News
Freight forwarder critical of landside price hikes
BRIAN Hack, managing director of West Australian freight forwarder EES has thrown his weight behind the Australian Competition and Consumer Commission’s latest stevedoring...
Corvus Energy to power “world first” electric vessel
CORVUS Energy has announced it will deliver a mega-size battery system for the first fully electric offshore vessel ever to be built. The Norwegian-headquartered company confirmed...
ClassNK issues AiP for Liquefied CO2 Carrier
CLASSNK has announced it has issued an Approval in Principle (AiP) for a design concept for a coastal liquefied CO2 carrier, jointly developed by Mitsubishi Shipbuilding Co. and...
Emissions guidance released for Aussie ports
PORTS Australia has released new emissions guidance to help Australian ports transition to net-zero. The Greenhouse Gas Emissions Inventory Guidance is designed to support ports...
Australia, Japan to modernise food value chains
THE FEDERAL Government has declare drelations between Japan and Australia have been further strengthened with the signing of a statement of intent on modernizing agri-food value...
WA small business urged to consider exports
SMALL regional businesses in the southwest of Western Australia are being encouraged to look overseas for markets. The state government is offering $600,000 over three years...
Vezhen released by Swedish authorities
BULK carrier Vezhen has been released by Swedish authorities after being seized in relation to a subsea cable damage incident. The Swedish Prosecution Authority announced the...
Jo Haylen resigns as NSW Transport Minister
NEW South Wales Transport Minister Jo Haylen has resigned, following growing criticism over her use of a ministerial chauffeur. MP Haylen admitted to using a taxpayer-funded...
India to allocate billions to maritime
INDIA’S Finance Minister has revealed plans to set up a 250-billion-rupee maritime development fund to support the country's shipbuilding and repair industry. The fund, worth...
Norway releases ship after cable incident
A NORWEGIAN-FLAGGED ship that was seized and boarded by its flag nation over a subsea cable incident has been released. Cargo ship Silver Dania was detained by Norwegian police...
More Aussie meat approved for export to Malaysia
MORE Australian halal red meat will soon be available in Malaysia following the approval of seven new export establishments. This will take the total number of halal-certified...
Phosphate miners eye Karumba
NZX-LISTED Chatham Rock Phosphate (CRP) has turned its attention to shipping phosphate from its Korella North Mine through the Port of Karumba, having previously favoured...
Another World Container Index decline
DREWRY’S World Container Index decreased 2% to US$3364 per 40-foot container this week. The composite index decreased is now 68% below the previous pandemic peak of US$10,377 in...
Reverse course for Esperance sulphur
WHILE the Port of Esperance has imported hundreds of thousands of tonnes of sulphur over the years, it’s unusual to see the mineral going the other way. When Jersey Spirit left...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased throughout the week before a small uptick on Friday. The week commenced at 761 and ended on 735. The Baltic Dry Index for the week ending Friday 31...
