Floating ammonia production unit receives AiP
DNV has issued an approval in principle for a floating ammonia production unit. Dutch offshore energy company SwitcH2 and Norwegian company BW Offshore are developing the...
MOL offsets emissions from Australia-Japan voyage
MITSUI O.S.K. Lines said it has offset emissions from an iron ore carrier’s voyage from Australia to Japan. Japan-flagged bulk carrier Shinzan Maru, operated by MOL, is engaged in...
New NYK coal carrier aims for carbon neutral
A NEW coal carrier in NYK Line’s fleet will offset carbon emissions on its contracted voyage with an electricity company. The new ship, Kagura, is to operate under a long-term...
Swire announces new East Timor Service
SWIRE Shipping is launching a new shipping service connecting Darwin with Timor-Leste, Singapore and Indonesia. The East Timor Service (ETS) will call ports of Singapore, Dili,...
Increase in February throughput in the Pilbara
TOTAL cargo throughput at ports in the Pilbara in February increased by 5% compared with the same month last year, according to the latest data available from the Pilbara Ports...
The DCN Weekly: Episode 38
IN the news this week, Senator Bridget McKenzie called for the infrastructure and transport minister to issue a Section 11 exemption from the Coastal Trading Act 2012 to allow...
Baltic Exchange weekly market report
THE BALTIC Dry Index has continued on its steep upward trajectory that started at its nadir in mid-February. On Friday, the BDI was 1424, an increase of 17.6% on the week before...
Shipping line signs decarbonisation agreement with miner
KAWASAKI Kisen Kaisha (K Line) has signed a memorandum of understanding with miner Anglo American to establish a working committee for collaborative research on decarbonisation. K...
MOL inks deal on study of clean fuel value chain
MITSUI O.S.K. Lines has signed a memorandum of understanding on building a “clean hydrogen and ammonia value chain” with the Electricity Generation Authority of Thailand,...
Commercial hydrogen exports from Vic a step closer to reality
AN AUSTRALIAN joint venture between Japanese organisations J-Power and Sumitomo Corporation (JPSC JV) has been selected as the preferred hydrogen provider to Japan Suiso Energy...
NYK completes biofuel pilot project
JAPANESE LPG importer Astomos Energy Corporation and Japanese shipping line NYK have completed a biofuel pilot project. The project was carried out on LPG carrier Lycaste Peace...
Baltic Exchange weekly market report
THE BALTIC Dry Index saw a sharp uptick over the past week, hitting 1211 on Friday, up from 883 a week before. Friday’s BDI was the highest point since early January, and 128% up...
Melbourne trade volumes down in January
PORT of Melbourne reported a decrease in total container throughput in January on the same month last year. A total of 257,227 TEU crossed the wharves at Melbourne in January, a...
Dalrymple Bay Infrastructure reports increase in revenue, decrease in volume
THE DALRYMPLE Bay Terminal exported 53.3 million tonnes of coal over 2022 (down 1.8% from 2021), according to its results announcement, released on Monday (27 February)....
Baltic Exchange weekly market report
THE BALTIC Dry Index last week posted a turnaround from its months-long freefall. The index inched upward throughout last week to hit 883 on Friday. This was 64% above the end of...
