Importers and exporters need to be aware that in recent months, container shipping lines have been implementing robust ‘capacity management’ controls to prevent what they call ‘rate erosion,’ as supply continues to outpace demand. This has led to space shortages due to the continued cancellation of voyages – also known as ‘blank sailings’ – which […]
Mr. Anthony Albanese has confirmed he is set to become the first Australian PM to visit China in seven years, after meeting with Chinese Premier Li Qiang on Thursday on the sidelines of the East Asia summit in Jakarta. He will travel to Beijing to meet the Chinese president, Xi Jinping, later this year. He […]
Australian Prime Minister Anthony Albanese has used a speech to the ASEAN summit this morning (06 September 2023) to release the government’s South-East Asian Economic Strategy, a blueprint aimed at driving trade and investment north into the region. Our trade with some ASEAN countries has stalled in recent years, despite the regional economy booming over […]
China kicked off construction of the 135km-long Pinglu Canal in the Guangxi Zhuang autonomous region in August. When completed, the canal will shorten the shipping distance from inland river systems to the sea by 560 km, versus going through Guangzhou. By creating a convenient and economical gateway close to Southeast Asia, the waterway also promises […]
The Department of Foreign Affairs and Trade (DFAT) and the Department of Agriculture, Fisheries and Forestry (DAFF) have both issued advice notices this week outlining the new trade opportunities available to Australian exporters under the Australia-United Kingdom Free Trade Agreement (A-UKFTA). Some of the barriers are being phased out gradually over a number of years. […]
The Department of Foreign Affairs and Trade (DFAT) has advised that Australian small and medium-sized enterprises (SME) are eligible to apply for grants under the Singapore-Australia Go-Green Co-Innovation Program (GGCIP). A virtual information session on the program will be held on 07 September 2023. This session will focus on the application process for Australian applicants, […]
The Just-in-Time (JIT) concept was a novel innovation for importers when Colless Young started operations in the early 1980s, and we worked closely with those clients who embraced it, to smooth out any hiccups in the system. With the arrival of the pandemic, however, came snags that are now lumped under the heading of ‘supply […]
Australian ports such as Brisbane and Sydney were early leaders in the adoption of automated container handling, and Melbourne’s fully automated Victoria International Container Terminal (VICT) has been at the cutting edge of automation. Last week Evergreen Shipping opened Taiwan’s first fully-automated container terminal equipped with remote-controlled gantry cranes. It incorporates 5G communication systems, optical […]
China Southern Airlines has announced that it will soon resume flights to Brisbane from China four times per week, growing to daily within two years. While the media attention has been on passengers, Queensland exporters will welcome the return of the direct air-cargo channel, which saw 11 thousand tonnes per year sent from BNE to […]
The car carrier Fremantle Highway, loaded with thousands of vehicles, first caught fire on 25 July and has now been towed to the Dutch port of Eemshaven, to assess what can be salvaged. On Sunday (13 August) another fire was reported on the South Korean containership KMTC Shenzhen, near Port Klang, Malaysia. These events serve […]
