The week in bulk: Capesize market hits peak, declines slightly
THE Baltic Dry Index continued to increase over the past week, continuing an upward trend that came after a significant fall from its peak in October. On Friday (10 December), the...
New technology risks must be tackled, warns DNV
FOLLOWING the release of a new analysis, Maritime Safety 2012-2021: a decade of progress, co-author DNV said while shipping has seen a significant improvement in safety over the...
OMC International opens Canadian office
AS a founding partner of the The PIER at the Seaport, OMC will take up residence at The PIER located in the historic Halifax Seaport District in Canada. The PIER - Port...
Australian ag production and exports to soar
AUSTRALIAN farmers are on track to smash production value and volume records in 2021-22 on the back of exceptional seasonal conditions and a surge in world commodity prices,...
A month of milestones in November for Mid West Ports
DURING November, Mid West Ports achieved a number of records including the largest cargo export out of the Port of Geraldton – a load of 79,996 tonnes of iron ore. The iron ore...
Knee-jerk reactions to Omicron variants put supply chains at risk, international transport organisations say
“KNEE-jerk reactions” to the Omicron variant of the coronavirus are putting transport workers and the global supply chain “at greater risk of collapse”, international transport...
The week in bulk: Capesze, Panamax markets on the rise
THE Baltic Dry Index showed a slight increase over the past week, in a turnaround after a trend downward from a peak in October. On Friday (3 December) the index was 3171, up 14%...
Captain Murday steps down from marine surveyors board
THE Australasian Institute of Marine Surveyors has ushered in a new board of directors as Captain Peter Murday steps down after 10 years of service. During his tenure Captain...
Port of Bundaberg infrastructure project tenders open
DETAILED plans are complete and tenders are open to build new common user infrastructure at the Port of Bundaberg. In 2019, Gladstone Ports Corporation and Sugar Terminals (STL)...
WA and Port of Rotterdam collaborate on hydrogen supply chain
THE Western Australian government has signed a memorandum of understanding with Europe’s largest port, Port of Rotterdam, to co-operate on renewable hydrogen supply chains. The...
Höegh LNG and AIE sign deal for Port Kembla gas project
AUSTRALIAN Industrial Energy signed a long-term charterparty agreement with energy infrastructure and transport provider Höegh LNG to supply the first floating storage and...
Ports Victoria CEO appointed
THE Victorian government has appointed Brendan Webb as the inaugural CEO of the state commercial ports body, Ports Victoria. Mr Webb brings more than two decades of experience in...
Stolt Tankers appoints new managing director
STOLT Tankers, the parcel tanker division of Stolt-Nielsen, has announced the appointment of a new managing director. Current MD Mark Martecchini announced he would retire in...
Industry says governments missing the boat on decarbonisation
KNOWN as MEPC 77, the latest meeting of the IMO’s Marine Environment Protection Committee was held from 22-26 November. Both the World Shipping Council and the International...
Baltic Exchange Weekly Report - 26 November 2021
THE BALTIC Dry Index stabilised over the past week, arresting a trend downward from a peak in October. On Friday (26 November) the index was 2767, up slightly on the previous...
