PIL conducts inaugural bunkering of LNG boxship
PACIFIC International Lines (PIL) has successfully completed its inaugural liquiefied natural gas (LNG) bunkering of an LNG-powered container vessel at the Yangshan port in...
Vic freight highway slated for repairs
MAJOR repairs are set to begin next month on Victoria’s Sunraysia Highway – a freight route linking grain and produce farms to domestic and international export markets....
First settlement reached with Dali interests
THE FIRST of at least sixty cases brought against the owners and managers of the containership Dali has been settled. The US Department of Justice on Friday [25 October] announced...
Two imprisoned over historic meth shipment
TWO United States nationals have been sentenced in the Melbourne County Court for their roles in the attempted importation of over 1.7 tonnes of methamphetamine in 2019....
First Gold Valley iron ore heads for China
BULK CARRIER MV Sifnos carrying more than 78,000 tonnes of iron ore has set sail for China with the first Gold Valley shipment from Esperance port. The shipment demonstrated the...
Another record for East Swanson
JUST A WEEK after setting a benchmark for handling the largest ship by TEU capacity to navigate the River Yarra, Patrick’s East Swanson Dock is hosting another record-breaker. The...
TT Line ferry controversy refuses to die
LAST WEEK’S decision by the Tasmanian Government to accept expert advice and delay the introduction of TT Line’s new Spirit of Tasmania ro-paxes has, predictably, prompted a new...
WCI continues to tumble
DREWRY’S World Container Index continued its decline this past week, dropping 4% to US$3095 per 40-foot container on 24 October. The composite index is now 70% below the previous...
Port of Tauranga reports first quarter 2025 results
THE PORT of Tauranga has released its financial results for the first quarter of the 2024-25 financial year (FY25). The north island port, New Zealand’s largest, reported...
International forum talks safety and efficiency
More than 500 delegates from 21 countries gathered in Perth on 21 and 22 October for the Safe Ships Safe Ports Forum, one of Australia’s biggest maritime conferences. Pilbara...
MOL enters agreement for LNG facility
MITSUI O.S.K. Lines (MOL) has announced it has entered an agreement with Singapore LNG Corporation for a Floating Storage and Regasification Unit (FSRU). The Japanese shipping...
Next round of Bass Strait decommissioning set to begin
ESSO AUSTRALIA is about to begin work on the plug and abandonment of 26 wells offshore Gippsland using the jack-up rig Valaris 107. The company has already completed the...
Baltic Exchange weekly report
THE BALTIC Dry Index saw another decrease this past week, though not as sharp as that of the previous week. On Friday 25 October the index was 1410. The Baltic Dry Index for the...
New services soon to arrive
THE FIRST SAILING in MSC’s latest iteration of the Koala Service brand is due to take place from Shanghai on Wednesday [30 October] as the Swiss company inaugurates it new...
ACCC applies brakes to MIRRAT buyout
QUBE Holdings’ proposed takeover of Wallenius Wilhelmsen’s Melbourne International RoRo & Auto Terminal has struck a hitch, with the ACCC issuing a Statement of Concerns. There...
