TT Club issues guidelines for Flexitank safety
GLOBAL freight insurance provider TT Club has released the latest in its series of publications focusing on the increasingly popular flexitank unit used to ship bulk liquid...
Record seven-year resources growth for WA
MINERAL and petroleum sales of $238 billion, strong exploration spending and record gold sales have helped push Western Australian jobs growth for a record seventh year. The...
Babcock opens new Adelaide facility
BABCOCK Australasia has announced the opening of its new facility in Adelaide, South Australia, which will see its maintenance, manufacturing, and repair footprint in the state...
Vic freight highway slated for repairs
MAJOR repairs are set to begin next month on Victoria’s Sunraysia Highway – a freight route linking grain and produce farms to domestic and international export markets....
Two imprisoned over historic meth shipment
TWO United States nationals have been sentenced in the Melbourne County Court for their roles in the attempted importation of over 1.7 tonnes of methamphetamine in 2019....
First Gold Valley iron ore heads for China
BULK CARRIER MV Sifnos carrying more than 78,000 tonnes of iron ore has set sail for China with the first Gold Valley shipment from Esperance port. The shipment demonstrated the...
TT Line ferry controversy refuses to die
LAST WEEK’S decision by the Tasmanian Government to accept expert advice and delay the introduction of TT Line’s new Spirit of Tasmania ro-paxes has, predictably, prompted a new...
WCI continues to tumble
DREWRY’S World Container Index continued its decline this past week, dropping 4% to US$3095 per 40-foot container on 24 October. The composite index is now 70% below the previous...
Port of Tauranga reports first quarter 2025 results
THE PORT of Tauranga has released its financial results for the first quarter of the 2024-25 financial year (FY25). The north island port, New Zealand’s largest, reported...
MOL enters agreement for LNG facility
MITSUI O.S.K. Lines (MOL) has announced it has entered an agreement with Singapore LNG Corporation for a Floating Storage and Regasification Unit (FSRU). The Japanese shipping...
Baltic Exchange weekly report
THE BALTIC Dry Index saw another decrease this past week, though not as sharp as that of the previous week. On Friday 25 October the index was 1410. The Baltic Dry Index for the...
Australian Maritime College to see new naval research centre
THE PREMIER of Tasmania, Jeremy Rockliff has announced a new Naval Research Centre is set to be established at the Australian Maritime College (AMC). MP Rockliff, who is the...
New Spirits to be delayed until 2027
THE TASMANIAN GOVERNMENT has bitten the bullet on the vexed question of the introduction of TT Line’s new Spirit of Tasmania ferries and will postpone their introduction until...
World Shipping Council launches second whale chart
THE WORLD Shipping Council has released the second edition of the WSC Whale Chart, a voyage planning aid designed to help the shipping industry protect whales. The chart builds on...
DSV and Kuehne+Nagel release third quarter results
DSV and Kuehne+Nagel (K+N), two of of the world’s most prominent logistics service providers, have released their financial results for the third quarter of 2024 (Q3-24). Both...
