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Port of Melbourne reports container growth in February

In February, the total container throughput at the Port of Melbourne increased compared to the same month in 2023, reaching a total of 262,250...

Melbourne’s VICT proceeds with expansion project

Victoria International Container Terminal (VICT) recently completed Phase 3A of its expansion project. With the expansion of VICT, supersized ships can now sail directly into...

Port of Melbourne handles nearly 270,000 TEUs in January

The Port of Melbourne reported an increase in total container throughput for January 2024 compared to the same month last year, totalling 269,044 TEUs. Full...

Dockers stop ZIM boxship from berthing in Melbourne

A ship operated by ZIM Line has been held up by pro-Palestine unionists in Australia’s Melbourne port for five days now. The newly built 5,504...

Container trade declines in Melbourne

The Port of Melbourne announced its total container throughput in September reached 267,392 TEUs, translating to a 6.9% decrease from the same month last...

VICT handles largest boxship arriving in Australia

Port of Melbourne's Victoria International Container Terminal (VICT) welcomes the 10,000 TEU container ship CMA CGM Pelleas. In particular, at 350 meters in length, the...

Port of Melbourne issues sustainability linked loan

Port of Melbourne has recently completed a $475 million sustainability-linked loan (SLL), financed by a syndicate of 10 banks. The loan links to two sustainability...

Port of Melbourne appoints new CFO

The Port of Melbourne announced Leigh Petschel's appointment as the organization's new chief financial officer. Petschel will join the Port on 13 November after serving as...

July container volume down in Port of Melbourne

Port of Melbourne reported total container throughput, full and empty, in July 2023 were down against July 2022. More specifically, full container imports volumes were...

Port of Melbourne container volumes down in May

Port of Melbourne's total container throughput reached 254,310 TEUs in May, translating to a 6.3% decrease from the same month last year. Additionally, container volumes...
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Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...