Baltic Exchange Weekly Report - 4 October 2024
THE BALTIC Dry Index has decreased, falling to 1928 for the week ending 4 October. Capesize The Capesize market experienced a steady decline throughout the week, marked by...
US port strike ends as tentative agreement reached
THE INTERNATIONAL Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have released a joint statement announcing a tentative agreement has been...
World Container Index continues decrease
Drewry’s World Container Index has continued to decline, decreasing 5% to US$3849 per 40-foot container for the week of October 3. The latest composite index is 66% below the...
Esperance paves the way for more trade
ACCESS for heavy duty vehicles has been upgraded at the Port of Esperance with completion of the first stage of Hughes Road works. The road improvements are part of a $19.6...
OPINION: Understanding gender-neutral language in maritime through a paradoxical mindset
THE MARITIME industry, with its deep-rooted traditions, has long been associated with a language that reflects its historical male dominance. Terms like “seaman”, “helmsman” and...
Late Fremantle CEO honoured in boat naming
THE LATE CEO of Fremantle Ports, Michael Parker, has been remembered with one of two new pilot boats named after him. A competition was held among port employees and stakeholders...
AMSA draws attention to the importance of shore leave
THE AUSTRALIAN Maritime Safety Authority has drawn attention for ships visiting Australian ports to the importance of providing shore leave to seafarers. The maritime authority...
ILA Strike update: vessel logjam builds as White House backs union
THE PORT strike currently in action across United States east coast and Gulf of Mexico ports has entered its third day, as the effects of the walkout begin to be felt by shipping...
Southern cruise season underway
THE Victorian cruise season began on the weekend with Princess Cruises’ Diamond Princess making the first of eight base-port calls this month and next. Ports Victoria list 119...
TAIC release findings from serious injury aboard bulk carrier
THE TRANSPORT Accident Investigation Commission (TAIC) has released the findings from its investigation into an incident in June this year that occurred aboard a bulk carrier. On...
Provaris signs Yinson for CO2 initiative
SYDNEY-BASED ‘future energy’ company Provaris has launched a collaboration with Singapore’s Yinson Production Offshore for the development of storage tank solutions for the bulk...
Urgent Devonport works will delay redevelopment
TASPORTS has warned that urgent work to temporarily equip TT Line’s East Devonport No.1 berth to accommodate the new Spirit of Tasmania ropaxes will delay later stages of the...
Father and son charged after cocaine found in sea cargo
THE AUSTRALIAN Federal Police (AFP) has charged two men, father and son, for their alleged roles in attempting to possess a consignment of cocaine concealed in industrial...
Shore Power project to begin at White Bay Cruise Terminal
THE NEW South Wales state government has awarded a $20 million dollar contract to begin the Shore Power project at Sydney’s White Bay Cruise Terminal. The Australian-first project...
Qantas Freight joins Western Sydney airport cargo precinct
QANTAS Group and Western Sydney International Airport (WSI) have strengthened their partnership, with Qantas Freight the first freight airline to operate at its new 24-hour cargo...
