News
WOMEN IN MARITIME: Mentoring the future
Mentoring provides an understanding of career pathways and role opportunities and it also is an essential component in fostering diversity in the maritime industry, Jeanine...
OPINION: Why the industry will come together
IN RECENT times Australia’s maritime industry could reasonably be characterised as fragmented – as the many and varied players each have done their level best to survive,...
Baltic Exchange weekly report
THE BALTIC Dry Index continued its downward trend this past week. The BDI stood at 1233 on Monday (xx June) and ended the week at 1091 on Friday, a 11.5% decline on the start of...
The DCN Weekly: Episode 54
IN THE news this week, Victoria has announced a new offshore wind zone, a move welcomed by the MUA, which says it will boost Australian maritime jobs....
World Container Index continues steady decline
THE DREWRY World Container Index decreased week-on-week by 2.7% to $1494.46 per 40-foot container this past week. The composite index has dropped by 78.9% when compared with the...
Container freight rate index hits 23-month low
THE LATEST data from the Xeneta Shipping Index showed a decline of 9.4% in long-term global shipping rates in June. This follows a 27.5% decrease in May and a 10.3% fall in April....
AiP for liquefied CO2 and ammonia carrier
CLASSNK has granted approval in principle to Mitsubishi Shipbuilding and Nippon Yusen Kabushiki Kaisha for a ship that can transport ammonia and liquefied carbon dioxide....
Blank sailings at a low: analyst
CONDITIONS in the global container shipping markets are continuing to move towards normalisation, according to shipping industry analyst Sea-Intelligence. “However, a normal...
Freo upgrades fenders
FREMANTLE Ports is upgrading the fendering at H Berth on Victoria Quay. The $5-million project was delivered by principal contractors CareyMC, part of the Carey Group, a First...
Botany container trade down in May
PORT Botany saw a slowdown in total container throughput in May, according to the latest available statistics from the port’s manager NSW Ports. Last month, the port handled a...
Land acquired for Beveridge Intermodal
NATIONAL Intermodal Corporation has acquired the 1100-hectare site at Beveridge to build a colossal intermodal terminal at the southern end-point of the Inland Rail project. The...
MEPC 80 to tackle emissions, dark fleet and more next week
THE INTERNATIONAL Maritime Organization’s Marine Environment Protection Committee is meeting next week in London. It is expected to adopt an upgraded IMO greenhouse gas emissions...
Pacific National introduces carbon calculator
PACIFIC National this week launched a carbon emissions calculator. It said it was to help customers drive down their greenhouse gas emissions. Pacific National chief strategy and...
Construction to start on port jetty
MID West Ports Authority has announced the immanent commencement of a new jetty in Geraldton. The Eastern Breakwater Jetty is to be built by contractor SMC Marine Fencing at the...
MOL signs charter deal for two new LNG carriers
JAPANESE transportation company Mitsui O.S.K. Lines and British energy company Ineos Energy Trading signed an agreement for the charter of two newbuild LNG carriers. The vessels...
