Australian hydrogen carrier developer signs MOU
ASX-listed Provaris has signed a 12-month memorandum of understanding with Uniper to evaluate the delivery of green hydrogen to Germany using Provaris’ compressed hydrogen H2Neo...
Bulk wheat port code no longer fit for purpose: ACCC
THE AUSTRALIAN Competition and Consumer Commission has called for the Port Terminal Access (Bulk Wheat) Code of Conduct to be allowed to sunset on 1 October 2024. In its...
Miners, BIMCO outline progress on trade digitalisation
FOUR major mining companies, together with international shipowners association BIMCO, have published a position paper that proposes ways to accelerate the adoption of digital...
Baltic Exchange weekly report
THE BALTIC Dry Index fell slightly at the end of a dynamic week, but the index is still higher than it has been for most of the past year. The BDI hit 2348 on Friday (15...
Newcastle reports strong November trade
PORT of Newcastle handled 13.4 million tonnes of trade in November 2023, which was a 32.5% increase on the same month last year. Total exports were up 34% to almost 13 million...
Tanker attacked in Red Sea
A MISSILE launched from Houthi-controlled territory in Yemen has struck a commercial tanker in the Red Sea. Two US officials told Reuters on Monday the missile caused a fire and...
Two charged over maritime drug bust
POLICE have charged two men for their alleged involvement in the importation of 560 kilograms of cocaine into Australia via a bulk carrier. Authorities seized the cocaine in...
Baltic Exchange weekly report
THE BALTIC Dry Index climbed to lofty heights early last week before a steep decline in the latter part of the week. The index hit a high of 3346 on Tuesday (4 December) before...
ECTA deal boosts Australia-India trade in 2023
THE VALUE of trade between India and Australia has increased significantly over the past year and could potentially have doubled by the end of 2023, according to the High...
WA govt invests in Pilbara freight railcar manufacturing
THE WESTERN Australian government plans to set up a new centre in the Pilbara to boost local freight railcar manufacturing. The government on Thursday announced a $998,000 funding...
ICS launches second Engine Room Procedures Guide
THE INTERNATIONAL Chamber of Shipping has released the second edition of its Engine Room Procedures Guide. The second edition includes updates on future fuels and enclosed space...
OMC marks 30 years of DUKC
TWENTY twenty-three is the 30th anniversary of OMC International’s DUKC. The dynamic under-keel clearance system was first installed at the Queensland coal port of Hay Point. OMC...
Value of Aussie ag production to fall in 2023-24
THE AUSTRALIAN Bureau of Agricultural and Resource Economics predicts the value of Australian agriculture production will fall as increasing global supply and drier conditions...
Commercial ships under fire in Red Sea
THERE has been another wave of attacks against ships in the Red Sea. The US military, cited by Reuters, reported on Sunday that three commercial vessels had come under attack in...
Maersk Tankers orders 10 very large ammonia carriers
MAERSK Tankers has put in an order for up to 10 very large ammonia carriers with Hyundai Samho Heavy Industries in South Korea. Japanese conglomerate Mitsui is to join as a...
