Cruise executives in Perth for industry conference
MORE than two dozen cruise executives have gathered in Perth to discuss the cruise industry in Western Australia that last year injected $333 million into the state’s economy. The...
Rate push out of steam?
THE plethora of carrier notifications of GRIs, PSSs, rate recoveries and other surcharge/cost increases looks to have peaked in Australasian trades, a little more rapidly than...
Now there’s B1 and B2
THE SECOND of AAL Shipping’s innovative Super B-class heavylift/multi-purpose vessels has been officially named at the CSSC Huangpu-Wenchong Shipyard in Guangzhou. The ceremony...
NYK buys most of Eneos’ fleet
JAPANESE energy group Eneos has sold most of its fleet of tankers, gas carriers and bulkers to compatriot NYK for a new joint venture to be based in Singapore. Eighteen LPG...
Storms wreak havoc on shipping on South Africa’s coastline
EXTREME WEATHER along South Africa’s coastline last week proved extremely disruptive and in at least one case catastrophic for vessel traffic. Panama-flagged general cargo vessel...
Global players unite to condemn IMO’s carbon indicator
SIX OF the most significant shipping associations in the world have released a joint announcement calling for changes to the Carbon Intensity Indicator introduced by the...
Critical minerals industry will thrive despite Nickel shutdown
WHILE thousands of West Australians will be affected by the suspension of operations at BHP’s Nickel West operation, Mines and Petroleum Minister David Michael believes the...
Combination carrier retrofitted with Norsepower Rotor Sail
IN A joint effort between three parties, a Norsepower Rotor Sail (NPRS) has been installed onboard MV Koryu, a Nippon Marine operated combination carrier. The installation of the...
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...
