July 18th, 20190Strikes across DP World facilities in Australia resurfaced today as the terminal operator announced more redundancies. DP World Australia today announced redundancies of 200 stevedores nationwide, comprised of 100 stevedores in Sydney, and 100 stevedores in Melbourne. These are in addition to approximately 50 stevedores already leaving...
July 15th, 20190After almost two years of preparation, BHP’s Green Corridor joint industry project has taken off with the mining giant issuing a tender for 10+2+2 dual fuelled LNG newcastlemaxes with selected owners. The project is for transportation of iron ore and coal on the Australia-China route. BHP’s aim is to get up to 27m tonnes,...
July 9th, 20190DP World Australia has called for an end to the strikes at its ports this week, warning that the industrial action comes at a time when shipping lines are reviewing stevedore contracts. “The industrial action will cause significant disruption to DPWA customers and importantly the broader supply chain of shippers, exporters and...
July 8th, 20190Dockworkers at DP World’s multiple terminals across Australia are on strike again this week. DP World’s Brisbane, Sydney and Fremantle container terminals will go on a rolling 48-hour strike starting today in Brisbane, while workers at the company’s Melbourne operations have decided to down tools for 96 hours. The workers said in a...
July 5th, 20190Australian livestock company Wellard has agreed to sell its 2009-built livestock carrier Ocean Swagman to Heytesbury Cattle Company for $22m. Under the agreement Wellard will charter the vessel, which has a capacity of 7,000 cattle, from Heytesbury until March 2021 with an option to extend for another four years. The sale is part...
July 3rd, 20190Australian compressed natural gas (CNG) company Global Energy Ventures (GEV) has signed a letter of intent with Chinese shipyard CIMC Raffles for the construction of up to eight CNG carriers. The LOI is based on a firm order for four 200 mmscf CNG carriers and options to build additional four. GEV's CNG Optimum 200 ship design has...
June 11th, 20190Financially troubled Australian livestock exporter Wellard may be forced to sell one of its ships after it defaulted on debt payments today. The company said today it was looking at ways of restructuring its balance sheet, including the possibility of selling a vessel. Earlier this month it was revealed Mauro Balzarino, the founder...
June 3rd, 20190Australia’s top livestock shipping company is changing management. Mauro Balzarino, the founder and CEO of Wellard for the past 15 years, has stepped down as chief executive, but remains a non-executive director. Amid tough financial conditions, Balzarini had effectively handed over day-to-day management of Wellard to executive...
April 24th, 20190Offshore construction support vessel Southern Ocean, owned by Bourbon and Oceanteam, has entered into a contract with Fugro to support a project off the coast of Australia. The vessel will undertake a program of IRM work for Fugro, and mobilisation will start mid May 2019 once its current charter with McDermott in India has...
April 18th, 20190Australia’s MMA Offshore has been awarded a contract by Woodside to provide accommodation and walk-to-work vessel services, supporting platform maintenance operations at Woodside’s Australian assets. MPSV will have a gangway system installed to allow the transfer of personnel between the Woodside platforms and their accommodation...
