News
Aussie-designed RSV delivered to Thailand
THAILAND’S Department of Marine and Coastal Resources (DMCR) has taken delivery of a new research vessel designed by Australia’s Incat Crowther. The Incat Crowther 25, built by...
More ferries for Perth, Brisbane's get smart
THE WESTERN Australian Government will commit $2 million in the 2024-2025 state budget to a feasibility study of the expansion of Perth ferry services. The allocation was...
CMA CGM is selling Bolloré's Polynesian branch
CMA CGM has officially listed for sale Bolloré Logistics Polynesia, based in Tahiti, a move made necessary by regulators concerned about a regional monopoly following the French...
PacBasin outperforms dry bulk market
HONG KONG-listed dry bulk specialist Pacific Basin Shipping has reported an unusually strong first quarter, when rates traditionally soften during the northern hemisphere winter...
Energetic Woodside driving offshore sector
A FIRST quarter trading and production update from Woodside Energy has served to highlight the current level of activity in Australia’s offshore oil and gas sector. While...
World Container Index continues to slide
DREWRY’S World Container Index decreased 3% this week to US$2719 per 40-foot container. Compared with the same week last year, the composite index has increased by 53%. The figure...
Baltic Exchange weekly report
THE BALTIC Dry Index increased steadily over the past few days, ending the week at 1901. The Baltic Dry Index for the week ending Friday 19 April 2024. Source: Baltic Exchange...
Newcastle geared for floating offshore wind tech, study finds
A STUDY commissioned by Port of Newcastle suggests that, with the required investment, the port has the capacity to support the development of floating offshore wind technology....
Maersk publishes updates on Baltimore blockage
MAERSK Line has begun publishing advisories to customers about the Baltimore bridge situation on its website, including confirmation that the owners of containership Dali have...
Hapag-Lloyd looks to 2030
HAPAG-LLOYD has detailed its “most ambitious strategy to date”, based on a new set of five core pillars covering everything from innovation to expansion and customer-centric...
Study foreshadows new Sunrise
MORE than 12 months after the partners in the Sunrise Joint Venture agreed on a concept study to focus on piping and processing gas from the Greater Sunrise Fields in the Timor...
US to force owners to fund rig de-coms
THE US government has this week updated 20-year-old regulations to ensure taxpayers are not hit with the cost of decommissioning offshore oil and gas rigs. The Department of the...
Hapag picks methanol for latest retrofits
IN PURSUIT of its strategic decarbonisation goals Hapag-Lloyd, in conjunction with tonnage-provider Seaspan, is to retrofit five containerships to enable them to operate on...
AtoN refurbishment project wraps up
THE AUSTRALIAN Maritime Safety Authority has concluded up a $1.2-million refurbishment of the remote Newman Reef aid to navigation, north-east of Thursday Island. The project...
First users for Hedland's Lumsden Point
PILBARA Ports Authority has secured its first two customers for the new Lumsden Point multi-user facility at Port Hedland. Mineral Resources and Pilbara Minerals have each signed...
