News
Hazards overlooked in boiler blowback
AN ENGINE room failure last May that saw three engineers injured, two with serious burns, in the New Zealand port of Bluff highlights the need to recognise when changed conditions...
ACCC reviews Japanese majors merger
THE ACCC has launched a brief assessment of the NYK Group’s plan to acquire sole control of compatriot NS United Kaiun Kaisha, a proposed deal announced in early August. NS United...
Fine, conviction latest court outcome from Goliath prang
SHIPOWNER CSL Australia has escaped with a modest fine and a conviction in the Devonport Magistrates Court following charges brought after the infamous collision of the coastal...
Sarens boosts heavy lift capacity in Perth
SARENS has reinforced its Australian operations with a major expansion of self‑propelled modular transporter (SPMT) capacity in Perth, as the nation’s $10 billion wave of...
Baltic Exchange Weekly Report - 23 October 2026
THE BALTIC Dry Index (BDI) rebounded slightly last week, finishing at 2660 points for 23 October 2026, up from 16 October's figure of 2511. This was its lowest in over three...
TasPorts fishing for chips’ future model
FACING forthcoming reinvestment decisions TasPorts is launching an independent strategic review of the future ownership and operating model of Burnie’s woodchip export facility....
Market recovery helps Pacific Basin’s Q3
PROMINENT Oceania dry bulk operator Pacific Basin Shipping has reported solid performance in an improving market in the third quarter of 2026 amidst high freight rates and...
Bodgie bolts behind engine-room crash
A CREW MEMBER of Rio Tinto Shipping’s Weipa-Gladstone bulker RTM Weipa was lucky to escape with minor injuries after being struck a glancing blow by part of an engine-room gantry...
Baltic Exchange Weekly Report - 16 October 2026
THE BALTIC Dry Index (BDI) continued trending downwards, finishing at 2511 points for 16 October 2026, down from 9 October's figure of 2917. This was its lowest in over three...
Perdaman chairman warns Australia is “on the brink”
PERDAMAN chairman Vikas Rambal says Australia’s dependence on imported fuel and fertiliser has left the nation dangerously exposed, warning that global supply shocks have pushed...
Baltic Exchange Weekly Report - 9 October 2026
THE BALTIC Dry Index (BDI) posted a weekly loss last week, finishing at 2917 points for 9 October 2026, down from 2 October's figure of 3148. Capesize The market remained under...
Logistics interlock behind new Melbourne trade
A NEW-TO-MELBOURNE bulk trade in mineral sands has seen a first shipment despatched after a logistics challenge was met by Iluka Resources, Qube, Australian Amalgamated Terminals,...
Baltic Exchange Weekly Report - 2 October 2026
THE BALTIC Dry Index (BDI) decreased last week, finishing at 3148 points for 2 October 2026, up from 25 September's figure of 3426. Capesize The Capesize market surrendered all of...
Rio Tinto completes major Newcastlemax sell down
RIO TINTO has sold the last of its eight owned Newcastlemax bulk carriers, completing one of the largest single‑owner fleet disposals seen in the dry‑bulk market in more than a...
Waterfront technicians to walk off the job in Newcastle
WATERFRONT workers who are members of the Maritime Union are to rally at Newcastle’s NCIG coal terminal at noon on Tuesday (29 September) as part of their campaign for better...
