News


Oldendorff welcomes Capesize bulker Gina Oldendorff

1 min read
OLDENDORFF has named its latest Capesize newbuild after Australian mining magnate Gina Rinehart. The German shipping company recently welcomed Liberia-flagged MV Gina Oldendorff...
Oldendorff welcomes Capesize bulker Gina Oldendorff

Baltic Exchange weekly market report

10 mins read
THE BALTIC Dry Index continued its decline last week, hitting a nadir of 530 on Thursday (16 February) before inching up to 538 on Friday – 11% down on a week prior. The Baltic...
Baltic Exchange weekly market report

ICS reaffirms commitment to 2050 net zero

3 mins read
THE BOARD of the International Chamber of Shipping has submitted a revised proposal to the International Maritime Organization that reaffirms the industry’s commitment to meet...
ICS reaffirms commitment to 2050 net zero

GreenPorts Congress Oceania unpacks the elements of sustainability

2 mins read
DAY two of GreenPorts Congress Oceania 2023 explored some of the most important and challenging aspects of sustainability in the ports sector. This is the first time the...
GreenPorts Congress Oceania unpacks the elements of sustainability

Inaugural GreenPort Congress underway in Newcastle

2 mins read
THE INAUGURAL GreenPort Congress Oceania kicked off in Newcastle this week. Delegates from around the world travelled to the port city for the long-running industry gathering,...
Inaugural GreenPort Congress underway in Newcastle

Voyage optimisation can extend CII compliance by years, study finds

2 mins read
RESEARCH from ClassNK suggests voyage optimisation can help ships reduce emissions by 7.3% and extend their carbon intensity indicator ratings by up to three years. The...
Voyage optimisation can extend CII compliance by years, study finds

Cyclone Gabrielle causes havoc at NZ ports

3 mins read
CYCLONE Gabrielle is disrupting shipping and port operations in New Zealand. The New Zealand government declared a national state of emergency on Tuesday morning (14 February) as...
Cyclone Gabrielle causes havoc at NZ ports

Inflatable wing sail system receives AiP

2 mins read
DNV has awarded its first approval in principle for an inflatable wing sail system for cargo ships. French company Michelin Group developed the automated, retractable wing sail...
Inflatable wing sail system receives AiP

Aurizon reopens collision-damaged rail corridor

1 min read
AURIZON has reopened the rail corridor that was damaged by a train derailment and collision in Marmor, Queensland. The track between Gladstone and Rockhampton had been closed...
Aurizon reopens collision-damaged rail corridor

Pilbara ports' monthly throughput up in January

1 min read
PILBARA Ports Authority handled a total throughput of 64.9 million tonnes in January this year. PPA said the latest monthly figures are a 4% increase compared with the same month...
Pilbara ports' monthly throughput up in January

ARTC appointments to fill "capability gaps" of board

3 mins read
TWO new leaders have been appointed to the Australian Rail Track Corporation board following reported concerns about the governance of the Inland Rail project. The Australian...
ARTC appointments to fill

Ship crane fails at Port Kembla

1 min read
A SHIP crane cable broke, hurling a 24-tonne steel coil onto the wharf at Port Kembla. The incident occurred on 1 February as the vessel Pan Ivy was unloading at the NSW port....
Ship crane fails at Port Kembla

Baltic Exchange weekly market report

9 mins read
THE BALTIC Dry Index ended on 602 on Friday (10 February), down from 621 a week earlier. The sharp decline that started in late December appears to be softening. The Baltic Dry...
Baltic Exchange weekly market report

ICS Silver Spirit heads to Albany for urgent engine repairs

2 mins read
THE AUSTRALIAN Maritime Safety Authority has issued a legal direction to the Port of Albany to allow the ICS Silver Spirit to enter the port for repairs. ICS Silver Spirit is a...
ICS Silver Spirit heads to Albany for urgent engine repairs

Piracy still a risk in Western Indian Ocean, IMO warns

1 min read
THE INTERNATIONAL Maritime Organization is urging the shipping industry to stay alert to piracy in the Western Indian Ocean. The IMO and EU Naval Force Operation (EUNAVFOR)...
Piracy still a risk in Western Indian Ocean, IMO warns