News
September dredging for Port Hedland bypass channel
PILBARA Ports has received Environmental Protection Authority approval to create a bypass channel at the Port of Port Hedland. In a LinkedIn post, Pilbara Ports said the Zone 5...
Commander of Australian Fleet warns of maritime vulnerability
THE OPENING session at the MIAL’s Blueprint for a Maritime Nation in Perth on Tuesday 12 May, focused on the vulnerability of Australia’s maritime industry. Director general from...
China rates climb slows
FREIGHT rates on Australia’s premier trade route from China have slowed their recent rapid rise but are continuing to climb just the same. The SCFI (mean spot rate) for...
John Duigan cracks a thousand
HUMBLE landing craft John Duigan has racked up a major achievement this week, accomplishing 1,000 voyages to King Island in the demanding conditions of Bass Strait. The...
Vroon sells Livestock Express
ONE of the most prominent names in sheep and cattle transport, Livestock Express, has been sold by Dutch owners Vroon to Australian agribusiness Heytesbury. The agreement,...
PIL 2025: Profit down but margins highest
SINGAPORE’s Pacific International Line saw net profit fall around 22% in FY2025 but nevertheless enjoyed a strong year — and analysts note it still leads the main containership...
Maersk Q1: Volumes up, rates down
AP MOLLER-Maersk has boasted a strong first quarter, at least as far as demand went, but lower freight rates saw a notable though industry-consistent drop in profits. Against a...
“K” Line reports mixed 2025
KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments. The...
Strait of Hormuz remains concern for Australian fertiliser importers
THE Strait of Hormuz remains a key concern for global nitrogen markets with reports about 20 fully loaded urea vessels destined for Australia remain stranded in the Persian Gulf,...
Boost for meat exports to Indonesia
THE approval of five additional export beef establishments to supply the Indonesia market represents “another big win for Australia’s red meat industry”, federal agriculture...
Partnership to cut freight vehicle reliance on fuel
HELPING reduce reliance upon fossil fuels is a focus of the Victorian government in signing a global memorandum of understanding (MoU) on transitioning to zero-emission freight...
Kaitaki report sparks major concerns
THE RELEASE late last week of the NZ Transport Accident Investigation Commission’s final report into the near grounding of ro-pax Kaitaki on rocks in Wellington Harbour in 2023...
Maritime sector to golf for a cause
THE Shipping & Logistics Charity Golf Day is returning on 23 October in partnership with the Kids Cancer Project to Support Childhood Cancer Research. This year’s venue is the...
Sydney man charged over attempted meth import
A SYDNEY man, 23, from Kellyville, has appeared before Penrith Local Court after a multinational police operation saw 300kg of methamphetamine hidden inside pressure washers...
Baltic Exchange Weekly Report - 8 May 2026
THE BALTIC Dry Index (BDI) peaked at 3027 this week before closing at 2978 points for 8 May 2026, which was still an increase from 1 May's figure of 2730. Capesize The market...
