Baltic Exchange Weekly Report - 26 August 2022
THE BALTIC Dry Index continued its downward spiral, propelled this week by plunging Capesize rates. The index ended last week at 1082, the lowest it has been in more than a year....
TotalEnergies’ completes COSCO’s first biofuel bunkering
TOTALENERGIES Marine Fuels in July completed the first refuelling of a COSCO containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel...
THE DCN WEEKLY: EPISODE 12
This week, Port of Melbourne continued working through its proposed capacity enhancement program, which has objectives to enable the development of a new container terminal and to...
Approval in principle for large-scale liquefied CO2 carrier
MITSUI OSK Lines has acquired approval-in-principle for the design of a large-scale liquefied carbon dioxide carrier from from Nippon Kaiji Kyokai (ClassNK). In June 2021, MOL...
Conflict in the South China Sea threatens 90% of Australia’s fuel imports: study
By Richard Oloruntoba, Associate Professor of Supply Chain Management, Curtin University; Booi Kam, Professor, RMIT University; Hong-Oanh Nguyen, Associate Professor, University...
The week in bulk: BDI hits lowest point in more than a year
THE Baltic Dry Index continued its weeks-long decline, hitting the lowest point in more than a year on Friday (19 August) when it hit 1279. A downward trend: the Baltic Dry Index....
THE DCN WEEKLY: EPISODE 11
The news this week ended with the launch of industrial action at Darwin Port. A dispute brewing over the past month led to work stoppages and a series of indefinite work bans as...
$1 million announced under round seven of Newcastle Community Contribution Fund
PORT of Newcastle CEO Craig Carmody on Tuesday joined parliamentary secretary for the Hunter Taylor Martin to announce the latest recipients of the Newcastle Community...
DCN Magazine August edition: Feature Focus – diversity & inclusion
The August 2022 edition of the DCN magazine is now available to read online! In this edition our main features are: Diversity & inclusion – A look at how we are building a more...
The week in bulk: In the doldrums
THE Baltic Dry Index continued its downward march over the past week. It wound up on Friday at 1477 – the lowest point since the beginning of February this year. The BDI started...
THE DCN WEEKLY: EPISODE 10
The news this week followed the efforts to salvage sunken TasPorts tugs York Cove and Campbell Cove from Port of Devonport's Mersey River....
Australian shipbuilder delivers Navy boat
ASX-listed Australian shipbuilder Austal has delivered the second of eight Evolved Cape-class Patrol Boats to the Royal Australian Navy. The vessel, ADV Cape Peron, has been...
Incat Crowther catamaran enters into service
The Incat Crowther-built ferry Indomal Empire has entered into service. The 255-seat passenger ferry is operating services on the Malacca Strait between Indonesia and Malaysia....
THE GRILL: Patrick Chan
What does your job at Victoria International Container Terminal involve? I’m chief commercial officer at VICT, so I look after the commercial side of the organisation. That...
The week in bulk: BDI continues decline
THE Baltic Dry Index saw a marked decline last week. The index ended the week on Friday (5 August) at 1560, the lowest point since February this year. The index fell 17% last week...
