News


Ship crane fails at Port Kembla

1 min read
A SHIP crane cable broke, hurling a 24-tonne steel coil onto the wharf at Port Kembla. The incident occurred on 1 February as the vessel Pan Ivy was unloading at the NSW port....
Ship crane fails at Port Kembla

Baltic Exchange weekly market report

9 mins read
THE BALTIC Dry Index ended on 602 on Friday (10 February), down from 621 a week earlier. The sharp decline that started in late December appears to be softening. The Baltic Dry...
Baltic Exchange weekly market report

ICS Silver Spirit heads to Albany for urgent engine repairs

2 mins read
THE AUSTRALIAN Maritime Safety Authority has issued a legal direction to the Port of Albany to allow the ICS Silver Spirit to enter the port for repairs. ICS Silver Spirit is a...
ICS Silver Spirit heads to Albany for urgent engine repairs

Piracy still a risk in Western Indian Ocean, IMO warns

1 min read
THE INTERNATIONAL Maritime Organization is urging the shipping industry to stay alert to piracy in the Western Indian Ocean. The IMO and EU Naval Force Operation (EUNAVFOR)...
Piracy still a risk in Western Indian Ocean, IMO warns

Wärtsilä finishes “industry-first” retrofit

1 min read
WÄRTSILÄ has completed what it said was the maritime “industry’s first-ever shaft generator retrofit”. Wärtsilä retrofitted an inline shaft generator on Berge Toubkal, a cape-size...
Wärtsilä finishes “industry-first” retrofit

Containers burn at Turkish port after devastating earthquake

1 min read
A DEVASTATING earthquake has toppled containers and halted operations at ports on Turkey’s eastern Mediterranean coast. At the time of writing, the death toll from the...
Containers burn at Turkish port after devastating earthquake

Storms delay track recovery after Queensland train crash

1 min read
STORMS have delayed rail recovery works at the site of a train collision and derailment in Queensland. The rail corridor between Rockhampton and Gladstone has been closed since 29...
Storms delay track recovery after Queensland train crash

ACCC approves Aurizon’s sale of East Coast Rail

1 min read
THE AUSTRALIAN Competition and Consumer Commission has given the green light for Aurizon to sell its East Coast Rail business for $425 million. Aurizon in December signed a deal...
ACCC approves Aurizon’s sale of East Coast Rail

Coal demand high, set to decrease: IEA

3 mins read
GLOBAL coal use rose 1.2% in 2022, going beyond 8 billion tonnes in a single year for the first time, according to a report, Coal 2022, from the International Energy Agency. The...
Coal demand high, set to decrease: IEA

WA to move forward on maritime infrastructure recommendations

5 mins read
THE WESTERN Australian government has announced support (mostly) for the state infrastructure body’s recommendations for Westport, the Australian Marine Complex and direct...
WA to move forward on maritime infrastructure recommendations

Geraldton Port Expansion Project progresses

1 min read
CONSTRUCTION has started on a $4.5-million roundabout designed to improve grain movements at Geraldton Port. Positioned at the Marine Terrace intersection, the roundabout intends...
Geraldton Port Expansion Project progresses

NSW commits $24 million to boost rail freight out west

2 mins read
THE NSW government plans to invest $24 million to upgrade a section of rail in the state’s west to allow heavier freight trains to join the Inland Rail line. The funding targets a...
NSW commits $24 million to boost rail freight out west

The DCN Weekly: Episode 33

1 min read
THIS week, the Australian Transport Safety Bureau released its report an incident aboard liquefied hydrogen carrier Suiso Frontier....
The DCN Weekly: Episode 33

Baltic Exchange weekly market report

8 mins read
THE BALTIC Dry Index hit yet another nadir on Friday (3 February) when the index was 621. This was a decrease of 8% on the previous Friday and a decrease of 50% on one month ago...
Baltic Exchange weekly market report

Silica exports booming from Freo

1 min read
SHIPMENTS of high-grade silica through Fremantle Ports have skyrocketed from an average of 300,000 tonnes per year in 2016 to more than double this amount in 2022. According to a...
Silica exports booming from Freo