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Posted by Allen Newton
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26 Aug, 2026
The vessels are engineered to load at high rates, operate in shallow waters, and safely conduct ship‑to‑ship transfers — a capability that only a small number of ports worldwide use at this scale.
MinRes CFO Mark Wilson in the fourth quarter investors call said the transhippers were performing well.
A quarterly transhipper loading record of 9.8M wmt (100%) was achieved in Q4. This was achieved despite a sweeping campaign in the berth pocket during June to manage sediment build-up.
A dredging campaign is scheduled for early Q2 FY27, which a MinRes spokesperson said would have minimal impact on volumes.
On the call Mr Wilson said other highlights included the arrival of the sixth transhipper in May.
“With the seventh transhipper, our marine logistics system will have greater flexibility and redundancy as we move into FY27,” Mr Wilson said.
Executive general manager marine Jeff Weber said Karri's arrival marks the completion of the transhipping fleet, which remains a key part of the Onslow Iron project.
“We're thrilled to take delivery of MinRes Karri, which was built with several safety and production improvements identified as Onslow Iron evolves,” Mr Weber said.
