News
FMG hails ethnic and gender diversity in annual results
A DIVERSIFIED board of directors has been named as a factor in “outstanding results” announced by Fortescue Metals Group for the financial year just gone. The results were:...
Portable gangway injury prompts safety warning
INJURIES to two crew members on a bulker has prompted a safety warning about the importance of adhering to “best practice” while working aloft. The incident occurred in early...
Viva Energy’s response to IMO2020
MANUFACTURED locally at Viva Energy’s Geelong Refinery, its new very low sulphur fuel is the first of its kind to be produced in Australasia. The fuel, which has been in...
Business caution not trade wars causing slowdown: Deloitte
BUSINESS advisory firm, Deloitte Access Economics, has released its quarterly Economics Investment Monitor, which suggests that although trade wars continue to dominate the...
Newcastle welcomes wharf pricing decision
PORT of Newcastle has welcomed an Australian Competition Tribunal decision this week regarding navigation and wharf pricing. The matter related to a dispute between Glencore Coal...
Australian and Indonesian coal export volumes “positive”
COAL trade in the Pacific basin has been “generally positive” this year, benefiting exporters from both Australia and Indonesia, analysts Banchero Costa say. During the first nine...
Glebe Island multi-user facility approved
A NEW import, storage and distribution facility has been approved for construction at Glebe Island in Sydney Harbour. The Port Authority of New South Wales’ planned Multi-User...
Potential identified for Vietnam as a coal transhipment hub
TRANSHIPMENT specialist, Shi.E.L.D. Services, believes there growth in demand in Vietnam for coal, heightening that nation’s importance as a transhipment hib. This follows a...
LNG carriers to be equipped with TMC compressors
TMC Compressors of the Seas has signed a contract to supply a complete marine compressed air system and associated equipment to four of TMS Cardiff Gas Ltd’s LNG carriers. The...
Diana Shipping announces appointment of deputy CEO
DRY bulk shipping company Diana Shipping has announced the appointment of Semiramis Paliou as deputy chief executive. Ms Paliou has served as a director of the company since 2015...
TT Club wins insurance award in the Middle East
THE TT Club took out the title of Marine Insurer of the Year at this year’s The Maritime Standard Awards. The international freight and logistics insurer was represented at the...
New range of import and export financing
CMA CGM has launched Shipfin Trade Finance, its new range of financing services dedicated to importing and exporting, in partnership with Incomlend, a global invoice finance...
WOMEN IN MARITIME: A chance to celebrate #womeninmaritime
WHEN was the last time you visited the United Nations website on Observances of International Days? I suggest you take a look – there are quite a few amazing days to celebrate. In...
Plans in the wind for sail-driven coal carrier
MITSUI O.S.K. Lines and Tohoku Electric Power Co have announced plans to proceed with a joint study regarding the installation of the world’s first hard sail system (Wind...
Iron ore exports in 2019 tipped to be similar to 2018
AUSTRALIAN iron ore exports are expected to end the current year with about the same total volumes as in 2018, analysts Banchero Costa say. This was described as “quite...
