Provaris signs K Line to help commercialise hydrogen carriers
SYDNEY- And Oslo-based compressed hydrogen proponent Provaris Energy has signed a MOU with Japan’s K Line to accelerate the company’s commercialisation of hydrogen carriers. K...
Strait of Hormuz tensions raise questions for Australian fuel supply
CONFLICT in the Middle East has raised the spectre of a damaging closure of the Strait of Hormuz, the entry point to the Persian Gulf. Around 20 million barrels worth of oil is...
Baltic Exchange Weekly Report - 20 June 2025
Capesize The Capesize market trended downward this week, with sentiment consistently softening, particularly in the Pacific. C5 rates came under pressure as iron ore volumes from...
Optimising ocean currents to create a cleaner shipping sector
A ‘GOOGLE Maps for the sea’ is the description of a new algorithm aimed at improving shipping’s environmental performance. The algorithm seeks to allow the shipping industry to...
Funding to boost critical mineral supply lines in Northern Australia
THE FEDERAL government aims to boost supply lines for critical minerals in Northern Australia. The Northern Australia Infrastructure Facility (NAIF) will invest up to $50 million...
MOL Chemical Tankers takes delivery of Fairchem Pinnacle
SINGAPORE-based MOL Chemical Tankers has taken delivery of Fairchem Pinnacle, the fourth in a series of 26,360 DWT dual-fuel vessels built by Fukuoka Zosen. MOL Chemical Tankers,...
Kwinana smelter for Pilbara ore a step closer
A PROJECT to build Australia’s biggest ironmaking electric smelting furnace at Kwinana, south of Perth, using Pilbara iron ore is a step closer to reality. A consortium of...
Shipping industry confident Strait of Hormuz will remain open
INDUSTRY body Shipping Australia believes the Strait of Hormuz is likely to remain open, despite the escalating conflict between Israel and Iran. Several media reports have raised...
Baltic Exchange Weekly Report - 13 June 2025
Capesize The Capesize market displayed a steady yet nuanced performance this week, starting on a subdued note due to European holidays but gaining traction as the days progressed....
Freight panel backs port diversification at Newcastle and Kembla
A PAPER prepared by the Freight Reform Advisory Panel has backed trade diversification at Newcastle and Port Kembla, as mineral trades decline. The paper was prepared by Kerry...
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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...
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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...
