AMC fills in the gaps
A WHARF upgrade at the Australian Marie Complex at Henderson in WA has added capacity to handle naval and commercial vessel work. The completion of the $8.2 million Deck Infill...
New entrant set for China trade
A SURPRISE new player is poised to enter the China-Australia trade, just as it returns to stability after years of COVID chaos and waterfront disruption. According to overseas...
Construction underway on Newcastle simulation centre
CONSTRUCTION of a new maritime simulation centre is underway at Svitzer Australia’s Port of Newcastle tug base. The new training centre will to use Kongsberg Digital maritime...
Flinders keepers in national business awards
FLINDERS Port Holdings has been named one of nine leading private Australian companies recognised for its outstanding business performance in Deloitte Australia’s 2023 Best...
Baltic Exchange weekly report
THE BALTIC Dry Index declined each day this past week, landing at 2196 on Friday 22 March. The Baltic Dry Index for the week ending Friday 22 March 2024. Source: Baltic Exchange...
Ports weigh in on tabling of privatisation contracts
THE RELEASE of port documents on Thursday (21 March) has fuelled discussion on what privatisation means for the ports of New South Wales and for the state itself. Their comments...
OOCL joins the deep divers
HONG Kong’s Orient Overseas Container Line has become the latest carrier to reveal the quantum of the 2023 downturn in freight rates, revenues and profitability. Parent company...
World Container Index continues downward trend
DREWRY’S World Container Index decreased by 5% this past week to US$3010 per 40-foot container. The latest WCI is 112% higher than average 2019 (pre-pandemic) rates of US$1420....
Port privatisation contracts tabled in Parliament
THE NEW South Wales government on Thursday (21 March) announced treasurer Daniel Mookhey would table port privatisation contracts in Parliament. The treasurer set out to reveal...
Red Sea, Gulf of Aden declared Warlike Operations Area
THE INTERNATIONAL Bargaining Forum has designated the Red Sea and Gulf of Aden a Warlike Operations Area following the deaths of three seafarers in the region earlier this month....
Austal wins another from repeat customer
TAHITI-BASED Degage Group has returned to shipbuilder Austal for a new ro-pax for French Polynesia service, to be constructed at the WA company’s Vietnam yard in Vũng Tàu. To be...
Sayonara to NWS carriers
A SIGNIFICANT era in Australian shipping is coming to an end as the final four steam turbine LNG carriers of the North West Shelf Shipping Services Co deliver last cargoes from...
Kimberley becomes Engaged
ENGAGE Marine has won a contract to operate transhipment operations for Kimberley Metals Group at Wyndham in far northwest Australia. KMG is reactivating iron ore production,...
Hyperbaric chamber boosts Aust subsea sector
AUSTRALIA'S first hyperbaric chamber testing facility has opened at the Australian Marine Complex at Henderson, WA, jointly funded by industry and the state government. It is...
Smit Lamnalco back in Botany business
SMIT Lamnalco has returned to towage in Port Botany, undertaking the first work yesterday [19 March] in its own name since 2015. SL withdrew from the port that year, shortly after...
