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Oil-slick ship has history of multiple navigation deficiencies

Fully-containerised ship Rena, which grounded on a New Zealand reef and is leaking hydraulic oil, has a long history of deficiencies related to the safety of navigation.

Oz records bumper exports and trade surplus

Exporters shrugged off worries of a global recession, bad weather and the strong Oz dollar by shipping out huge volumes of high-value cargo – the second highest on record – in the month of August, according to figures released this morning by the Australian Bureau of Statistics.

Unions pledge to put pressure on Port Otago

Unions have called on local government authorities to intervene and block plans by Port Otago to cut jobs.

ACCC decision paves way for port access arrangements

Cooperative Bulk Handling Group (CBH) has welcomed the Australian Competition and Consumer Commission (ACCC) announcement about access arrangements at its port terminals in Western Australia.

Excess tonnage stalls global box freight rates

GLOBAL container freight rates in the second quarter of 2011 remained static as yields in the transpacific and Asia-Europe trades continued to suffer the effect of deployed vessel supply outpacing demand.

‘Lousy’ maths means EEDI should be scrapped

A GERMAN study has concluded that the International Maritime Organization’s Energy Efficiency Design Index (EEDI) still suffers from fundamental flaws that will lead to distortions in the market.

Maersk Line assimilates Safmarine

Southern Africa specialist Safmarine is to merge its management activities into sister line Maersk Line, with its corporate headquarters in Antwerp closing and chief executive Tomas Dyrbye stepping down.