News
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...
First contract signed for PNG FLNG
KUMUL PETROLEUM, the government-owned shareholder in the PNG LNG project, has signed a contract for early-stage design work on the planned floating LNG facility to be deployed in...
Maersk raises profit expectation, again
THE RED SEA conflict continues to boost container line profits with Maersk Line once again raising projections, for the third consecutive quarter. Ahead of its official release of...
Meth found in Sydney-bound sea-freight, man charged
A MAN has been charged over his alleged role in the attempted importation of 60 kilograms of methamphetamine into NSW in a sea-freight consignment. US authorities last month found...
Rail industry makes case for consistent national standards
THE AUSTRALIAN rail industry has today (23 October) published a report outlining initiatives expected to harmonise national rail standards. The Harmonisation of Rail Standards...
Inland Rail to begin on Albury to Illabo
INLAND Rail (IR) has announced that construction is set to begin on the Albury to Illabo section of the project following the receival of approval. IR says Albury to Illabo is set...
New season grain being received at Geraldton, Esperance and Fremantle ports
THE FIRST grain receivals of the new season are currently being delivered to Geraldton, Kwinana and Esperance ports in Western Australia. The state’s grain harvest is expected to...
New loader boosts capacity at Burnie
THE PORT of Burnie in Tasmania has seen its bulk loading capacity doubled through upgrades funded by the federal government, including installation of a new shiploader. The...
Royal visit causes latest Tassie delay
TASMANIAN GOVERNMENT plans to announce a decision about the future movements of the new Spirit of Tasmania ro-paxes have gone awry, thanks to the Royal visit. The government on...
NSW Government greenlights better regional rail
THE NEW South Wales State Government has greenlit the development of a new strategy that intends to develop the state’s regional rail network. The government announced the...
