Bulk carrier Portland Bay lost power and is currently anchored very close to the coast south of Sydney. Authorities said helicopters have been deployed to rescue non-essential crew. updates here: thedcn.com.au/news/bulk-trad…
The Australian Transport Safety Bureau has released its final report on a fatal helicopter accident off the coast of Port Hedland in 2018. The incident occurred during a marine pilot transfer.
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The Global Shippers Forum is concerned that upcoming talks on carbon tax at the IMO will lead to higher freight costs for shippers. The IMO Initial Strategy on the reduction of GHG emissions from ships aims to reduce the carbon intensity of the sector.
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Port of Brisbane has welcomed the first ever cruise ship to its new $177 million Brisbane International Cruise Terminal. Pacific Explorer sailed from Sydney last week, marking the first cruise departure from the east coast in more than two years.
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The FMC in the US has determined that high ocean freight rates over the past two years are in fact the result of market forces, not carrier collusion. thedcn.com.au/news/container…