Deconstruction contract awarded for historic Cairns wharf facility
PORTS North has awarded the contract for deconstruction of White’s Shed, a “badly dilapidated” sugar handling facility behind the Cairns cruise terminal. Demolition specialist...
Cruise executives in Perth for industry conference
MORE than two dozen cruise executives have gathered in Perth to discuss the cruise industry in Western Australia that last year injected $333 million into the state’s economy. The...
Now there’s B1 and B2
THE SECOND of AAL Shipping’s innovative Super B-class heavylift/multi-purpose vessels has been officially named at the CSSC Huangpu-Wenchong Shipyard in Guangzhou. The ceremony...
NYK buys most of Eneos’ fleet
JAPANESE energy group Eneos has sold most of its fleet of tankers, gas carriers and bulkers to compatriot NYK for a new joint venture to be based in Singapore. Eighteen LPG...
Global players unite to condemn IMO’s carbon indicator
SIX OF the most significant shipping associations in the world have released a joint announcement calling for changes to the Carbon Intensity Indicator introduced by the...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1997 on Friday 12 July. The Baltic Dry Index for the week ending Friday 12 July 2024. Source: Baltic Exchange Capesize This week...
TasPorts partners with IMAS to develop living sea walls
TASPORTS has announced it is partnering with the Institute for Marine and Antarctic Studies to develop living sea walls for port infrastructure. PHD students from IMAS can apply...
World Container Index inches up 1%
DREWRY’S World Container Index inched up 1% this past week to US$5901 per 40-foot container. It follows a sharp incline that began in early May. The composite index has increased...
OPINION: Border clearance and security compromised
THE DEPARTMENT of Homeland Security in its recent customs brokers licence renewals has added new conditions and legislative intent (yet to be passed by the Senate) which has...
Bunbury grounding prompts upgrade to pilot standards
THE grounding of bulk carrier World Diana in April last year at the Port of Bunbury has prompted Southern Port Authority to update its marine pilotage standards and procedures for...
MOL delivers second newbuild equipped with hard sail
MITSUI O.S.K. Lines has announced delivery of its new bulk carrier Green Winds, the second MOL vessel to be equipped with a hard sail system. The Japanese shipping line confirmed...
Wilhelmsen Ships Services joins partnership for safer mooring
WILHELMSEN Ships Service has joined a zero-harm initiative by RightShip with a view to improve the safety of mooring practices. The company is now part of the Zero Harm Innovation...
QIC invests in European bulk terminals operator HES International
QUEENSLAND Investment Corporation has closed financing of €50 million (approximately $80 million) as part of a junior loan for HES International BV, one of Europe's largest...
May another mixed month for regional trades
LONDON'S Container Trade Statistics reports global combined import export volumes hit a new record of 15,940,133 TEU in May 2024, up from 14,886, 233 TEU in April while the CTS...
Breakwater to create Bunbury regional marine hub
THE WEST Australian Department of Transport has awarded a $69.2 million contract to rejuvenate Bunbury’s Casuarina Boat Harbour as a regional marine hub. The biggest...
