Baltic Exchange Weekly Report - 8 May 2026
THE BALTIC Dry Index (BDI) peaked at 3027 this week before closing at 2978 points for 8 May 2026, which was still an increase from 1 May's figure of 2730. Capesize The market...
Report highlights equipment failures in global fleet
A REPORT detailing “critical and recurring equipment failure points” within ships across the world has been released by the International Association of Classification Societies...
Underpaid crew sees another ship banned – corrected version
AMSA has issued a third ban in less than two months after another shipping company was found to have underpaid its crew, breaching the Maritime Labour Convention. On 23 April...
Baltic Exchange Weekly Report - 1 May 2026
THE BALTIC Dry Index (BDI) continued its recent rise, closing at 2730 points for 1 May 2026, up from 24 April's figure of 2665. Capesize The market began the week lacking clear...
Crew member lost from tanker in Port Phillip
UPDATE: Victorian Water Police located the body of the missing crewmember in waters off Frankston at around 1430 this afternoon. VicPol says the male is yet to be formally...
Baltic Exchange Weekly Report - 24 April 2026
THE BALTIC Dry Index (BDI) continued its upward trajectory, closing at 2665 points for 24 April 2026, up from 17 April's figure of 2567. Capesize The market began the week with...
Next-gen CABUs for Australian trade
NORWAY’s Klaveness Combination Carriers (KCC) has taken delivery of the second of three improved caustic soda/bulk carriers (CABUs) specified for the company’s Australian trade....
Rio Tinto quietly restructuring its marine fleet
MINING giant Rio Tinto appears to be reshaping the structure and operation of its global marine fleet, with a combination of vessel disposals, towage‑contract consolidation and a...
Hormuz crisis: fuel uncertainty dominates global shipping trade
FUEL volatility has become the key driver for global ocean and air freight as the Hormuz crisis continues, global logistics giant DHL says. The latest DHL Air Freight Market...
Australia identified as CCUS hub
A CONSORTIUM that includes BHP and Chevron Australia has identified Australia as one of five first-of-their-kind carbon capture, utilisation and storage (CCUS) hubs in the Asian...
War and weather cost Qube
QUBE, Australia’s biggest integrated logistics provider has told the Australian Securities Exchange (ASX) that the Middle East conflict and adverse weather will have an impact on...
Baltic Exchange Weekly Report - 17 April 2026
THE BALTIC Dry Index (BDI) closed at 2567 points for 17 April 2026, up from the 27 March's figure of 2201. Capesize The market delivered a firm performance over the week, building...
Regulatory doubts see Pacific Basin change course
HONG Kong-listed minor-bulk specialist Pacific Basin Shipping has simplified some orders for newbuildings by abandoning dual-fuel specifications in light of uncertainty...
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Farmers get a boost from Indonesian fertiliser deal
A COMMERCIAL deal between Incitec Pivot Fertilisers and PT Pupuk Indonesia is to see a quarter of a million tonnes of additional agricultural grade urea shipped to Australia. The...
Baltic Exchange Weekly Report - 10 April 2026
THE BALTIC Dry Index (BDI) closed at 2201 points for 10 April 2026, up from the 27 March's figure of 2031. Capesize The market resumed after the Easter break with renewed...
