News
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week at 1462. This was a decrease of 6.5% on the previous Friday’s index of 1563. The BDI began last week at 1502, but it started declining,...
Big grain shipment exported from GeelongPort
A 52,000 thousand tonne export sale of durum wheat exported through GeelongPort is on its way to Algeria, while global supply of the commodity is tight. The bulk carrier...
Port Hedland buy back scheme extended by two years
THE WA government has extended by two years a scheme to buy back residential properties in Port Hedland's West End. The voluntary scheme enables the state government to purchase...
MOL enters charter contact for new LNG carrier
MITSUI O.S.K. Lines has signed a long-term charter contract for a newbuild LNG carrier with a vessel operation management company funded by Japanese energy firm Jera. This is the...
North Island port to upgrade energy products wharf
PORT Taranki has announced a NZ$1.5 million project to strengthen infrastructure at energy products wharf. The North Island port plans to reinforce the terminal’s sea wall and...
Program at WA port aims to diversify pilotage talent pool
A NEW employment program and simulation facility at the port of Port Hedland are aiming to provide more opportunities for women and the younger generation entering pilotage....
Crowley moves to launch LNG bunkering on Pacific side of Panama Canal
SHIPPING and energy logistics company Crowley said it is proceeding with plans to launch LNG bunkering on the Pacific side of the Panama Canal. Crowley would provide LNG bunkering...
DAFF commences review of Wheat Port Code
THE DEPARTMENT of Agriculture, Fisheries and Forestry has commenced a review of the Wheat Port Code of Conduct and has invited stakeholders to have their say. The Wheat Port Code...
Inland Rail section nears phase-one completion
MAJOR construction of the Inland Rail’s Narrabri to North Star Phase 1 section is on track for completion at the end of October. The section between Camurra and North Star in NSW...
Biosecurity funding model raises $97 million from importers in three months
THE SUSTAINABLE Biosecurity Funding model announced in May this year has collected an additional $11.3 million in fees and charges from importers in three months. Federal minister...
World's first LNG-fuelled Panamax bulker begins operation
THE WORLD’s first LNG-fuelled Panamax coal carrier has commenced operation and, according to AIS data, is now on its way to Newcastle. The 235-metre LOA, 59,233 DWT vessel Shoyo...
WA taskforce calls for broad coastal shipping reforms
WESTERN Australia’s Shipping and Supply Chain Taskforce has recommended policy and regulatory reforms to support Australian-owned shipping lines competing in domestic sea-freight...
PPA throughput down 2% in September
PILBARA Ports Authority has reported a total monthly throughput of 60.5 million tonnes in September 2023. The throughput figure was down 2% compared with the same month last year....
New Zealand Shipping Federation becomes full ICS member
THE NEW Zealand Shipping Federation has become a full member of the International Chamber of Shipping. NZSF is the representative body for New Zealand’s coastal operators,...
EU will not renew shipping consortia exemption from anti-trust rules
THE EUROPEAN Commission will not extend the EU legal framework that exempts liner shipping consortia from antitrust rules. In a statement, the commission said the Consortia Block...
