Baltic Exchange weekly report
THE BALTIC Dry Index ended the week on 1997 (Friday 21 June), which was an increase from the previous week's 1948. The Baltic Dry Index for the week ending Friday 21 June 2024....
New maritime cyber security body launched
A NOT-for-profit body committed to improving standards of cybersecurity risk management across the maritime industry has been launched this week in the United Kingdom. Called...
New chair at QLD ports corp
GLADSTONE Ports Corporation has welcomed Adrian Noon as its new chair. Mr Noon succeeds Anthony Lynham, who resigned from the board on 31 May. GPC said Mr Noon is “deeply...
ACCC adds Olam to Namoi takeover concerns
BOTH bidders for Namoi Cotton are now under ACCC scrutiny, following the commission today [20 June] issuing a statement of concerns about Olam Agri Holdings’ proposal. The ACCC...
MV Tutor believed to have sunk
A BULKER struck by Ansar Allah in the Red Sea last week is reported to have sunk. Liberian-flagged coal carrier Tutor was hit by an uncrewed surface vessel on 12 June. A statement...
Australia must do more for climate than just promote EVs, researchers say
CLIMATEWORKS Centre has outlined their recommended solutions for the decarbonisation of Australia’s freight and passenger transport in a new report. Released last week,...
Southern Ports cash boost for local organisations
SOUTHERN PORTS has donated $300,000 to support local organisations in Albany, Bunbury and Esperance and is now calling for a new round of applications. Over the past year 41 Great...
WA seeks increased trade with China
INCREASED trade opportunities have been raised by Western Australia Premier Roger Cook with Chinese Premier Li Qiang during a state visit to Western Australian on 18 June. Mr Cook...
Maersk cold store takes out NZ industrial property award
MAERSK’S new cold chain facility at the Ruakura Superhub took out the CBRE Industrial Property Award last week at New Zealand’s 2024 Property Industry Awards. The Maersk Hamilton...
Levies to increase for offshore industry
THE National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is to raise levies by 13% in accord with a review conducted in March this year. The...
Cairns sugar shed slated for deconstruction
DECONSTRUCTION plans are in place for a dilapidated sugar handling facility behind the Cairns Cruise Liner Terminal. White’s Shed was built at the port of Cairns in 1923. The shed...
Kongsberg to trial moving chief engineer role to shore
KONGSBERG Maritime has received an approval in principle from the class society DNV to transfer the role of chief engineer from ship to shore. The move would see the chief...
One seafarer missing after wave of Red Sea attacks
YEMEN’S Ansar Allah has launched another wave of attacks against ships in the Red Sea and Gulf of Aden in recent days. Crews have abandoned ships, and one seafarer was still...
Safety in bulk shipping improves despite increase in fleet, says report
THE annual report from the International Association of Dry Cargo Shipowners on bulk carrier casualties details a continued trend of increasing safety in dry bulk shipping. The...
GAC buys Quadrant Pacific agency business
THE GAC Group is taking over the ships agency business of Swire-owned Quadrant Pacific, formerly its network partner in New Zealand. GAC (Gulf Agency Company, based in Kuwait and...
