Baltic Exchange Weekly Report - 29 October 2021
Capesize The Capesize market was in dire straits this week as tonnage levels were heard to be building while many areas had minimal activity as the 5TC dropped -15,398 to...
WA travel restrictions putting maritime industry at risk: unions
CONCERN about maritime workers being able to enter Western Australia for work from eastern states is growing. The state government’s COVID-19 measures block many maritime workers...
ITF raises concerns about conditions on bulker at Port Kembla
THE International Transport Workers Federation Australia said it was taking steps to address conditions aboard the Panamanian-flagged bulk carrier MV Seastar Endurance, now at...
Collision between fishing vessel and bulker highlights importance of good watchkeeping
AN Australian Transport Safety Bureau investigation into a collision between an Australian-flagged bulk carrier and a fishing vessel off Port Adelaide highlights the importance of...
Energy exporters race to lead in global hydrogen trade
THE time is ripe for the world's major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, according to analysts at...
PIL To install satellite communications on all ships
PACIFIC International Lines is installing satellite communication, or VSAT, on its entire fleet of about 100 vessels. PIL said such efforts were aimed at improving productivity on...
GEV to develop green hydrogen export project on Tiwi Islands
THE Tiwi Islands, the traditional lands of the Munupi people, are the proposed site for a new green hydrogen export facility to be run by ASX-listed Global Energy Ventures. The...
First vessel sails into Lumsden Point at Port Hedland
ON Tuesday BBC Pearl became the first cargo vessel to sail into Lumsden Point. The Pilbara Ports Authority is looking to develop the area into a multi-user facility and logistics...
More details needed on European fuels plan for shipping
IN a position paper, the World Shipping Council (WSC), representing 90% of international liner shipping, has welcomed the FuelEU, an initiative to increase the use of sustainable...
Wallenius Wilhelmsen accelerates digitalisation processes
RO-RO specialist shipper Wallenius Wilhelmsen has invested in DeGould to accelerate the supply of automated vehicle inspection systems, powered by artificial intelligence. EVP &...
Container trade on the up at Botany
CONTAINER trade at Port Botany showed a big increase last month, according to the latest available trade statistics from NSW Ports. Port Botany’s total container throughput...
Woodside plans to develop hydrogen facility at Kwinana
WOODSIDE plans to build a hydrogen and ammonia production facility at Kwinana, with the support of the Western Australian government. The proposed project, named H2Perth, would be...
Svitzer tug engineers to down tools at three ports
SVITZER tug engineers are to down tools on Thursday (28 October) for four hours at Kwinana/Fremantle, Melbourne and Brisbane. The Australian Institute of Marine and Power...
Baltic Exchange Weekly Report - 22 October 2021
Capesize The Capesize market was under pressure across all routes most of time last week. The 5TC and BCI showed a minimal sign of improvement mid-week but closed on a much weaker...
MOL signs on for ammonia fuelled engine
MITSUI O.S.K. Lines and Mitsui E&S Machinery, a developer of large maritime engines, signed a memorandum of understating with MAN Energy Solutions to buy an ammonia-fuelled main...
