Funding secured to build grain export facility at Port Spencer
CONSTRUCTION on a $250-million grain export facility at Port Spencer on the Eyre Peninsula is slated to begin next month after Peninsula Ports secured funding for the development....
500 seafarers remain trapped on vessels in Ukrainian ports: ICS
JUST fewer than 500 seafarers remain sheltered, awaiting evacuation onboard 109 ships at Ukrainian ports in the Black Sea and the Sea of Azov, according to data gathered by the...
WA rail freight network to receive $200 million investment
WESTERN Australia’s regional rail freight network will soon receive $200 million in funding across four projects aimed at connecting the state’s agricultural supply chains. The...
BP Shipping fined for Port Adelaide oil spill
BP SHIPPING been fined $48,000 for spilling jet fuel oil in the Port Adelaide River in 2020. According to the Environment Protection Authority of South Australia, the oil spill...
WA gov’t puts $78m towards Lumsden Point development
THE WESTERN Australian government is investing $78 million in the Lumsden Port development at Port Hedland as part of the 2022-23 State Budget. A study by economic consultant ACIL...
The week in bulk: Positive week for Capesize market
THE Baltic Dry Index remained fairly flat over the past week, showing very modest week-on-week gains. The BDI on Friday 29 April was 2404, up 4% on Friday the previous week (22...
Government commits $41 million to Newcastle green hydrogen hub
PORT of Newcastle’s green hydrogen hub project is set to receive up to $41 million in government funding. Port of Newcastle said the funding will position the port as the ideal...
Kawasaki liquefied hydrogen carrier granted approval in principle
A LARGE liquefied hydrogen carrier developed by Kawasaki Heavy Industries has received approval in principle from Japanese ship classification society ClassNK. According to...
Independent inquiry launched into NZ port deaths
THE NEW Zealand Transport Accident Investigation Commission (TAIC) is beginning an investigation into the two recent workplace deaths at Lyttelton Port (on 25 April) and Ports of...
Swire Shipping affiliate to acquire Westwood Shipping Lines
SWIRE Shipping has announced its affiliate SSPL US has signed a definite agreement to acquire Westwood Shipping Lines, an independent vessel operator based in the United States....
Port worker dies in Lyttelton incident
A PORT worker was killed on Monday (25 April) at Lyttelton Port of Christchurch. LPC acting CEO Kirstie Gardener confirmed that the incident occurred onboard the bulker ETG...
NYK receives methanol-fuelled chemical tanker
NIPPON Yusen Kaisha (NYK) Line has welcomed a third vessel into its growing fleet of methanol-fuelled chemical tankers. Built at Hyundai Mipo Dockyard in South Korea, Grouse Sun...
The week in bulk: Upward turns in the global bulk markets
LAST week, the Baltic Dry Index reversed a shallow downward trend and lifted slightly. The BDI on Friday 22 April was 2307, up 8% from the previous Thursday (14 April), when the...
Fed govt to help fund Kwinana, Pilbara hydrogen development
PRIME Minister Scott Morrison on Tuesday announced that the federal government would invest $140 million in two hydrogen hubs in Western Australia as part of its Clean Hydrogen...
Port of Newcastle warned of upcoming shipping blockade
PROTESTERS are planning to block coal shipments at Port of Newcastle this weekend, and port stakeholders have been warned of potential disruptions. The protest, “The People’s...
