News
Procuring oil on troubled waters
FEDERAL government advice that six ‘lost’ April fuel import shipments have been replaced, and a further three contracted from the USA, will provide some soothing of nerves in the...
NZ bulk coastal plans falter
THE CHANCES of New Zealand’s West Coast Bulk Logistics (WCBL) resuming service with self-propelled barge Manahau are looking slim after parent Westland Mineral Sands (WMS)...
Cold comfort for NZ exporters
THE WORLD’s largest operator of specialised reefer vessels has debuted the first of seven purpose-built newbuilds in New Zealand, to load kiwifruit for Europe. Cyprus-based Cool...
OPINION: The ‘April cliff’ - a mathematical certainty
This article is submitted by a reader. The views expressed are those of the author and do not necessarily reflect those of Daily Cargo News. AUSTRALIA could be as little as...
Baltic Exchange Weekly Report - 20 March 2026
THE BALTIC Index (BDI) increased again last week, closing at 2056 points for 20 March 2026, up from the previous period's figure of 2028. Capesize It was a week of mixed route...
New bosses for BHP and Woodside
THE FORMER boss of BHP’s West Australian iron ore business, Brandon Craig, has been appointed CEO and a director of the company. Mr Craig will succeed current CEO, Mike Henry, on...
G2Ocean: 2025 revenues down but profits up
NORWEGIAN open-hatch vessel specialist G2Ocean has lamented reduced 2025 revenue due to lower activity across global markets but has reported an improved bottom line thanks to...
Trade facilitation and market access discussed at AGIC Asia
THEMES of trade facilitation and market access were discussed at Australian Grains Industry Conferences held in Shanghai and Ho Chi Minh City this month. Held under the theme...
Baltic Exchange Weekly Report - 13 March 2026
THE BALTIC Index (BDI) increased slightly last week, closing at 2028 points for 13 March 2026, up from the previous period's figure of 2010. Capesize The market experienced a...
No pay, no stay: AMSA bans Ocean Bright
THE AUSTRALIAN Maritime Safety Authority has banned another vessel from Australian waters for six months, after discovering crew members had not been paid their correct wages. The...
US fuel on the way to Australia
EXXONMOBIL has chartered two tankers to ship about 600,000 barrels of petrol, diesel and avgas from Texas to Australia, in a move the Australian Maritime Officers Union says only...
Baltic Exchange Weekly Report - 6 March 2026
AT THE end of Friday March 6, 2026, the Baltic Dry Index (BDI) closed at 2010 points, down from the previous period's figure of 2140. Capesize The market experienced a volatile...
Consortium explores NZ-Japan green hydrogen
A MITSUI Osk-led group of four Japanese companies is studying the commercialisation of green hydrogen production in New Zealand, with a view to exports to Japan. MOL, Obayashi...
MARINE SURVEYORS: Strengthening draft survey records in Australian bulk trades
The principle of marine surveying is straightforward, but the accuracy and repeatability of readings can be influenced by vessel behaviour AUSTRALIA'S bulk trades, spanning iron...
Middle East crisis shows we need strategic fleet, MIAL says
A STRATEGIC fleet and investment in Australian shipping should be government priorities in the wake of the latest round of hostilities in the Middle East, Maritime Industry...
