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Aus-flag ships account for 28% of marine accidents

Commercial vessels registered in Australia accounted for about 28% of all commercial marine accidents in Australian waters over a five year period, data analysis from the Australian Transport Safety Bureau shows.

CBH process gains favour with ACCC

Australia’s competition watchdog says Cooperative Bulk Handling’s existing port access arrangement in WA “should be retained.”

PFL’s juggling act to meet cargo demand

Pacific Forum Line (PFL) has advised customers that its vessel Southern Lily 2 has been delayed because of “unprecedented cargo demand”.

Mullen confident of Asciano’s progress

Asciano chief executive John Mullen says rates of container movement should exceed the gross national product growth rate during the coming five years.

China dominates busiest boxport list

Shanghai has become the world’s busiest boxport, according to the Top 100 Container Ports list, published by Cargo Systems, a sister publication to Lloyd’s List DCN.

Dry bulk fleet utilisation likely to dip

Norwegian Investment bank Arctic Securities expects bulk carrier demand to average 426m dwt this year against a supply of 565m dwt.

Libya remains high-risk nation for shipping

Libya is to remain on the Joint War Committee’s list of high-risk areas until a period of calm has prevailed, the Lloyd’s Market Association has confirmed.