News
No dedicated lookouts on collision vessels
THE INTERIM report of the UK’s Marine Accident Investigation Branch into the 10 March collision between containership Solong and tanker Stena Immaculate has revealed neither...
Baltic Exchange Weekly Report - 4 April 2025
THE BALTIC Dry Index has fallen again during the week, landing at 1489 on Friday 4th April. Capesize The Capesize market started the week slowly due to the Hari Raya Puasa holiday...
Zespri cooking on all burners
NEW Zealand kiwifruit exporter Zespri and conventional reefer vessel specialist Fresh Carriers Co have completed the first ever biofuel kiwifruit charter, powered by a...
Rio buys WA-made railcars for Pilbara mines
THE FIRST of 100 locally made iron ore railcar wagons has been built for iron ore giant Rio Tinto’s Pilbara operations. Built by Gemco Rail at its Forrestfield premises in the...
Baltic Exchange launches marine fuel equivalence converter
BALTIC Exchange has launched the maritime industry’s first-ever Fuel Equivalence Converter, intended to simplify the commercial and operational impact assessments of alternative...
NYK completes ENEOS fleet acquisition
NYK’s agreement to take over all of compatriot ENEOS Ocean Corporation’s shipping business, with the exception of its crude-oil tanker business, took effect yesterday [1 April]....
Townsville trade drops in February
CONTAINER throughput at the Port of Townsville for February was down on January’s numbers, according to the latest available trade statistics from the port. Through the month, a...
Baltic Exchange Weekly Report - 27 March 2025
THE BALTIC Dry Index has fallen again during the week, landing at 1621 on Thursday 27th March. Capesize The Capesize market started the week on a firmer note but gradually...
NYK attains AiP for liquefied CO2 carrier design
KNUTSEN NYK Carbon Carriers AS (KNCC), a subsidiary of Japanese shipping line Nippon Yusen Kabushiki Kaisha, has obtained an Approval in Principle from ClassNK for the design of...
OCIMF updates tanker single point mooring guidelines
THE OIL Companies International Marine Forum (OCIMF) has published a revision of its Guidelines for the Purchasing and Testing of SPM Hawsers, critical equipment used to ensure...
MOL announces charter joint venture with CMB.TECH
JAPAN’S Mitsui Osk Lines and Belgium’s CMB.TECH, controlled by the Savery family, have established a joint venture to own and charter a total of nine Capesize bulkers and chemical...
ATSB’s hands full with March incidents
THE AUSTRALIAN Transport Safety Bureau has logged three incidents warranting thorough investigation so far this month, one involving a serious injury. The Bureau is collecting...
Cargo hold deaths prompt safety review
FOLLOWING the deaths of three stevedores in a cargo on the bulk carrier Berge Mawson the UK’s Marine Accident Investigation Branch has called for a review into the Code of Safe...
Pilbara Ports calls for Lumsden Point tenders
TENDERS are being called for the next round of development at Pilbara Ports’ Lumsden Point development. The tenders are for the engineering, procurement, construction and...
KMAX Leader owners fined for Great Barrier Reef threat
THE OWNERS of a vessel that posed a potential threat to the Great Barrier Reef have been fined $63,000 in the Gladstone Magistrates Court. Universal Shipping Alliance Ltd, the...
