Crew member lost from tanker in Port Phillip
UPDATE: Victorian Water Police located the body of the missing crewmember in waters off Frankston at around 1430 this afternoon. VicPol says the male is yet to be formally...
Baltic Exchange Weekly Report - 24 April 2026
THE BALTIC Dry Index (BDI) continued its upward trajectory, closing at 2665 points for 24 April 2026, up from 17 April's figure of 2567. Capesize The market began the week with...
Next-gen CABUs for Australian trade
NORWAY’s Klaveness Combination Carriers (KCC) has taken delivery of the second of three improved caustic soda/bulk carriers (CABUs) specified for the company’s Australian trade....
Rio Tinto quietly restructuring its marine fleet
MINING giant Rio Tinto appears to be reshaping the structure and operation of its global marine fleet, with a combination of vessel disposals, towage‑contract consolidation and a...
Hormuz crisis: fuel uncertainty dominates global shipping trade
FUEL volatility has become the key driver for global ocean and air freight as the Hormuz crisis continues, global logistics giant DHL says. The latest DHL Air Freight Market...
Australia identified as CCUS hub
A CONSORTIUM that includes BHP and Chevron Australia has identified Australia as one of five first-of-their-kind carbon capture, utilisation and storage (CCUS) hubs in the Asian...
War and weather cost Qube
QUBE, Australia’s biggest integrated logistics provider has told the Australian Securities Exchange (ASX) that the Middle East conflict and adverse weather will have an impact on...
Baltic Exchange Weekly Report - 17 April 2026
THE BALTIC Dry Index (BDI) closed at 2567 points for 17 April 2026, up from the 27 March's figure of 2201. Capesize The market delivered a firm performance over the week, building...
Regulatory doubts see Pacific Basin change course
HONG Kong-listed minor-bulk specialist Pacific Basin Shipping has simplified some orders for newbuildings by abandoning dual-fuel specifications in light of uncertainty...
%20PacBasin%20Pte%20@Melbourne20022026=26pkf3763=Dale%20E%20Crisp.png)
Farmers get a boost from Indonesian fertiliser deal
A COMMERCIAL deal between Incitec Pivot Fertilisers and PT Pupuk Indonesia is to see a quarter of a million tonnes of additional agricultural grade urea shipped to Australia. The...
Baltic Exchange Weekly Report - 10 April 2026
THE BALTIC Dry Index (BDI) closed at 2201 points for 10 April 2026, up from the 27 March's figure of 2031. Capesize The market resumed after the Easter break with renewed...
AMSA expels another over underpayments
THE AUSTRALIAN Maritime Safety Authority has imposed another six-month ban on a bulk carrier in local waters after discovering the crew had been unpaid for seven months. The...
OPINION: Twin shipping chokepoint crisis threatens Australian trade
It has been more than a month since the effective closure of the Strait of Hormuz, which carries about 20% of global oil and gas. Global energy supply chain needs have been...
Thompson adds handysize bulk carrier
FREMANTLE-based Thompson Shipping Lines has added a handysize bulk carrier to its fleet. The subsidiary of Thompson Shipping Group has acquired the Japanese-built 35,947 DWT...
Industry relief at ceasefire reports
A REPORTED ceasefire between Iran and the US/Israel alliance is set to bring benefits for both seafarers and global trade, industry figures say. The ceasefire agreement was...
