LPG tanker Victoire breaks down in Bass Strait
The LPG tanker Victoire has broken down in Bass Strait and is drifting north-east but currently not at risk. The Australian Maritime Safety Authority confirmed that about 1600 on...
Sea-Cargo and Norsepower continue collaboration with two RoRo’s
WIND propulsion technology company Norsepower and long-term partner Sea-Cargo have strengthened their partnership with a repeat order for two additional vessels. The Norwegian...
No dedicated lookouts on collision vessels
THE INTERIM report of the UK’s Marine Accident Investigation Branch into the 10 March collision between containership Solong and tanker Stena Immaculate has revealed neither...
Landbridge maintains ‘not for sale’ position
CHINESE company Landbridge, the leaseholder of the Port of Darwin, has reiterated the business is not for sale and says neither it nor the port company has been involved in any...
Construction to begin on sail-powered container ship
CONSTRUCTION is set to begin on a “world’s first” open-hatch sail-powered container ship developed by French company Windcoop. The company confirmed that, following four years of...
Baltic Exchange Weekly Report - 4 April 2025
THE BALTIC Dry Index has fallen again during the week, landing at 1489 on Friday 4th April. Capesize The Capesize market started the week slowly due to the Hari Raya Puasa holiday...
Zespri cooking on all burners
NEW Zealand kiwifruit exporter Zespri and conventional reefer vessel specialist Fresh Carriers Co have completed the first ever biofuel kiwifruit charter, powered by a...
Final sinking report finds additional causes
THE FINAL Court of Inquiry report into the loss of the HMNZS Manawanui off Samoa on 5 October 2024 has confirmed the principal cause was the failure to disconnect the vessel’s...
World Container Index – 3 April 2025
DREWRY'S World Container Index increased 2% to USUS$2208 per 40ft container this week, 79% below the previous pandemic peak of US$10,377 in September 2021. Source: Drewry World...
Government, Opposition pledge to reclaim Darwin
BOTH MAJOR PARTIES in the Federal Election have declared an intention to cancel the Chinese company Landbridge’s 99-year lease of the Port of Darwin and find new commercial...
Rio buys WA-made railcars for Pilbara mines
THE FIRST of 100 locally made iron ore railcar wagons has been built for iron ore giant Rio Tinto’s Pilbara operations. Built by Gemco Rail at its Forrestfield premises in the...
Rates merry-go-round continues
WITH Drewry's World Container Index taking a modest U-turn this week, spot rates between China and Australia have continued their modest recovery, encouraging carriers to attempt...
Emirates launches ‘game changing’ Melbourne-Dubai service
EMIRATES has launched its third non-stop Melbourne-Dubai service, marking the debut of Emirates’ newly four- class retrofit Boeing 777-300ER to Australia. The launch means...
Aranui cruises to get second ship
TAHITI”S Aranui Cruises will introduce a second ship to its fleet for the first time, with construction of a new passenger/cargo ship vessel underway at Huanghai Shipbuilding...
Baltic Exchange launches marine fuel equivalence converter
BALTIC Exchange has launched the maritime industry’s first-ever Fuel Equivalence Converter, intended to simplify the commercial and operational impact assessments of alternative...
