Portland Bay safely berths at Port Botany
THE bulk carrier Portland Bay safely berthed at Port Botany’s Hayes Dock 3 early this afternoon. The vessel remained safe and stable overnight anchored off Cronulla. Portland Bay...
Proman Stena Bulk takes delivery of second methanol-fuelled tanker
PROMAN Stena Bulk, a joint venture between methanol producer Proman and tanker shipping company Stena Bulk, has this week taken delivery of its second methanol-powered newbuild...
Global shipping industry and customs authorities join forces to tackle illicit drug trade
REPRESENTATIVES from shipping companies and customs authorities around the world met in Brussels recently to strategise ways to step up the fight against drug trafficking. A...
Tugs unable to pull stricken Portland Bay out to sea
EFFORTS to tow the stricken bulk carrier Portland Bay to deeper water stalled late in the evening on Monday 4 July when tow lines snapped in “extreme” weather conditions. The...
FedEx expands freight capacity between Australia and New Zealand
FEDEX Express has announced the launch of a new trans-Tasman air freight service connecting Australia and New Zealand in response to the "rapid" growth of trade between the two...
Portland Bay drifts towards NSW coast after losing power
THE BULK carrier Portland Bay lost power after it departed Port Kembla on 3 July and drifted towards the shore, dropping its anchors about 1 nautical mile off the Royal National...
Coal to lead surge in Aussie energy exports: REQ
NEARLY two years after China effectively cut off Australian coal exports the commodity is setting price and tonnage records as new export markets open and long-standing buyers...
The week in bulk: A mostly mild week
THE Baltic Dry Index on Friday 1 July was 2214, a very slight decline from the previous Friday’s 2331. The BDI average for the week ending this past Friday was 2228, down 8% on...
THE DCN WEEKLY EPISODE 4: A roundup of the week's news
IN THE latest episode of The DCN Weekly, we talk Great Barrier Reef shipping breaches, a dangerous protest in Port of Hobart, a toxic gas explosion and more....
Referral submission lodged for Tiwi Islands green hydrogen export project
ENERGY company Provaris has lodged a referral submission with the Northern Territory Environment Protection Authority for a green hydrogen export project in the state’s Tiwi...
Schedule reliability in May slightly lower than 2021 levels
THE LATEST data from shipping analyst Sea-Intelligence suggests global schedule reliability is currently between 30% and 40%, following a trend seen in 2021. It said schedule...
Swire Shipping affiliate acquires Westwood Shipping Lines
SWIRE Shipping affiliate SSPL US has concluded the acquisition of independent vessel operator Westwood Shipping Lines. Westwood services the Transpacific trade as a multipurpose...
Master and officer fined $75,000 for Great Barrier Reef shipping breach
A MASTER and the first officer of bulk carrier Sea Coen have been fined $40,000 and $35,000 respectively for breaching a designated shipping area in the Great Barrier Reef. The...
MOL and TotalEnergies complete first biofuel bunkering on vehicle carrier
MITSUI O.S.K. Lines has completed the first vehicle carrier biofuel bunker operation with TotalEnergies Marine Fuels, a Singapore-based bunkering service. Heroic Ace was...
Export restrictions are causing global food price pressure, report finds
EXPORT restrictions imposed by governments are exacerbating price rises and global food insecurity, according to a new report from the Australian Bureau of Agricultural and...
