Bulk carrier seized by Sweden after cable incident
YET ANOTHER vessel has been detained following a over a suspected case of sabotage in the Baltic Sea, this time for damages to a communications cable running between Sweden and...
DP World and NSW Ports to expand Port Botany rail capacity
DP WORLD and NSW Ports have announced a co-investment of $400 million to expand the rail terminal at Sydney’s Port Botany. The move will see capacity at the improved facility more...
Baltic Exchange weekly report - 24 January 2025
THE BALTIC Dry Index plummeted this past week, from 957 on Monday to 778 on Friday (24 January). The Baltic Dry Index for the week ending Friday 24 January 2024. Source: Baltic...
Fremantle to follow in Canary Wharf footsteps
FREMANTLE Harbour will follow in the likes of port redevelopments such as Barangaroo (Sydney), Canary Wharf (London), and HafenCity (Hamburg) in the wake of the shift of the...
TasPorts joins forces to tackle oil spill
A COORDINATED response effort remains underway in Tasmania to address an oil spill at Lake Rosebery in Tasmania’s west. TasPorts is working alongside Environmental Protection...
Investor interest in failed FSG
PROVISIONAL insolvency administrators for Flensburger Schiffbau Gesellschaft, the collapsed German shipyard building Searoad Shipping’s new Bass Strait ro-ro, say they have...
PBPL energy network goes live at Port West Stage 2
THE PORT of Brisbane embedded energy network has gone live at PBPL’S Port West Industrial Estate (Stage 2). The embedded network allows Port of Brisbane to supply 100% renewable...
World Container Index takes a dive
DREWRY’S World Container Index decreased 11% to US$3445 per 40-foot container this week. The composite index is now 67% below the previous pandemic peak of US$10,377 in September...
Early phase of cable investigation nears completion
THE EARLY phase of the criminal investigation into the Estlink 2 cable rupture incident is nearing completion, Finnish authorities have confirmed. Finalnd’s National Bureau of...
Positive 2024 crew happiness trend reverses in Q4
THE LATEST quarterly figures from the Seafarers Happiness Index show a break in a positive trend seen throughout 2024. A drop from 7.16 in Q3 to 6.91 in Q4 marks the first decline...
WA government wants control of freight rail
THE WEST Australian government wants to take back control of the state’s freight rail network Cook Government to enter negotiations to secure control of the freight rail network...
Fainted mariner prompts Pilbara heat warning
PILBARA Ports have warned arriving vessels to take precautions to protect mariners from extreme heat. A marine notice published by Pilbara Ports harbour master Mike Minogue, said...
New Harbour Master appointed for Geelong and Hastings
PORTS Victoria has announced it has appointed Kylie McDonald as the new Harbour Master for the ports of Geelong and Hastings (Western Port). After an international recruitment...
HD KSOE gets AiP for hydrogen tank tech
CLASSIFICATION society DNV has awarded an approval in principle to HD Korea Shipbuilding & Offshore Engineering (KSOE) for development of vacuum-insulated large-scale liquefied...
iReX manager joins NZ treasury
MASSIMO SOPRANO, formerly the Ships Programme Director at Kiwi-Rail’s government-cancelled iReX Cook Strait ferry replacement project, has returned to familiar territory with his...
