WA gov’t puts $78m towards Lumsden Point development
THE WESTERN Australian government is investing $78 million in the Lumsden Port development at Port Hedland as part of the 2022-23 State Budget. A study by economic consultant ACIL...
Port Hedland marina to receive new navigational channel
THE PORT Hedland community is set to benefit from a new navigational channel at the Spoilbank Marina, with dredging to commence in the coming months. Australia’s largest privately...
Port neighbourhoods to benefit from NSW Ports community grant program
NSW Ports has launched its 2022 Community Grants Program to support local projects and services around Port Botany, Port Kembla and the Enfield and Cooks River intermodal...
The week in bulk: Positive week for Capesize market
THE Baltic Dry Index remained fairly flat over the past week, showing very modest week-on-week gains. The BDI on Friday 29 April was 2404, up 4% on Friday the previous week (22...
Seafarers Happiness Index hits all-time low
SEAFARERS’ welfare and job satisfaction levels have reached an all-time low according to the latest data from the Seafarers Happiness Index. An initiative of the Mission to...
Construction begins on 30-million litre fuel tank at Newcastle
PORT of Newcastle will soon be home to a 30-million litre fuel storage tank which will boost the nation’s fuel storage capabilities. The facility will be constructed at Park...
ONE reports astronomical full-year profits
OCEAN Network Express reported a record profit of US$16.8 billion for the 2021 financial year – this was an increase of US$13.3 billion, or 381%, on the previous year. ONE’s...
MtS Victoria announces new leadership as CEO steps down
MISSION to Seafarers Victoria will welcome a new chief executive as CEO Sue Dight steps down from the role. Ms Dight has been at the helm for the past five years at the historical...
Government commits $41 million to Newcastle green hydrogen hub
PORT of Newcastle’s green hydrogen hub project is set to receive up to $41 million in government funding. Port of Newcastle said the funding will position the port as the ideal...
Kawasaki liquefied hydrogen carrier granted approval in principle
A LARGE liquefied hydrogen carrier developed by Kawasaki Heavy Industries has received approval in principle from Japanese ship classification society ClassNK. According to...
New initiative to support Ukrainian port workers
THE INTERNATIONAL Association for Ports and Harbors has joined forces with The Seafarers’ Charity to assist port workers and their families in Ukraine. The initiative reflects the...
Global Maritime Forum appoints new chair and board members
THE GLOBAL Maritime Forum has welcomed four new members to its board of directors, including a new chair. Jan Dieleman, president of Cargill Ocean Transportation, was elected...
China port congestion to remain high: analysts
PORT congestion is rebounding in northern Chinese ports and it is not expected to let up for the next several weeks at least, according to analysis from S&P Global Market...
Decarbonisation summit kicks off in Melbourne
ON Wednesday, Maritime Industry Australia hosted its first maritime decarbonisation summit in Melbourne. A statement from the organisation said this is the first of a series of...
Independent inquiry launched into NZ port deaths
THE NEW Zealand Transport Accident Investigation Commission (TAIC) is beginning an investigation into the two recent workplace deaths at Lyttelton Port (on 25 April) and Ports of...
