The week in bulk: BDI falls, headwinds in Capesize and Panamax markets
THE Baltic Dry Index fell off a bit of a cliff last week, with a precipitous decline over the five days to Friday. The BDI was 2681 on Friday (27 May), which is a decrease of 20%...
Fremantle Ports announces funding for Victoria Quay enhancements
FREMANTLE Ports announced it would spend $7.5 million on enhancements to public amenities on Victoria Quay in the next two years. The funds will be spent on improving shade,...
New management for facility at the Australian Marine Complex
THE Western Australian government announced that ASX-listed Ventia Australia is to take on the role of operator and facilities manager for the Common User Facility at the...
The week in bulk: BDI continues climb
THE Baltic Dry Index continued its rise last week, hitting 3344 on Friday (20 May). This was an increase of 8% on the previous Friday’s number (3104). The last time the BDI was...
Colossal amount of renewable energy is required to decarbonise shipping
NEW data has revealed how the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use....
Forward focus needed for Australian freight
By Philip Davies, chair, Australian Logistics Council OVER the last three years, the resilience of Australians has been severely tested. Meeting challenge after challenge and...
Charles Black Scholarship for 2022 awarded to Lachlan Bird
AUSTRALIAN Maritime College student and aspiring maritime engineer Lachlan Bird was announced as the 2022 recipient of the University of Tasmania’s TasPorts Charles Black...
DCN Magazine May edition: Feature Focus – Breakbulk and project cargo
The May 2022 edition of the DCN magazine is now available to read online! In this edition our main features are: Breakbulk & project cargo - An analysis of the past 12 months in a...
Port-B4C habitat management project gets funding boost
PORT of Brisbane and the Brisbane Creek Catchment Coordinating Committee (B4C) are to transform a section of highly degraded waterway corridor within the Bulimba Creek Catchment...
Melbourne sees March decline in container throughput
PORT of Melbourne reported a decline in total container throughput in March – driven by declines in both import and export containers, and a big decline in empty container...
The week in bulk: Positive week for Capesize market
THE Baltic Dry Index remained fairly flat over the past week, showing very modest week-on-week gains. The BDI on Friday 29 April was 2404, up 4% on Friday the previous week (22...
The week in bulk: Upward turns in the global bulk markets
LAST week, the Baltic Dry Index reversed a shallow downward trend and lifted slightly. The BDI on Friday 22 April was 2307, up 8% from the previous Thursday (14 April), when the...
Ports Australia conference to explore risk and resilience
THE PORTS Australia Biennial Conference is back on the agenda after a COVID-19 hiatus. It is to be held in Brisbane over 30 August through 1 September. The conference will focus...
PIL launches new weekly service
PACIFIC International Lines is launching a new weekly service between Singapore and the Indonesian port of Surabaya. The company said the new service would expand its presence in...
Japanese biofuel tug test
NYK and its affiliate Sanyo Kaiji have started a continuous three-month test using biofuel supplied by Toyotsu Energy Corporation in tugboats. The biofuel will be supplied...
