The Port of Brisbane is Australia’s third largest multi-cargo port. Last year its supply chain contributed approximately $7.8 billion to the Queensland economy and supported almost 63,000 jobs. The Port’s economic contribution to Queensland is expected to continue its growth. A report by Deloitte Access Economics found that by 2032, the Port and its supply […]
Taipei, 22 July: Work continued on Saturday to recover about 600 containers that fell into the ocean after the containership Angel sank while anchored off Kaohsiung port. The ship sank from the stern and with only its bow still above water, a large number of containers fell overboard. The Kaohsiung Branch of Taiwan International Ports […]
Australia risks being priced out of international aviation as carbon pricing and other targets take effect, the Australian Airports Association (AAA) has said in a submission to the House of Representatives Standing Committee on Economics Inquiry into promoting economic dynamism, competition and business formation. In Australia, cargo makes up approximately 12% of the major airlines’ […]
‘Directed energy weapons’ are on the Australian Defence Force’s (ADF) wishlist – the military wants to build a ‘laser that can stop a tank’. However, strict procedures remain in place to ensure that only those with a lawful need to import electromagnetic (EM) weapons and their parts into Australia are able to do so, provided […]
The Assistant Minister for Trade, Tim Ayres, is in Auckland to attend the 7th meeting of the Commission of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). During his visit, he will also attend the Australia New Zealand Leadership Forum (ANZLF) in Wellington. The ANZLF will highlight the 40th anniversary of the Australia-New Zealand […]
Taiwan’s Evergreen Marine Corp is set to become the world’s fifth-largest container line as it confirms orders to build 24 methanol-enabled, dual-fuel 16,000-TEU (Twenty Foot Equivalent) container ships worth up to US$5 billion. The capacity increase means Evergreen will overtake Hapag-Lloyd for the no.5 spot globally, with vessels totalling more than two million TEU. It […]
On 22 July 2023, the world’s largest women’s sporting event, the FIFA Women’s World Cup 2023 (FWWC) will kick off across Australia and New Zealand. The Australian Border Force (ABF) has established Item 59 which provides duty-free entry to goods “for use in connection with international sporting events.” By-law No. 2320518 provides a ‘Free’ rate […]
Australia’s potential free trade deal with Europe has reached deadlock, with our trade minister, Senator Don Farrell, travelling to Brussels this week to negotiate. Even without an FTA, the EU is Australia’s third-largest trading partner, worth $97 billion in two-way trade in the past financial year. Europe is picking on Australia’s use of terms for […]
The use of “Smart containers” has skyrocketed in recent years – a trend that really took hold with the supply chain disruptions that followed the Covid-19 pandemic. Tracking the location of shipping containers around the world has become necessary, desirable – and now affordable – for shippers, vessel operators and box leasing companies. The container […]
Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80), have adopted the 2023 IMO Strategy on Reduction of Green House Gas (GHG) Emissions from Ships, with enhanced targets to tackle harmful emissions. The Summit was held from 03 to 07 July at the IMO’s headquarters in London, […]
