Inland Rail section opens for freight
EIGHTY-THREE kilometres of upgraded Inland Rail track is now open. The Australian Rail Track Corporation confirmed today (25 November) it has completed work on a section of track...
Inmarsat to launch maritime safety terminal
INMARSAT has unveiled plans for a next-generation maritime safety terminal. The satellite communications company intends to connect the new terminal to Inmarsat’s ELERA L-band...
Increases in trade at Botany and Kembla
CONTAINER trade at Port Botany last month saw an increase, with upticks in both export and import volumes. In October 2022, the port handled a total of 252,425 TEU – an increase...
Shipping lines join forces with power company on ammonia study
MITSUI O.S.K. Lines, NYK Line and Japanese power generation company Jera are launching a joint study on transporting ammonia as a fuel. The two shipping companies signed a...
Hydrogen export project in Tiwi Islands progresses
PROVARIS’ project in the Tiwi Islands to develop a hydrogen production and export facility has advanced with several appointments across key workstreams. The company said the...
Spirit Super and Stonepeak to acquire GeelongPort
AUSTRALIAN super fund Spirit Super and US investment firm Stonepeak have agreed to acquire GeelongPort. Spirit Super and Stonepeak signed the definitive agreement on Sunday (20...
Direct shipping between Tasmania and NZ begins
A DIRECT shipping service between Tasmania and New Zealand commenced last week. The launch of the new service was marked as general cargo vessel Muntgracht received the first...
Baltic Exchange weekly market report
THE BALTIC Dry Index fell further this past week. It started at 1325 on Monday (14 November) and ended the week at 1189 on Friday (18 November). The Baltic Dry Index for the week...
Governments urged to do more for shipping's role in energy transition
A REPORT suggests deficiencies in international government projects and policies are holding back investment in the shipping infrastructure needed to support the global energy...
Better connectivity at sea can support decarbonisation, report says
A STRATEGIC approach to connectivity at sea could influence the outcome of the shipping industry’s decarbonisation efforts, a new report suggests. Global satellite communications...
Tug situation threatens Christmas: minister
MINISTER for employment and workplace relations Tony Burke on 2GB Breakfast today said he was “devastated by the way the whole dispute has unfolded”. Svitzer on Monday announced...
OPINION: Implications for insurers and suppliers of Svitzer lockout
By Mills Oakley partner Maurice Lynch and lawyer George Glen SVITZER is a leading marine towage company whose services are critical to allowing container ships and bulk carriers...
Mid West Ports welcomes new leaders
MID West Ports Authority has appointed a new executive and manager to its leadership team. MWPA announced on Friday (11 November) Courtney Ackland will soon join the organisation...
Baltic Exchange Market Report
THE Baltic Dry Index remained relatively flat over the past week. It started the week at 1337. It rose to a high of 1393 on Wednesday before settling to 1355 on Friday. The Baltic...
The DCN Weekly: Episode 23
THIS week's episode of The DCN Weekly features special coverage of the 2022 DCN Australian Shipping & Maritime Industry Awards. Record numbers of guests came together in Melbourne...
