Navigational aids overhaul lined up for Torres Strait
THIRTY-SEVEN new aids to navigation are being installed in the Torres Strait under a $4 million Queensland government investment. An assessment by the Department of Transport and...
The week in bulk: A slight upturn after this week's plunge
THE Baltic Dry Index dropped to 965 on Wednesday (31 August), the only triple-digit day recorded in more than a year, before increasing slightly to 1086 on Friday 2 September. A...
Black Sea corridor has lowered global food prices, UN says
THE maritime corridor facilitating Ukrainian and Russian grain exports has shown “encouraging success”, according to the International Chamber of Shipping. The grain corridor was...
Rail upgrade boosts freight capacity from regions to port
UPGRADES to rail freight lines in Victoria have increased tonnage capacity at four grain terminals and have strengthened rail access to Port of Melbourne. The Shepparton-Tocumwal...
NZ union calls for full investigation into man-overboard incident
A MARITIME union has called for an investigation into crew welfare and labour concerns after a seafarer was presumably lost overboard off the coast of New Zealand on the weekend....
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A PRIVATE equity firm and industry super fund have withdrawn from a $1.2 billion deal to acquire GeelongPort.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...
