News
The DCN Weekly: Episode 56
THE FEDERAL government officially declared an offshore wind zone off the Hunter coast this past week, during a visit to Newcastle....
Record year for trade at Southern Ports
THE PORTS of Albany, Bunbury and Esperance have broken 16 trade records over the past 12 months, according to Southern Ports. The port authority said exports of spodumene and...
QLD port fuel import facility upgraded
FUEL supplier IOR, with support from the Queensland government, has completed $60-million upgrade of the Lytton Fuel Terminal at the Port of Brisbane. Works on the...
Government backs Gladstone hydrogen alumina plant
RIO Tinto and Sumitomo Corporation are to build a new hydrogen plant at Gladstone as part of a program aimed at lowering carbon emissions from the process of refining alumina. The...
Hydrogen export from WA takes step towards reality
THE WESTERN Australian government has welcomed the memorandum of understanding signed between Western Green Energy Hub and Korea Electric Power Corporation. The agreement is to...
AMSA diverts ships in Great Australian Bight rescue effort
A BULK carrier helped rescue a solo sailor in the Great Australian Bight over the weekend as part of a rescue effort co-ordinated by the Australian Maritime Safety Authority. AMSA...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1009. This was down 5.5% on Monday’s index, but up from a low of 993 on Thursday. The Baltic Dry Index for the week ending 7 July 2023....
The DCN Weekly: Episode 55
IN THE news this week, a new chair and board members were appointed to the Australian Maritime Safety Authority board....
WA port secures new export contracts
SOUTHERN Ports has secured export deals for iron ore and spodumene out of the Port of Esperance. The port authority has entered a three-year iron-ore export contract with Western...
AI-based voyage planning trial concludes
YARA Marine Technologies has concluded trials of an AI-based semi-autonomous voyage planning system. The so-called Via Kaizen project looked at a how AI and machine learning could...
New CEO at port infrastructure company
SOUTH Australian port infrastructure company T-Ports has appointed a new CEO. Nathan Kent stepped into the role on 1 July 2023, succeeding Scott McKay, who has served as CEO since...
Baltic Exchange weekly report
THE BALTIC Dry Index continued its downward trend this past week. The BDI stood at 1233 on Monday (xx June) and ended the week at 1091 on Friday, a 11.5% decline on the start of...
AiP for liquefied CO2 and ammonia carrier
CLASSNK has granted approval in principle to Mitsubishi Shipbuilding and Nippon Yusen Kabushiki Kaisha for a ship that can transport ammonia and liquefied carbon dioxide....
MOL signs charter deal for two new LNG carriers
JAPANESE transportation company Mitsui O.S.K. Lines and British energy company Ineos Energy Trading signed an agreement for the charter of two newbuild LNG carriers. The vessels...
New NYK compression system to reduce emissions
NYK Line is installing an engine air compression system on two LNG-fuelled coal carriers. It claims the system is a world-first. The variable compression ratio (VCR) system is...
