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...
Ukraine war increasing shipping costs, stifling trade: UNCTAD
THE war in Ukraine is stifling trade and logistics is stifling trade and logistics in the wider Black Sea region, which is increasing global vessel demand and the cost of shipping...
Norwegian shipping company orders reliquefaction systems for new LNG carriers
NORWEGIAN shipping company Knutsen OAS Shipping has ordered three Compact Reliq reliquefcation plants from technology group Wärtsilä, to be installed on the shipping company’s new...
Twelve dead in gas tank loading incident at Port of Aqaba, Jordan
A TOXIC gas leak from a storage tank in Port of Aqaba, Jordan, has killed at least 12 people and injured 251 people. Footage from the incident on 27 June shows a storage tank...
Swire Bulk launches liner service between South East Asia and Europe
SWIRE Bulk is launching its first liner service between South East Asia and Europe, with one or two vessels deployed on a monthly rotation. The new service will load cargo in...
Australia celebrates Day of the Seafarer
THE MARITIME industry, its stakeholders and supporters celebrated Day of the Seafarer 2022 in Australian ports and around the world on Saturday 25 June. Day of the Seafarer was...
MOL launches ammonia-powered carrier project
MITSUI O.S.K. Lines has announced the launch of a joint project with Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding to build an ammonia-powered liquefied gas carrier. The...
AMSA enforces seafarers' rights to shore leave
THE AUSTRALIAN Maritime Safety Authority recently issued a marine notice reminding shipping companies and ship owners and masters of their obligation to grant visiting seafarers...
