Baltic Exchange weekly report
THE BALTIC Dry Index climbed steadily throughout last week. The index, which measures prices paid for transporting dry bulk, started the week at 1209, and ended the week at 1381...
Shipping summit to take place at COP28
SHIPPING industry kahunas will meet in Dubai for the Shaping the Future of Shipping Summit, which is connected to the UNFCCC Climate Conference COP28. The summit will take place...
GeelongPort opens expressions of interest for Corio Quay South site
GEELONGPORT is taking expressions of interest for a 38,000 square metre port parcel, located next to the Spirit of Tasmania terminal and the GrainCorp facility. The port said the...
Baltic Exchange weekly report
THE BALTIC Dry Index last week increased, hitting 1186 on Friday. However, the index has remained relatively flat since declining from a peak in late April. Capesize The Capesize...
World Container Index – 7 September 2023
THE DREWRY World Container Index decreased by 3.4% to US$1680.73 this past week. The composite index has dropped by 68.8% when compared with the same week last year. The latest...
Four weeks left to nominate for 2023 DCN awards
Daily Cargo News is gearing up for another great awards night this year to celebrate the achievements of Australia's maritime and logistics industry. The 2023 DCN Australian...
Chevron LNG workers escalate strike action
UNIONS representing workers at Chevron’s Wheatstone and Gorgon facilities have escalated industrial action with plans for an additional two weeks of work stoppages. The Chevron...
GeelongPort strengthens urea import processes
GEELONGPORT said its role in the urea supply chain is helping Australian farmers fertilise this year’s wheat and canola crops. GeelongPort facilitated the import of around 1.7...
World Container Index posts another weekly decrease
THE DREWRY World Container Index decreased by 1.6% to US$1739.59 per 40-foot container this past week. The WCI has dropped by 69.3% when compared with the same week last year. The...
THE GRILL: Eric Perez
Australasian Institute of Marine Surveyors CEO Eric Perez sat down for a chat about his affinity for agriculture, a podcast passion project and the correct way to eat WeetBix Tell...
MARITIME COUNTRY PROFILE: Yemen
War-scarred Yemen has come up against some huge maritime challenges in recent decades, including a time bomb in the form of a decayed supertanker A PERIOD of unrest in YEMEN...
Xeneta Shipping Index shows rates continuing to slide
LONG-term ocean freight rates slid in August, marking the 12th consecutive month of declines for carriers. According to the latest real-time data from the Xeneta Shipping Index...
Baltic Exchange weekly report
THE BALTIC Dry Index declined slightly last week to 1065. This was a decline of 1.4% on the previous Friday’s index of 1080. Capesize The Capesize market observed a shortened...
Chevron LNG workers give notice of industrial action
WORKERS at two LNG complexes have given notice of industrial action, which will start next week. According to reports, the two sites, Wheatstone and Gorgon, account for 5% of...
NYK to study liquefied CO2 transport
A CONSORTIUM of energy companies commissioned NYK to conduct a study on the marine transportation of liquefied carbon dioxide. The consortium comprises Japanese petroleum firm...
