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...
Woodside signs major China LNG deal
DESPITE Woodside CEO Liz Westcott expressing concerns about the future of LNG at last week’s Energy Exchange Australia conference the oil and gas producer has signed a major...
Baltic Exchange Weekly Report - 14 March 2025
THE BALTIC Dry Index has risen once again during the week, ending at 1650 on Friday 14th March. The Baltic Dry Index for the week ending Friday 14th March 2025. Source: Baltic...
Apex Voyager stuck in Brisbane
THE PORT of Brisbane is back to normal operation and the Brisbane River was reopened on 14 March to commercial traffic in the wake of ex-cyclone Alfred. The bulk carrier Apex...
OPINION: Analysing the MV Solong and MV Stena Immaculate incident
NOW that a few days have passed since the tragic collision in the North Sea between the 'M/V Solong' and the tanker 'M/V Stena Immaculate,' I wanted to take a moment to share my...
Minister: LNG vital but decommissioning is not a government job
FEDERAL resources minister Madeleine King has hit back at concerns raised in speeches at the Energy Exchange Australia conference in Perth about the future of LNG. She told the...
Chamber says bleak picture if gas is jeopardised
THE CHAMBER of Commerce and Industry in Western Australia has sided with Woodside in a review into the state’s gas sector which paints a bleak picture if gas supplies are...
UK collision: containership aground, master charged
THE UK’s Marine Accident Investigation Branch of the Department of Transport is just one of several bodies now undertaking investigations into the Monday [UK time] collision...
