Capesize Rates Rise on Speculation of Chinese Iron Ore Stockpiling
Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut
Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut
An Australian icebreaker on a scientific expedition to study sea ice in Antarctica is, well, stuck in the sea ice it is studying. The icebreaker, a bright
MELBOURNE–The forecast jump in ships carrying coal north from Australia that will come with the expansion of a northerly port by companies such as BHP
LNG fueled propulsion has been shown to meet the strictest emissions control regulations – such as the global 0.5% sulphur cap, to be implemented between
In the video below, the 68,789 dwt bulk carrier Grand Rodosi is seen absolutely destroying a much smaller tuna boat, the Apollo S, while moored at the wharf
Yesterday, four merchant vessels and HMAS Maitland recovered 55 survivors out of a total of 150 passengers of the ill-fated refugee boat that capsized and sank
More than 120 asylum seekers may have drowned off Indonesia, according to the Australian government, which is reopening offshore detention centers in an
China, the world’s biggest coal consumer, is poised to reduce imports of the commodity from Australia after the gap with domestic prices narrowed,
SYDNEY–Chevron Corp. (CVX) and Royal Dutch Shell PLC (RDSB) agreed Monday to swap stakes in two multibillion dollar natural gas projects in
Chevron Corp. (CVX) may end up getting a better deal Down Under than it bargained for. Chevron owns a 47% stake in Australia’s 43 billion Australian
CANBERRA–Chevron Corp. (CVX) is unlikely to seek protection against swings in the Australian dollar that have intensified cost pressures at its flagship
There’s nothing like being naked to make you feel just a little bit more vulnerable, especially when you’re being circled by a hammerhead shark in
Australia’s Transport Safety Bureau (ATSB) announced Monday that an improperly installed piece of steering gear caused the April 2011 grounding of a
While transiting from Singapore to Christmas Island, HMAS Wollongong was tasked to respond to a vessel in distress which was eventually located approximately
In the span of less than a week, a second vessel overloaded with refugees has capsized and sunk in the waters northwest of Australia, 107 miles north of
View Larger Map SYDNEY–A major rescue effort is underway after a boat carrying up to 200 asylum seekers capsized off the coast of Australia’s
When most of the world envisions the British Navy with impeccably dressed officers, calling orders in the shadow of the gallant ensign are supplemented with
The Australian Maritime Safety Authority (AMSA) said today that it has contracted Titan Salvage to remove the wreckage of the M/V Tycoon from the cliffs of
**UPDATE** From the Australian Marine Safety Authority: One of the commercial tugs, PT Kotor, rendezvoused with the ID Integrity at approximately 10:30am
SYDNEY (Dow Jones)–Australia’s government on Sunday said it has awarded 12 new petroleum exploration permits for off the coast of Western Australia
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