Baltic Exchange weekly report
THE BALTIC Dry Index dipped to 1926 earlier in the week before rising to 2050 on Friday 28 June. The Baltic Dry Index for the week ending Friday 28 June 2024. Source: Baltic...
Queensland to investigate moving freight from road to rail
THE QUEENSLAND Government is to fund an investigation into improving rail freight on the Mt Isa rail line to unlock an estimated $500 billion of critical minerals in the North...
World Container Index climbs and climbs
DREWRY’S World Container Index continued its steady increase this past week. A 4% increase to US$5318 per 40-foot container this week puts the index 256% higher than it was in the...
MOL buys control of Gearbulk
MITSUI OSK Lines is to acquire a further 23% stake in Swiss-registered Gearbulk Holding AG from founder Kristian Jebsen and family to move to majority ownership. Mr Jebsen will...
Historic Williamstown Dockyard for sale
THE site of Melbourne’s historic Naval Dockyard at Williamstown at the mouth of the Yarra River is being offered for sale some years after the end of commercial and Naval activity...
AAL voted ‘best shipping line’ in AFLAS awards
SINGAPORE-based multipurpose shipping operator AAL has taken top honours at this year’s Asian Freight, Logistics and Supply Chain Awards (AFLAS). The project heavy-lift carrier...
NZ govt could sell Interisland Line
AS MORE revelations emerge about aspects of owner KiwiRail’s management of the nation’s Cook Strait ferry company the NZ Government is using careful language in responding to...
Vic Govt funds seafarers’ mental health
THE Victorian Government has committed half-a-million dollars to enable seafarers to access free mental health support services at the state’s ports. Announced yesterday by...
Sea trials deliver fuel saving for ro-ro
GLOBAL ro-ro ocean transportation services group Höegh Autoliners is to upgrade seven of the vessels it operates following the success of sea trials to generate fuel savings and...
TT Line, TasPorts must act to be ferry-ready: Government
THE Tasmanian Government has formally ordered TasPorts and TT Line “to take all the necessary action” to prepare terminal infrastructure for the arrival of the new Spirit of...
International Day of the Seafarer 2024
MONDAY 25 June again marked the IMO’s International Day of the Seafarer, the 14th consecutive year the day has been observed. For 2024, the IMO has chosen to spotlight seafarers’...
International Day of the seafarer on two wheels
TO MARK International Day of the Seafarer on June 25, seafarers around Bunbury and Esperance in Western Australia will be given the opportunity to get on their bike. Shaking off...
Action on submarines, frigates and patrol boats
THERE is plenty of action on the naval ship-building front around Australia with submarines, patrol boats and frigates in sharp focus. News that construction has begun at the...
Austal to supply two more patrol boats for Pacific
AUSTAL has added orders for another two Guardian-class patrol boats for the Federal Government, in addition to the 22 previously ordered under the Pacific Patrol Boat Replacement...
AMPI regional conference heads to PNG
FOR the first time in the organisation’s history, the Australasian Marine Pilots Institute is hosting its regional conference outside of Australia. The AMPI Regional Ports and...
