Ammonia release mitigation system receives AiP
DNV has issued an approval in principle for Wärtsilä Ammonia Release Mitigation Systems (WARMS), a new system from the technology company. The system is designed to mitigate the...
Ag sector value to fall from record heights: ABARES
THE OVERALL value of the agriculture sector is expected to fall by 14% in 2023-24, according to the Australian Bureau of Agricultural and Resource Economics and Sciences. ABARES’...
Three charged after bulk-carrier cocaine smuggling attempt
POLICE have charged three men allegedly linked to an organised crime syndicate that attempted to smuggle more than 800 kilograms of cocaine into Australia hidden on a bulk...
Baltic Exchange weekly report
THE BALTIC Dry Index fell off a cliff last week, winding up at 919 on Friday (2 June). The index has plummeted 44% since a recent high of 1640 on 10 May. The BDI fell 18% just...
AMSA bans bulker Babuza Wisdom
THE AUSTRALIAN Maritime Safety Authority has banned the Panama-flagged bulk carrier Babuza Wisdom for 90 days for what it said was “a plethora” of detainable deficiencies,...
Record grain exports at Southern Ports
THE PORTS of Albany, Bunbury and Esperance handled record volumes of grain this year. The Southern Ports Authority has reported its three ports together exported more than 8...
Ore train collision highlights need to follow rules: ATSB
AN INVESTIGATION into an ore train collision in Weipa has highlighted the importance of following published rules and procedures. The Australian Transport Safety Bureau on...
The DCN Weekly: Episode 49
IN THE news this week, Australian Border Force officers found 300 kilograms of methamphetamine in a steel hydraulic press sent from Mexico by sea....
Baltic Exchange weekly report
THE BALTIC Dy Index fell further last week, winding up at 1172 on Friday. This follows on from two and a half weeks of steady decline, starting from a peak of 1640 on 10 May. The...
Shofu Maru named ship of the year
SHOFU Maru, the bulk carrier fitted with a Wind Challenger hard sail, has been named ship of the year in Japan. The Ship of the Year Awards, now in their 33rd year, aim to...
Dalrymple Bay Infrastructure earnings grow in FY22
DALRYMPLE Bay Infrastructure has had a successful 2022 financial year, according to its managing director and CEO Anthony Timbrell. Speaking at the company’s 2023 annual general...
New CEO at trucking association
THE AUSTRALIAN Trucking Association has appointed Mathew Munro as its new CEO. Mr Munro is currently the executive director of the Australian Livestock and Rural Transporters...
Port of Melbourne contributes billions to national economy: report
PORT of Melbourne contributed more than $11 billion in economic activity to the Australian economy, according to its recently released ACIL Allen 2021-22 Economic Contributions...
VertomCory acquires Monson Agencies
LOGISTICS and shipping agency group VertomCory has acquired Australian Monson Agencies from Five V Capital. VertomCory said through the purchase, it is expanding its global...
Baltic Exchange weekly report
THE BALTIC Dry Index saw a decline over the past week. The index was 1384 on Friday (19 May). It ended the previous week at 1558 on Friday (12 May). The BDI started last week...
