News
INTERCARGO releases bulk carrier casualty report
THE International Association of Dry Cargo Shipowners (INTERCARGO) has released its new report entitled Bulk Carrier Casualty Report 2025: Safety gains continue but security...
Baltic Exchange Weekly Report - 6 June 2025
THE BALTIC Dry Index has continued to ascend this week, landing at 1633 for the week ending 6th of June. Capesize The Capesize market enjoyed a strong upward trajectory this week,...
Pilbara campaign to keep small boats out of harm's way
PILBARA Ports has launched a campaign to warn boaters about the dangers of small vessels colliding with large commercial vessels. The 2025 Pilbara Ports Recreational Vessel Safety...
Andrew Forrest rail against LNG
ANDREW Forrest has hit out at the use of LNG as an intermediate fuel source for the maritime industry at the Nor-Shipping Conference in Oslo, Norway. Speaking on Tuesday, Mr...
MOL receives latest dual-fuel methanol carrier Kohzan Maru VII
MITSUI O.S.K. Lines (MOL) has yesterday (2 June) announced that it took delivery of a newbuild methanol dual-fuel methanol carrier at shipbuilder HD Hyundai Mipo. The 47,960 DWT...
Work-related fatigue on the rise among seafarers, study says
A STUDY from Cardiff University in Wales has shown work-related fatigue among cargo seafarers has increased despite efforts to monitor work and rest regulations on ships. The data...
Norsepower announces historic fleet-wide deal
WIND propulsions technology company Norsepower has announced it has secured a new agreement to deliver six of its Rotor Sail to a fleet of newbuild tankers commissioned by GEFO...
Vic green-lights Geelong LNG terminal
VICTORIA’s Minister for Planning, Sonya Kilkenny, has released her assessment of the Environmental Effects Statement for the proposed Viva Energy Gas Terminal Project in Corio,...
Baltic Exchange Weekly Report - 30 May 2025
Capesize The Capesize market gained notable momentum this week following a slow start largely due to Monday’s UK bank holiday. The Pacific basin was particularly active, supported...
Fewer large losses reported in safety and shipping review
A TREND towards fewer shipping losses continued during 2024, the latest Safety and Shipping Review has revealed. Prepared by insurers Allianz Commercial, the review noted that...
Three injured in bulker vessel Olivia explosion
NEW ZEALAND’s Transport Accident Investigation Commission is conducting a “serious marine casualty” level inquiry into an engine room explosion aboard a bulk carrier berthed at...
Wyndham project for Danish logistics company
DANISH logistics company Norden has signed a deal with Kimberley Metals Group (KMG) in Wyndham in north-west Western Australia to transport iron ore by barge to ocean going...
Baltic Exchange Weekly Report - 23 May 2025
The Baltic Dry Index has continued to rise this week, landing at 1341 for the week ending 22nd May. Capesize The Capesize market ended the week on a firmer note after a shaky...
Tasmania Ports near 11m tonnes for year
THE ISLAND state’s ports have already handled more than 10.7 million tonnes of freight this financial year, according to a Q3 year-to-date trade report issued by TasPorts. Key...
Baltic Exchange Weekly Report - 15 May 2024
THE BALTIC Dry Index has risen slightly this week, at 1305 for the week ending 15th May. Capesize The Capesize market closed the week on a firm and optimistic note. Early activity...
