News
Capacity shortages a challenge for breakbulk in 2022
CAPACITY shortages and service disruptions created challenges for the entire breakbulk industry in 2022, according to Wallenius Wilhelmsen. The shipping company said the industry...
Wild weather impacts shipping on QLD coast
THE CENTRAL and north Queensland coast has been battered with wild weather over the past days, with some shipping affected. The Bureau of Meteorology has issued a severe weather...
Big year ahead for grain exports
WESTERN Australia is looking at a big year for grain exports, as WA grain growers’ co-operative CBH Group reports record grain volumes for the 2022-23 harvest. The group set the...
"All but abandoned" livestock carrier to be sold
AUSTRALIAN Independent Shipbrokers has been appointed broker in the sale of a ship arrested of Portland, Victoria. Liberian-flagged livestock carrier Yangtze Fortune (IMO:...
Pilbara throughput dips slightly in December
THROUGHPUT figures at Pilbara ports dropped slightly last month. Pilbara Ports Authority said it handled a total of 67.2 million tonnes in December 2022, a 2% decrease compared...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued its tumble last week, hitting on Friday the lowest point in more than a year. The index on Friday (13 January) was 946. This was a decline of 45%...
Provaris and Norwegian Hydrogen to collaborate on hydrogen value-chain projects
AUSTRALIAN energy company Provaris is collaborating with Norwegian Hydrogen to develop green hydrogen value chain projects in the Nordic region. Their intent is to accelerate the...
WA approves land for export industry development
WESTERN Australia’s Industrial Lands Panel has approved allocations of land for seven projects in the Boodarie and Ashburton North strategic industrial areas (SIAs). The...
New study to explore green fleet renewal opportunities
DNV has partnered with a sustainable shipping alliance on a study aimed at decarbonising shipping in the Baltic and North Sea. The classification society and the Responsible...
Approval in principle issued for ammonia barge
CLASSNK has issued an approval in principle for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard (NSY), and IHI...
2022 record year for tanker derivative volumes
THE DERIVATIVES market for clean and dirty tankers saw increased traded volumes in 2022, according to data from the Baltic Exchange. Tanker-forward freight agreement volumes hit...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued a steep decline this past week, hitting 1130 on Friday. The decline began after the index saw a peak of 1723 on 21 December; it has declined every...
275 alternative-fuelled ships ordered in 2022
TWO hundred seventy five ships with alternative fuels (excluding battery-operated vessels) were ordered in 2022, according to DNV’s recently published Alternative Fuels Insight...
First shipment from lithium mine loads at Darwin
THE FIRST shipment of lithium from Core Lithium’s Finniss Lithium mine began loading onto the bulker Rossana at the Port of Darwin last week. Construction on the mine began in...
Merry Christmas and happy New Year to all our readers
AS 2022 draws to a close all of us here on the DCN news desk would like to wish our readers a merry Christmas and a safe, happy and prosperous New Year. We hope the coming weeks...
