Investment consortium pulls out of GeelongPort acquisition
A PRIVATE equity firm and industry super fund have withdrawn from a $1.2 billion deal to acquire GeelongPort. The Australian Competition and Consumer Commission announced on...
Shipping association pushes GHG proposals to IMO
THE World Shipping Council has made suggestions to the International Maritime Organization to ensure GHG regulations adequately drive the industry’s transition to alternative...
Baltic Exchange Weekly Report - 26 August 2022
THE BALTIC Dry Index continued its downward spiral, propelled this week by plunging Capesize rates. The index ended last week at 1082, the lowest it has been in more than a year....
TotalEnergies’ completes COSCO’s first biofuel bunkering
TOTALENERGIES Marine Fuels in July completed the first refuelling of a COSCO containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel...
THE DCN WEEKLY: EPISODE 12
This week, Port of Melbourne continued working through its proposed capacity enhancement program, which has objectives to enable the development of a new container terminal and to...
NSW Ports calls for stronger rail freight networks
NSW Ports has called for greater investment in rail infrastructure to enhance connectivity between regional producers and the state’s ports. Private investment in the state’s...
Brown Marmorated Stinkbug season is almost here
BORWN Marmorated Stinkbug season is fast approaching, putting the shipping industry and its stakeholders on high alert. Between 1 September 2022 and 30 April 2023, seasonal...
MOL secures deals for six new LNG-fuelled ships
MITSUI O.S.K. Lines has announced plans to build six new ships that will use liquefied natural gas as their main fuel. MOL has signed a construction deal for four new capesize...
WA welcomes milestone on LNG export project
NATURAL gas producer Woodside Energy has commenced construction on a gas-transporting train as part of an LNG export project on the Western Australian coast. The new train is the...
Approval in principle for large-scale liquefied CO2 carrier
MITSUI OSK Lines has acquired approval-in-principle for the design of a large-scale liquefied carbon dioxide carrier from from Nippon Kaiji Kyokai (ClassNK). In June 2021, MOL...
Port of Melbourne continues with proposed capacity enhancement program
PORT of Melbourne is working through the next steps in its Port Capacity Enhancement Program. These steps, the port said, would help determine when additional capacity is needed....
Industry drops Indian Ocean "high-risk" piracy classification
FROM 1 January 2023, the boundaries of the high-risk piracy area off the coast of Somalia will no longer exist. The global maritime industry bodies have decided to declassify the...
Tiwi H2 project awarded major status
THE NORTHERN Territory government has awarded Provaris’ hydrogen export development on the Tiwi Islands major project status. The project, called Tiwi H2, is an integrated...
Hydrogen export project discussed at Sydney forum
THE Hydrogen Energy Supply Chain (HESC) Project Pilot was discussed at the recent Sydney Energy Forum, as senior executives from Project Partners, Kawasaki Heavy Industries (KHI)...
Diverted bulk carrier rescues kayaker
THE Australian Maritime Safety Authority has co-ordinated the rescue of a kayaker in the Indian Ocean with the help of a nearby bulk carrier. The kayaker had encountered bad...
