TasPorts fishing for chips’ future model
FACING forthcoming reinvestment decisions TasPorts is launching an independent strategic review of the future ownership and operating model of Burnie’s woodchip export facility....
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Market recovery helps Pacific Basin’s Q3
PROMINENT Oceania dry bulk operator Pacific Basin Shipping has reported solid performance in an improving market in the third quarter of 2026 amidst high freight rates and...
Bodgie bolts behind engine-room crash
A CREW MEMBER of Rio Tinto Shipping’s Weipa-Gladstone bulker RTM Weipa was lucky to escape with minor injuries after being struck a glancing blow by part of an engine-room gantry...
Baltic Exchange Weekly Report - 16 October 2026
THE BALTIC Dry Index (BDI) continued trending downwards, finishing at 2511 points for 16 October 2026, down from 9 October's figure of 2917. This was its lowest in over three...
Perdaman chairman warns Australia is “on the brink”
PERDAMAN chairman Vikas Rambal says Australia’s dependence on imported fuel and fertiliser has left the nation dangerously exposed, warning that global supply shocks have pushed...
Baltic Exchange Weekly Report - 9 October 2026
THE BALTIC Dry Index (BDI) posted a weekly loss last week, finishing at 2917 points for 9 October 2026, down from 2 October's figure of 3148. Capesize The market remained under...
Logistics interlock behind new Melbourne trade
A NEW-TO-MELBOURNE bulk trade in mineral sands has seen a first shipment despatched after a logistics challenge was met by Iluka Resources, Qube, Australian Amalgamated Terminals,...
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Baltic Exchange Weekly Report - 2 October 2026
THE BALTIC Dry Index (BDI) decreased last week, finishing at 3148 points for 2 October 2026, up from 25 September's figure of 3426. Capesize The Capesize market surrendered all of...
Rio Tinto completes major Newcastlemax sell down
RIO TINTO has sold the last of its eight owned Newcastlemax bulk carriers, completing one of the largest single‑owner fleet disposals seen in the dry‑bulk market in more than a...
Waterfront technicians to walk off the job in Newcastle
WATERFRONT workers who are members of the Maritime Union are to rally at Newcastle’s NCIG coal terminal at noon on Tuesday (29 September) as part of their campaign for better...
Baltic Exchange Weekly Report - 25 September 2026
THE BALTIC Dry Index (BDI) rebounded last week, finishing at 3426 points for 18 September 2026, up from 18 September's figure of 3370. Capesize The Capesize market continued to...
Refloated Cape Falcon now under inspection
BLIGHTED bulker Cape Falcon is now safely located at Gladstone’s N11 under the direction of the Regional Harbour Master anchorage after rather unexpectedly floating free on this...
INSIGHT: Cape Falcon grounded and what your business can learn from it
WEEKENDS and holidays are notorious bad luck charms for maritime incidents to occur (especially four day weekends). The consequence of a 24/7 industry is it doesn't neatly happen...
OPINION: Cape Falcon grounding - Why doesn't Australia have its own OPA 90 style regime?
FOUR days into the Cape Falcon grounding, the owner is engaging salvors, who can then begin the work needed to shape a recovery plan: side scan for bottom profile, drafts/list, to...
Falcon remains unmoved, investigations commence
BULKER Cape Falcon remains aground on the edge of the dredge spoil ground adjacent to Gladstone’s bunkering anchorage for a fourth day and it’s still unclear if salvors have been...
