News
Japanese bulker installs Norsepower sail
MECHANICAL SAIL global player Norsepower has announced that the installation of one of its signature rotor sails onboard a Japanese bulk carrier. Bulk carrier Yodohime (85022...
Baltic Exchange weekly report - 24 January 2025
THE BALTIC Dry Index plummeted this past week, from 957 on Monday to 778 on Friday (24 January). The Baltic Dry Index for the week ending Friday 24 January 2024. Source: Baltic...
Industry gears up for new charcoal shipment regulations
THE WORLD Shipping Council has advised shippers to be ready to see carriers phase in tighter regulations on transporting charcoal. WSC, TT Club and the International Group of P&I...
Rehab mine provides first magnetite shipment
A REHABILIATED mine site in the Northern Territory, expected to produce 1.2 million wet tonnes of magnetite concentrate annually, has shipped its first despatch to Asia. The...
ICS launches new helicopter operations guide
THE INTERNATIONAL Chamber of Shipping has released the sixth edition of its Guide to Helicopter/Ship Operations. The ICS considers the guide an essential resource for masters,...
Baltic Exchange weekly report - 10 January 2025
THE BALTIC Dry Index landed at 1048 on 10 January – a decrease from the 1072 posted on Friday 3 January. Capesize The Capesize market experienced a turbulent week, beginning with...
GeelongPort and Riordan Grain sign four-year agreement
GEELONGPORT has announced it has signed a four-year lease agreement with Riordan Grain Services for a 3000 square meter shed on Corio Quay North. The on-site storage capacity is...
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...
