Baltic Exchange weekly market report
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...
Silica exports booming from Freo
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...
Discussion paper makes the case for coastal shipping reform
THE national regulatory regime does not support the aims of an Australian shipping industry, making it not “commercially attractive for Australian companies to put nationally...
Investigation launched into freight and coal train collision
AN INVESTIGATION is underway following a derailment and collision involving an Aurizon coal train and a Pacific National freight train on Sunday. The incident occurred in...
PPA and Japanese port partner on renewable energy trade
PILBARA Ports Authority has signed a memorandum of understanding with the Port of Himeji in Japan to boost renewable energy trade opportunities. The MoU intends to support...
Marine insurers' portfolios not in line with climate goals: report
EIGHT marine insurers have published data to understand how their hull and machinery insurance portfolios are tracking against the shipping industry’s climate targets. Insurers...
AIP received for ammonia-powered bulk carrier
CLASSNK has given approval in principle for the design of an ammonia-powered bulk carrier. Mitsui OSK Lines, Mitsui and Mitsubishi Shipbuilding jointly designed the vessel, which...
The DCN Weekly: Episode 32
IN THE news this week, Maersk and MSC announced the end of their 2M alliance in 2025. https://open.spotify.com/episode/0Afrvj5Acuuhq7OnLilNBc?si=297f2149d4c74cda The...
Investigation underway in Newcastle, reports of drugs on ship
A BULK carrier berthed in Port of Newcastle allegedly arrived with drugs attached to its hull. DCN understands the ship was escorted into the port this week to berth at the...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued its fall last week, hitting a new nadir of 676 on Friday (27 January). This was a decrease of 11.4% on the previous Friday. The BDI has not been at...
Dual-fuel LPG carrier delivered for NYK
KAWASAKI Heavy Industries has this week delivered a liquefied petroleum gas carrier for NYK Line. Lantana Planet is the 69th LPG carrier the company has built, and its fourth...
Will higher steel values mean dry bulk carriers hold their value?
ANALYSIS of the dry bulk carrier values undertaken by consultancy Zuoz Industrial, and commissioned by the Baltic Exchange, looks at the potential impact of longer-term higher...
The DCN Weekly: Episode 31
IN the news this week, Australian Independent Shipbrokers was appointed broker in the sale of Yangtze Fortune, a livestock carrier abandoned off the cost of Victoria....
Baltic Exchange weekly market report
THE Baltic Dry Index fell off a cliff this past week, falling to 763 on Friday (20 January). This was a decrease of 19% on the previous Friday (when it was 946) and a decrease of...
Adelaide container trade slightly down in December
CONTAINER throughput at Port Adelaide declined in December, according to the latest data available from Flinders Ports. The port handled a total of 25,210 TEU last month – a...
