News
Man sentenced in ship fire case
KERRY Tong, the sole director of K.R Tong Engineering (in liquidation), was sentenced this week in the Napier District Court for failing to comply with his duties, exposing...
Monson acquires Meridian
AUSTRALIAN port agency Monson has acquired Meridian Port Agencies in a move that the company said would build its scale and international network. A statement from Monson said the...
Tasmania celebrates record container volumes
A RECORD 607,205 TEU transited Tasmanian ports in 2021-22, an increase of more than 2% since 2020-21. Infrastructure and transport minister Michael Ferguson shared the latest...
Baltic Exchange weekly market report
TEXT THE BALTIC Dry Index rounded off last week at 1324, slightly up on the previous two weeks, but down from a high on Wednesday of 1355. The Baltic Dry Index for the week ending...
October increase in Brisbane throughput
PORT of Brisbane saw a significant increase in container volumes crossing the wharves over October, according to the latest trade statistics from the port. Brisbane handled a...
Dual fuel generator engine obtains approval in principle
SHIP classification society ClassNK has issued an approval in principle for a dual-fuel generator engine designed to use hydrogen gas as fuel. The AiP also covers related...
Melbourne sees significant October throughput uptick
PORT of Melbourne’s total container throughput saw a marked increase this past October, compared with the same month last year, according to the latest available trade data from...
Container shipping market on track to normalisation, analyst says
THE LATEST shipping market overview and outlook from BIMCO indicates the container market is on track to normalisation. Shipping association BIMCO publishes shipping market...
UNCTAD calls for greater investment in ports and shipping
THE UNITED Nations Conference on Trade and Development is calling for greater investment in ports, shipping fleets and landside logistics. UNCTAD explored issues in the maritime...
Biosecurity Act amendments increase fines
NEW amendments, to the Biosecurity Act 2015 will increase penalties for breaches of the act. These amendments, which passed Parliament this week, allow the government to react...
Ammonia-fuelled bulker gains approval in principle
CLASSNK has issued an Approval in Principle for an ammonia-fuelled 200,000-DWT bulk carrier. The vessel was jointly developed by Itochu Corporation, Nihon Shipyard, Mitsui E&S...
Early works begin on NSW Inland Rail section
THE AUSTRALIAN Rail Track Corporation has commenced early works along the Albury to Illabo (A21) Inland Rail section. ARTC said the New South Wales minister for planning declared...
New methanol-fuelled tanker named
PROMAN Stena Bulk formally named its first newbuild IMOIIMeMAX methanol-fuelled 49,900 DWT vessel, Stena Pro Patria, in a ceremony hosted in Trinidad and Tobago on 23 November....
2022 DCN Australian Shipping & Maritime Industry Awards Winners Brochure
THE WINNERS Brochure for the 2022 DCN Australian Shipping & Maritime Industry Awards is now live. Click here to read the 2022 DCN Awards Winners Brochure, complete with all the...
Baltic Exchange Market Report
THE BALTIC Dry Index ended last week on an increase. Friday’s BDI was 1324, up from the previous Monday’s 1177. A week on the up: the Baltic Dry Index for the week ending 25...
