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Surge in idled box tonnage
The size of the laid-up container fleet has surged as of mid-January to 268 vessels at a total of 676,000 teu.
Dredging on again at Gladstone
Gladstone Ports Corporation (GPC) has resumed dredging in the Western Basin.
Master and crew face murder charges
Charges of murder have been laid against the master and ten other people after the sinking of the 44-year old, 800 gross ton ferry, Spice Islander 1.
Box trade up at Port Botany in December
Container volumes through Port Botany in December rose 1.3% from same period last year to almost 174,000 teu.
Big-ticket box line mergers unlikely
Box lines will not be drawn into a fresh round of mergers and acquisitions despite weak freight rates driving them deep into the red, says shipping analyst Drewry.
