Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week at 1701 on Friday (29 September). This was an increase of 5.4% on Monday’s index of 1614. However, Friday’s index was a decrease on a...
MPA Singapore strengthens collaboration with China's maritime industry
THE MARITIME and Port Authority of Singapore has signed three memoranda of understanding with regional maritime administrations and partners in China. The MoU aim to advance...
Japanese shipping companies partner to establish LH2 supply chain
THREE Japanese shipping companies are partnering with a company set up to establish a global liquefied hydrogen supply chain that involves export from Australia. Mitsui O.S.K....
ICS opens representative office in China
THE INTERNATIONAL Chamber of Shipping has opened a new ICS representative office in Shanghai. The inauguration of a new office follows the admission of the China Shipowners’...
Singapore named world's top maritime centre
THE BALTIC Exchange has named Singapore as the world’s top maritime centre for the tenth year in a row. Singapore scored 95.32 out of a possible 100 points in the Xinhua-Baltic...
Baltic Exchange weekly report
THE BALTIC Dry Index continued its upward trajectory over the past week. The index kicked off the week on Monday (18 September) at 1439, already 4.2% above the previous week’s...
Miner marks major ore export milestone
BHP has celebrated the shipment of 3 billion tonnes of iron ore to China. BHP chief commercial officer Vandita Pant and asset president WA iron ore Brandon Craig were joined by...
QLD to host hydrogen vessel demonstration
JAPANESE machinery manufacturer Yanmar is to demonstrate a 12-metre-long cruiser, which is powered by hydrogen, in Brisbane. Yanmar announced its intention to demonstrate the...
Aussie avos have landed in Thailand
HASS avocados from Western Australian have begun landing on dinner tables in Thailand, following the first delivery this week. Two shipments – nearly 6 tonnes of avocados – have...
APSA joins Asian Shippers Alliance
THE AUSTRALIAN Peak Shippers Association has joined the Asian Shippers Alliance, a regional coalition of peak trade organisations. APSA, affiliated with the Freight and Trade...
MOL buys chemical carrier business
MITSUI O.S.K. Lines’ subsidiary MOL Chemical Tankers acquired Fairfield Chemical Carriers from New York-headquartered Fairfield-Maxwell for US$400 million. The acquisition was...
Suiso Frontier arrives in Singapore
SUISO Frontier, the first liquefied hydrogen carrier, was recently welcomed in Singapore. The vessel berthed at the Shell Energy and Chemicals Park Singapore on Pulau Bukom from 1...
MOL signs MOU with Shell
MITSUI O.S.K. Lines and Shell Marine Products have signed an agreement to “a joint focus on advancement of alternative maritime solutions and managing carbon emissions liabilities...
ClassNK and consortium to develop ammonia bunkering tanker
CLASSNK is one of five organisations setting out to develop an ammonia-fuelled ammonia bunkering tanker for the port of Singapore. ClassNK, Consort Bunkers, Daihatsu Diesel,...
Indonesia lifts ban on live cattle exports from Australia
INDONESIA has agreed to lift its restrictions on live cattle and buffalo exports from Australia with immediate effect. The Department of Agriculture, Fisheries and Forestry on 9...
