New National Intermodal Corporation to support Inland Rail
THE Australian government has announced the establishment of the National Intermodal Corporation to support the Inland Rail project. National Intermodal will facilitate the...
AAL releases design of third generation newbuilds
AAL Shipping has announced details of its third-generation newbuilding plan with the order of six 32,000 deadweight (DWT) premium project multipurpose vessels and classifying them...
Wellard managing to turn the ship around
LIVESTOCK shipping company, Australian-listed Wellard Ltd, has recorded a profit of US$0.5 million in the first half of FY22, a marked improvement on the US$1.6 million loss...
Tribunal overrides ACCC decision on collective bargaining at Port of Newcastle
THE Australian Competition Tribunal on Friday reversed a 2020 ACCC decision to allow the NSW Minerals Council and 10 mining companies to collectively negotiate the price of access...
Global trade continues to grow, but is expected to slow
UNCTAD’s Global Trade Update reveals that global trade reached a record high in 2021, about US$28.5 trillion, an increase of almost 13% relative to pre-pandemic levels. Data from...
Australia’s new biofouling requirements
THERE are new rules for managing biofouling for international vessels arriving in Australia that will come into effect on 15 June 2022. Under the requirements, operators of all...
Baltic Exchange Weekly Report - 17 February 2022
THE BALTIC Dry Index last week remained flat after a steep incline following a period of long decline. The BDI on Friday (18 February) was 1964, a very slight decrease on the...
Devonport salvors remove fuel from sunken tugs
SALVORS at the Port of Devonport have recovered more than 18,000 litres of oil and fuel from submerged tugs Campbell Cove and York Cove. As the response continues at the Port of...
Data analysis warns of continued trans-Pacific vessel pressure
SHIPPING data analyst Sea-Intelligence has forecast continued trans-Pacific vessel pressure coinciding with the rising number of deployed vessels. In a recent report,...
NSW government puts 52-ha site at Newcastle up for sale
THE New South Wales government has put a call out for proposals to repurpose the 52-hecare Intertrade site – the former home of the BHP steelworks – at Newcastle. The government...
DCN Australian Shipping & Maritime Industry Awards - TOMORROW!
THE 26th annual DCN Australian Shipping & Maritime Industry Awards will be held tomorrow evening at the Sydney Four Seasons Hotel. During the industry's night of nights, the best...
Program helps Aussie mango grower secure new US deal
THE Australian government’s $72.7 million Agribusiness Expansion Initiative has helped one of Australia's largest mango growers secure a new deal to export more of its prized...
Trend towards sustainability “inexorable”, says BHP
AUSTRALIAN mining giant BHP, has provided a maritime trade update as part of its economic and commodity outlook for the FY half year. In the dry bulk segment, immediately prior to...
Solid bulk business results for Aurizon’s half year
RAIL freight operator ASX-listed Aurizon has reported group EBITDA of $727 million for the half year ended 31 December 2021. This is steady against the prior comparable period...
Pilbara reports mixed January throughput figures
PILBARA Ports Authority has reported an increase in total throughput for the first month of this year, but a substantial decrease in imports. The ports handled a total throughput...
