The week in bulk: Capesize market lurches upwards
THE Baltic Dry Index last week continued to climb up from the nadir it hit late last month. On Friday the BDI was at 1816, up from the low of 965 on 31 August. A climb up from a...
Aurizon invests millions in port rail terminal
RAIL freight operator Aurizon has invested $5 million in the development of a multi-modal rail terminal at Port of Townsville. Aurizon’s port investment program involves investing...
Government subsidises monthly barge service to Norfolk Island
ON 1 November Neptune Pacific Direct Line will commence the first of four planned sailings of a barge service between Brisbane and Norfolk Island. The service offers sailings on a...
AMSA leads Indian Ocean search and rescue exercise
AN INTERNATIONAL exercise led by the Australian Maritime Safety Authority has helped prepare maritime nations bordering the Indian Ocean for search and rescue operations....
Cargo ship fire the tenth in 14 years for one company
A FIRE on board a general cargo vessel at Port Hedland last year was the tenth fire in 14 years to have broken out on a ship managed by one company, an investigation has found....
New CEO announced for Victorian port
PORT of Portland has announced Greg Burgoyne has stepped into the role of chief executive officer at the southern Victorian port. Greg Burgoyne, new Port of Portland CEO. Image:...
CMA CGM biofuel bunkering a success
TOTALENERGIES Marine Fuels has announced it has successfully refuelled a CMA CGM containership in Singapore with sustainable marine biofuel. CMA CGM Montoir was bunkered via...
Ceva and HMM enter partnership deal
CEVA Logistics has signed an agreement with South Korean shipping company HMM to connect more shippers with ocean capacity. The agreement will remain in place until 2025, bringing...
Marine insurance premiums rose for the past two years
GLOBAL marine insurance premiums were up in 2020 and 2021, but clouds are gathering for 2022. The International Union of Marine Insurance (IUMI) on Monday presented its analysis...
Darwin Port announces new CEO
LANDBRIDGE Australia has appointed Peter Dummett as Darwin Port’s new chief executive officer. Mr Dummett has served as the port's acting CEO for the past three months. Following...
Containers overboard after Sea Eagle sinking
GENERAL cargo ship Sea Eagle sank while cargo was being offloaded at the Turkish port of Iskenderun this week. According to reports, from 17 to 24 containers went overboard and...
MtS Sydney recognised for acclaimed crew vaccination program
MISSION to Seafarers Sydney has been recognised for its contribution to the crew vaccination program that earned DCN’s Seafarers Welfare Award last year. The award itself was...
Uptick in throughput at Pilbara ports
PILBARA Ports Authority has reported an increase in total throughput at its ports. PPA said it delivered a total monthly throughput of 62.7 million tonnes for August. This was an...
Maersk Tankers restructures business, welcomes new leaders
MAERSK Tankers will soon welcome two new executive leaders as it prepares to divide its commercial business into three strategic areas. Maersk Tankers manages chartering, partner...
Norfolk Island shipping on minister’s agenda
NORFOLK Island shipping is on the agenda for the minister for regional development, local government and territories Kristy McBain. She announced she would lead an “open community...
