News
Logistics company buys schooner to transport coffee
COSTA Rica-based logistics company Sailcargo has bought the 111-year-old wooden schooner Vega Gamleby to transport cargo between Colombia and the US. The Swedish-flagged vessel is...
Vic government accepts PoM’s undertaking in response to ESC non-compliance findings
THE Victorian government has accepted the Port of Melbourne’s undertaking in response to the Essential Services Commission’s review of the port’s compliance with its pricing...
The week in bulk: BDI continues climb
THE Baltic Dry Index continued its rise last week, hitting 3344 on Friday (20 May). This was an increase of 8% on the previous Friday’s number (3104). The last time the BDI was...
Aussie company moving ahead with hydrogen export vessels and port design
ASX-listed Provaris Energy has announced a package for a new compressed hydrogen carrier is expected to be complete in June, with approval for construction of the vessel expected...
TasPorts takes CSL to court over destruction of tugs (updated)
TASPORTS is suing CSL Australia in the Federal Court over the January 28 allision in which the CSL-owned cement carrier Goliath allided with tugs York Cove and Campbell Cove,...
Teekay’s profits down, but revenues up in the past quarter
TEEKAY’s quarterly results for the three months to 31 March were down slightly on the prior quarter, but its tanker business saw an uptick in revenues due to higher tanker spot...
Coalition’s plans to increase “sovereign maritime capability”
“AUSTRALIA has a maritime vulnerability,” Deputy Prime Minister Barnaby Joyce said in announcing the Coalition’s plans to increase Australia’s “sovereign maritime capability” if...
QLD signs hydrogen pact with Port of Rotterdam
QUEENSLAND has signed a memorandum of understanding with the Port of Rotterdam in the Netherlands to collaborate on opportunities to develop a hydrogen export supply chain....
WA renewable energy hubs to boost Australia's hydrogen exports
A RENEWABLE energy project aimed at boosting Australia’s position as a green energy exporter could see two new hydrogen hubs built in Western Australia. Renewable energy company...
Tankers to go digital – 100 vessels to be digitalised
KONGSBERG Digital has signed a fleet arrangement to provide its vessel-to-cloud infrastructure to more than 100 vessels. The contract was signed with what Kongsberg Digital said...
Methanol Institute welcomes new member
ALFA Laval, a heat transfer and fluid handling company operating in the maritime sector, has joined the Methanol Institute to support the shipping industry’s energy transition....
ATSB report sheds some light on Goliath incident
THE AUSTRALIAN Transport Safety Bureau has released a preliminary report that details an incident at Devonport in January in which the cement carrier Goliath allided with two...
Maersk continues withdrawal from Russia; EU proposes Russian oil ban
MAERSK has announced further reductions of operations in Russia and Belarus as the European Commission proposed a ban on Russian oil imports. In a customer advisory published...
Industry unpacks transition challenges at Maritime Decarbonisation Summit
THE AUSTRALIAN maritime industry gathered recently at the inaugural Maritime Decarbonisation Summit series in Melbourne to unpack the challenges and opportunities it faces in its...
Initial design for new hydrogen carrier unveiled
C-JOB Naval Architects unveiled a new design for a liquid hydrogen tanker, developed in partnership with green hydrogen development company LH2 Europe. C-Job Naval Architects have...
