Salvage preparedness workshop in the Pilbara a success
A SHIP has run aground at Port Hedland – what happens next? A workshop run by the Pilbara Port Authority sought to help port stakeholders answer that question if there is such an...
The week in bulk: BDI falls, headwinds in Capesize and Panamax markets
THE Baltic Dry Index fell off a bit of a cliff last week, with a precipitous decline over the five days to Friday. The BDI was 2681 on Friday (27 May), which is a decrease of 20%...
NZ government funding aims to revitalise Kiwi coastal shipping
THE New Zealand government has committed NZ$30 million to boost the country’s coastal shipping capacity. The government said the funds would “improve domestic shipping services,...
Aurizon buys 10 locomotives to be deployed in WA and NSW
AURIZON is rolling out 10 new heavy-haul locomotives to meet growth in demand for hauling commodities such as copper, lead, zinc and grain. The 10 locomotives represent an...
ATSB reports on CSC Friendship grounding at Brisbane
THE AUSTRALIAN Transport Safety Bureau has released a preliminary report into the breakaway and grounding of CSC Friendship in Port of Brisbane earlier this year. The Hong...
Provaris and Northern Marine partner on GH2 carrier development
PROVARIS Energy has entered a technical partnership with UK-based Northern Marine to advance the development of the GH2 compressed hydrogen carrier. Having signed a memorandum of...
Rio Tinto and BP partner on marine biofuel trial voyage
RIO Tinto and BP have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. BP will supply Rio Tinto with marine...
Master of bulker Interlink Veracity charged in cocaine smuggling plot
AUSTRALIAN Federal Police have charged the 51-year-old master of an international bulk carrier for his alleged role in the plot to import 320 kilograms of cocaine into Australia...
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...
