoing partnership with Intermodal Group (IMG) to include their newest facility, the Kenwick Intermodal Terminal (IMT) in Western Australia. This collaboration will introduce OneStop’s solutions, OneStop Modal and Vehicle Booking System (VBS) at the new intermodal facility,...
August 16, 2024

TT Line Chairman Mike Grainger ousted by Tasmanian Government

It was a short and simple statement. “The Tasmanian Government has requested and accepted the resignation of the Chair of TT-Line, effective immediately,” Eric Abetz,...
It was a short and simple statement. “The Tasmanian Government has requested and accepted the resignation of the Chair of TT-Line, effective immediately,” Eric Abetz, the Tasmanian Minister for Transport and Michael Ferguson, Treasurer, said in a statement earlier this week. “It has become clear the relationship between the Government and the Chair has become...
August 16, 2024
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