Global schedule reliability improves slightly in March
SHIPPING data analyst Sea-Intelligence has reported an improvement in schedule reliability based on an analysis of 34 different trade lanes. It said global schedule reliability is...
Incat Crowther wins contract to design CTVs
AUSTRALIAN vessel designer Incat Crowther was awarded a three-vessel order from Windea CTV, a US-based operator of crew-transfer vessels. Two of the CTVs will be built by St Johns...
BP Shipping fined for Port Adelaide oil spill
BP SHIPPING been fined $48,000 for spilling jet fuel oil in the Port Adelaide River in 2020. According to the Environment Protection Authority of South Australia, the oil spill...
New CFO for Aussie logistics company
AUSTRALIAN freight and logistics operator Wiseway has appointed a new chief financial officer. Chris Scholtz has stepped into the role, effective immediately. Mr Scholtz has...
IMO adopts resolution to evacuate seafarers from Ukraine
THE INTERNATIONAL Maritime Organization has adopted a resolution to facilitate the evacuation of seafarers from the Black Sea and Sea of Azov. Adopted by the IMO Maritime Safety...
Man sentenced for smuggling 10 million cigarettes in shipping container
A VICTORIAN man has been sentenced to three years in prison for smuggling 10 million cigarettes in a shipping container. The container, declared to have contained office...
Works commence on Port Hedland tug haven
CONSTRUCTION has commenced on the Nelson Point Tug Haven to provide a secure harbour for tugboats servicing Port of Port Hedland. The $51 million project involves restoring a...
WA gov’t puts $78m towards Lumsden Point development
THE WESTERN Australian government is investing $78 million in the Lumsden Port development at Port Hedland as part of the 2022-23 State Budget. A study by economic consultant ACIL...
Port Hedland marina to receive new navigational channel
THE PORT Hedland community is set to benefit from a new navigational channel at the Spoilbank Marina, with dredging to commence in the coming months. Australia’s largest privately...
The week in bulk: Positive week for Capesize market
THE Baltic Dry Index remained fairly flat over the past week, showing very modest week-on-week gains. The BDI on Friday 29 April was 2404, up 4% on Friday the previous week (22...
Seafarers Happiness Index hits all-time low
SEAFARERS’ welfare and job satisfaction levels have reached an all-time low according to the latest data from the Seafarers Happiness Index. An initiative of the Mission to...
Construction begins on 30-million litre fuel tank at Newcastle
PORT of Newcastle will soon be home to a 30-million litre fuel storage tank which will boost the nation’s fuel storage capabilities. The facility will be constructed at Park...
ONE reports astronomical full-year profits
OCEAN Network Express reported a record profit of US$16.8 billion for the 2021 financial year – this was an increase of US$13.3 billion, or 381%, on the previous year. ONE’s...
Government commits $41 million to Newcastle green hydrogen hub
PORT of Newcastle’s green hydrogen hub project is set to receive up to $41 million in government funding. Port of Newcastle said the funding will position the port as the ideal...
New initiative to support Ukrainian port workers
THE INTERNATIONAL Association for Ports and Harbors has joined forces with The Seafarers’ Charity to assist port workers and their families in Ukraine. The initiative reflects the...
