News
Record shipments for iron ore
GINA RINEHART’S amalgamation of Roy Hill and Atlas Iron into Hancock Iron Ore from 1 July means the organisation has exported a record 500 million tonnes of iron ore. In a...
Broome crane failure slows exports
A CRANE failure at the Port of Broome in Western Australia has led to delays in the shipment of 41,000 tonnes of concentrate. In a notice to the Australian Stock Exchange,...
Ag exports “well positioned” amidst global uncertainty
AUSTRALIAN agricultural exports are “well positioned” despite a wild and woolly trading environment during the past three months, according to the June quarter ABARES Agricultural...
BHP charters ammonia dual-fuelled bulk carriers
BHP will charter two of COSCO Shipping Group’s ammonia dual-fuelled Newcastlemax bulk carriers to ship iron ore from Western Australia to Northeast Asia. A media release...
Pilbara Ports announces annual forum
PILBARA Ports, the world’s biggest bulk export port authority will hold its Pilbara Ports Safe Ships Safe Ports Forum in Perth in October. First held in 2016, the forum, initiated...
Baltic Exchange Weekly Report - 27 June 2025
Capesize The Capesize market experienced a marked decline this week, with sentiment steadily weakening amid persistently low activity across both the Atlantic and Pacific basins....
PacBasin hits the meths
BULK carrier giant Pacific Basin Shipping has signed a methanol supply deal to support its fleet transition to dual-fuel, low emissions vessels. The MOU with The Hong Kong and...
Tanker moved to anchorage after losing power
A HONG Kong-flagged tanker was moved to an outer anchorage near Geelong after temporarily losing power early Thursday morning. The Silver Sawsan (IMO: 9718882), a 183metre vessel...
Strong buyer interest in Whyalla port and steelworks
ADMINISTRATORS of South Australia’s Port of Whyalla and the Whyalla Steelworks have begun marketing it as a bundled ‘pit to port’ operation. There had been a legal dispute over...
Legislation introduced to ban sale of Pilbara bulk handling facility
LEGISLATION is to be introduced into the West Australian Parliament to prevent the future sale of the Utah Point Bulk Handling Facility in the Pilbara to private owners. The Labor...
Rio and Rinehart invest US$1.6 billion in Pilbara mine
NEW RAILWAY crossings, haul roads and a six-kilometre realignment of Great Northern Highway will be part of a US$1.6 billion investment by Rio Tinto and Hancock Prospecting in...
Provaris signs K Line to help commercialise hydrogen carriers
SYDNEY- And Oslo-based compressed hydrogen proponent Provaris Energy has signed a MOU with Japan’s K Line to accelerate the company’s commercialisation of hydrogen carriers. K...
Strait of Hormuz tensions raise questions for Australian fuel supply
CONFLICT in the Middle East has raised the spectre of a damaging closure of the Strait of Hormuz, the entry point to the Persian Gulf. Around 20 million barrels worth of oil is...
Baltic Exchange Weekly Report - 20 June 2025
Capesize The Capesize market trended downward this week, with sentiment consistently softening, particularly in the Pacific. C5 rates came under pressure as iron ore volumes from...
Optimising ocean currents to create a cleaner shipping sector
A ‘GOOGLE Maps for the sea’ is the description of a new algorithm aimed at improving shipping’s environmental performance. The algorithm seeks to allow the shipping industry to...
