Baltic Exchange Weekly Report - 11 October 2024
THE BALTIC Dry Index has continued to decrease, declining to 1809 for the week ending 11 October. Capesize The Capesize market faced a generally soft week with declining rates...
Baltic Exchange Weekly Report - 4 October 2024
THE BALTIC Dry Index has decreased, falling to 1928 for the week ending 4 October. Capesize The Capesize market experienced a steady decline throughout the week, marked by...
GrainCorp trains return to upgraded Inland Rail line
FOR the first time in more than six years a GrainCorp train has been able to use the Narrabri to North Star section of Inland Rail, north of Moree, to deliver canola to the Port...
Baltic Exchange Weekly Report - 2 February 2024
THE BALTIC Dry Index dipped slightly throughout this past week before increasing to 1407 on Friday (2 February). The Baltic Dry Index for the week ending 2 February 2024. Source:...
Baltic Exchange Weekly Report - 26 Feburary 2024
THE BALTIC Dry Index landed at 1518 on 26 January, ending the week with the same number it began on. The Baltic Dry Index through Friday 26 January. Source: Baltic Exchange...
New product development director for Provaris
ASX-listed developer of hydrogen transportation systems Provaris has appointed Garry Triglavcanin as product development director. Mr Triglavcanin is at the same time stepping...
Baltic Exchange weekly report
THE BALTIC Dry Index declined during the first half of the week before an uptick on Thursday and Friday. The index ended the week at 1503 on Friday (19 January). The Baltic Dry...
Red Sea situation impacting ag sector logistics
TRADE logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to...
Rio Tinto’s Pilbara iron ore shipments increase in Q4
MINING company Rio Tinto has reported it shipped a total of 86.3 million tonnes of iron ore from its Pilbara operations over the course of the last three months of 2023. This is...
Pilbara Ports throughput sees small December decline
PILBARA Ports reported a total monthly throughput of 66.5 million tonnes of cargo for December 2023. This throughput was a 1% decrease compared with December 2022. The Port of...
Record year for container throughput in Singapore
ANNUAL vessel arrival tonnage at the Port of Singapore exceeded three billion gross tonnes in 2023, setting a record for the port. Singapore’s acting minister for transport Chee...
Baltic Exchange weekly report
THE BALTIC Dry Index fell over the past week to 1460 on Friday 12 January – a decrease of 30% on the previous Friday’s index. This past Friday marked the lowest point for the...
Melbourne container trade dips in November
PORT of Melbourne reported a decrease in container volumes in November 2023 compared with the same month in 2022. The port handled a total of 243,213 TEU in November, which was an...
Maersk Tankers acquires Penfield Marine
MAERSK Tankers has acquired Penfield Marine, a US-based pool operator. The combined company is to manage about 240 vessels, including about 45 vessels owned by affiliated...
Approval in principle for ammonia FSRU
CLASSNK has awarded Mitsui O.S.K. Lines an approval in principle for a design of a floating storage and regasification unit for ammonia. MOL and Mitsubishi Shipbuilding jointly...
