MOL enters charter agreement for new LNG carriers
MITSUI OSK Lines has signed a long-term charter contract for three newbuild LNG carriers, to be delivered in 2028. The contract is between MOL and ENN LNG (Singapore), a...
Productivity Commission draft report celebrated and rejected
THE Productivity Commission’s draft report on Australia’s maritime logistics system has been received with varying degrees of satisfaction and disappointment. Published on 9...
The week in bulk: BDI begins to climb
THE Baltic Dry Index appears to be continuing on an upward trend after last week dropping to its lowest point in more than a year. On Friday 9 September the index ended at 1213....
NYK receives approval for ammonia-fuelled gas carrier
A CONSORTIUM of companies including NYK Line has received an approval in principle for a gas carrier designed to transport and run on ammonia. The consortium comprises NYK, Japan...
Record harvest exposed issues with grain port regulations, ACCC says
A RECORD grain harvest between 2020 and 2021 has exposed issues with the regulation of grain ports, according to the Australian Competition and Consumer Commission. The ACCC...
Moss Vale-Unanderra freight line to reopen
A CRITICAL rail freight link to Port Kembla is set to reopen next month after landslips damaged the track earlier this year. The Moss Vale-Unanderra line closed on 9 March when...
New port to ease congestion in Timor-Leste
A NEW port facility has been built in Timor-Leste to allow larger ships to call the small nation, according to Swire Shipping. In an operational update, Swire Shipping confirmed...
Landside congestion at Port of Brisbane sparks concern
LANDSIDE congestion appears to be building up around Port of Brisbane, according to Shipping Australia and Container Transport Alliance Australia. Shipping Australia warned...
Two sailors rescued in Tasman Sea
TWO sailors have now been rescued from a yacht battling severe weather in the Tasman Sea. The Australian Maritime Safety Authority co-ordinated the rescue with assistance from the...
MOL receives AiP for LCO2 carrier design
MITSUI O.S.K. Lines and Mitsubishi Shipbuilding have been granted approval in principle for the design of a 50,000 cubic metre liquefied CO2 carrier. The AiP was awarded by...
AMSA, air force and police join forces on Tasman Sea rescue
THE Australian Maritime Safety Authority is co-ordinating the rescue of two crew members from a sailing vessel in the Tasman Sea. At the time of writing (Tuesday afternoon) it is...
Agricultural exports on track to reach record $70.3 billion
AUSTRLAIA’S agricultural exports are forecast to reach a record $70.3 billion for 2022-23, almost 50% more than what it was a decade ago (accounting for inflation). The latest...
Cross-industry collaboration crucial to fuel availability, report finds
CROSS-INDUSTRY collaboration could help overcome the “ultimate hurdle” of fuel availability in shipping, according to classification society DNV. The company explores the...
AMSA diverts bulk carrier to rescue sailor
A SAILOR was rescued off the Western Australian coast over the weekend after the Australian Maritime Safety Authority diverted a nearby bulk carrier. The sailor, an Austrian...
New communication data service "a turning point in maritime safety"
SATELLITE communications provider Inmarsat has launched a maritime data service to modernise safety communication in global shipping. The service, Fleet Safety, has been described...
