UK engineering consultancy wins six-year contract for Shell's Prelude
BRITISH engineering consultancy Wood will draw on its global LNG expertise to provide brownfield engineering, procurement, and construction management to the world’s largest...
Piracy incidents dropping, but violence on the rise
THE INTERNATIONAL Maritime Bureau has reported a drop in the number of piracy incidents, but a “concerning” rise in violence against seafarers. IMB, part of the International...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1997 on Friday 12 July. The Baltic Dry Index for the week ending Friday 12 July 2024. Source: Baltic Exchange Capesize This week...
TasPorts partners with IMAS to develop living sea walls
TASPORTS has announced it is partnering with the Institute for Marine and Antarctic Studies to develop living sea walls for port infrastructure. PHD students from IMAS can apply...
World Container Index inches up 1%
DREWRY’S World Container Index inched up 1% this past week to US$5901 per 40-foot container. It follows a sharp incline that began in early May. The composite index has increased...
OPINION: Border clearance and security compromised
THE DEPARTMENT of Homeland Security in its recent customs brokers licence renewals has added new conditions and legislative intent (yet to be passed by the Senate) which has...
Cook Strait ferry Aratere resuming service
SEVENTEEN days after running aground while leaving the NZ South Island port of Picton, Interisland Line’s rail/ro-pax Aratere is resuming Cook Strait service after Maritime New...
Questions mount over Aratere grounding
THE 21 June grounding of Cook Strait ferry Aratere occurred because no-one on the vessel’s bridge knew how to de-activate the incorrectly-set autopilot, according to leaked...
ACCC queries Flinders/Aurizon deal
AURIZON'S proposed acquisition of Flinders Port Holdings’ Logistics division has drawn the attention of the ACCC, which today (11 July) published a Statement of Issues. The deal...
Bunbury grounding prompts upgrade to pilot standards
THE grounding of bulk carrier World Diana in April last year at the Port of Bunbury has prompted Southern Port Authority to update its marine pilotage standards and procedures for...
MOL delivers second newbuild equipped with hard sail
MITSUI O.S.K. Lines has announced delivery of its new bulk carrier Green Winds, the second MOL vessel to be equipped with a hard sail system. The Japanese shipping line confirmed...
Wilhelmsen Ships Services joins partnership for safer mooring
WILHELMSEN Ships Service has joined a zero-harm initiative by RightShip with a view to improve the safety of mooring practices. The company is now part of the Zero Harm Innovation...
QIC invests in European bulk terminals operator HES International
QUEENSLAND Investment Corporation has closed financing of €50 million (approximately $80 million) as part of a junior loan for HES International BV, one of Europe's largest...
May another mixed month for regional trades
LONDON'S Container Trade Statistics reports global combined import export volumes hit a new record of 15,940,133 TEU in May 2024, up from 14,886, 233 TEU in April while the CTS...
Breakwater to create Bunbury regional marine hub
THE WEST Australian Department of Transport has awarded a $69.2 million contract to rejuvenate Bunbury’s Casuarina Boat Harbour as a regional marine hub. The biggest...
