Pulse exporters face trade and tariff headwinds
CURRENCY volatility and higher shipping costs shape as headwinds for Australian pulse exporters, a report prepared for Rabobank says. The Australian pulse export market is made up...
Baltic Exchange Weekly Report - 9 May 2025
The Baltic Dry Index has fallen this week, standing at 1299 for the week of 9th May. Capesize The Capesize market remained in negative territory throughout the short week, with...
Bean power for Port of Albany to expand market
THE PORT of Albany has a build it and they will come story. It’s a tale that has resulted in the first faba bean shipment from the Port of Albany, something that Southern Ports...
Industry welcomes IMDG code nitrate amendment
THE INTERNATIONAL Maritime Organization (IMO) has made amendments to the International Maritime Dangerous Goods (IMDG) code in order to improve the safe transportation of ammonium...
Pipeline plan for port of Albany cancelled
A $2.3 BILLION plan for a magnetite mine linked to the Port of Albany by a 110km slurry pipeline has been cancelled. A spokesperson for Southern Ports, which operates the Port of...
Baltic Exchange Weekly Report - 2 May 2025
The Baltic Dry Index has risen this week, standing at 1421 for the week of 2nd May. Capesize The Capesize market maintained a generally firm tone this week, supported by a...
Stricken LPG tanker Victoire headed for Fiji
THE LPG tanker Victoire, which broke down in eastern Bass Strait on 4 April and was eventually towed to refuge in Eden, will depart later this week under tow to Fiji for discharge...
New transhipper MinRes Peak arrives at Exmouth
MINERAL Resources has taken delivery of its fifth transhipper, MinRes Peak at the Port of Ashburton. The arrival of MinRes Peak on 24 April on the Chinese heavy load carrier Hua...
MOL’S latest LNG bulker Australia bound
OVER the Easter long weekend, Mitsui OSK Lines held a naming and delivery ceremony for the LNG-fuelled Capesize bulker Verde Heraldo and the 210,321 DWT vessel is now en route to...
Adani Ports buys Abbot Point
OFFICIAL ownership of the North Queensland Export Terminal (NQXT) at Abbot Point has shifted from one Adani Group entity to another, with no immediate change in the facility’s...
PacBasin: steady Q1 despite rate pain
HONG Kong minor bulks specialist Pacific Basin Shipping outperformed market indices in the traditionally slower first quarter but still saw daily time-charter equivalent rates for...
Record iron ore and copper from BHP
BHP has delivered record iron ore tonnes from its central Pilbara hub. In its operational review for the nine months ended 31 March 2025 it said the WA operation demonstrated its...
INTERCARGO “concerned” about IMO’s GHG decision
THE INTERNATIONAL Association of Dry Cargo Shipowners (INTERCARGO) has issued a response to the International Maritime Organization’s decision on greenhouse gas (GHG) reduction...
March tonnage up at Pilbara Ports
THROUGHPUT of 69.5 million tonnes at Pilbara Ports in March was up 4% compared to March 2024. Pilbara Ports encompasses the ports of Ashburton, Dampier, Port Hedland and Varanus...
Extreme weather hits Rio bottom line
EXTREME weather has taken its toll on Rio Tinto’s Pilbara iron ore operations. In a notice to the Australian Stock Exchange, Rio Tinto chief executive Jakob Stausholm said the...
