News
Funding secured to build grain export facility at Port Spencer
CONSTRUCTION on a $250-million grain export facility at Port Spencer on the Eyre Peninsula is slated to begin next month after Peninsula Ports secured funding for the development....
500 seafarers remain trapped on vessels in Ukrainian ports: ICS
JUST fewer than 500 seafarers remain sheltered, awaiting evacuation onboard 109 ships at Ukrainian ports in the Black Sea and the Sea of Azov, according to data gathered by the...
Vic budget to fund container rail mode share scheme and more
THE VICTORIAN state government’s budget for 2022-23 includes $3.5 million for the Mode Shift Incentive Scheme, which, the government says, will remove the equivalent of 28,000...
WA rail freight network to receive $200 million investment
WESTERN Australia’s regional rail freight network will soon receive $200 million in funding across four projects aimed at connecting the state’s agricultural supply chains. The...
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...
