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...
Conflict in the South China Sea threatens 90% of Australia’s fuel imports: study
By Richard Oloruntoba, Associate Professor of Supply Chain Management, Curtin University; Booi Kam, Professor, RMIT University; Hong-Oanh Nguyen, Associate Professor, University...
The week in bulk: BDI hits lowest point in more than a year
THE Baltic Dry Index continued its weeks-long decline, hitting the lowest point in more than a year on Friday (19 August) when it hit 1279. A downward trend: the Baltic Dry Index....
THE DCN WEEKLY: EPISODE 11
The news this week ended with the launch of industrial action at Darwin Port. A dispute brewing over the past month led to work stoppages and a series of indefinite work bans as...
New digital tools to help maritime economies overcome trade disruptions
THE UNITED Nations Conference on Trade and Development is launching new digital tools to help maritime countries and ports reinforce supply chains against disruptions. UNCTAD said...
Shipping lines join forces on maritime job redesign
THE SINGAPORE Maritime Foundation has partnered Pacific International Lines and Pacific Carriers on a pilot project aimed at attracting new talent to the maritime industry. The...
Pilbara throughput on the up in July
PILBARA Ports Authority has reported an increase in throughput for the month of July. The ports delivered a total monthly throughput of 62.8 million tonnes last month. This was an...
NYK is first Asia-Pacific client for biofuels provider
BIOFUELS provider GoodFuels announced it had supplied marine biofuel to NYK’s bulk carrier Frontier Explorer. The compay said it was the first such delivery to a major maritime...
