12 November, 2021

Australian Newsletter - Issue 704

Shipping makes the case for LNG as it calls for clear regulatory framework
Source: Adis Ajdin (Splash247.com)

Many of the shipping industry’s top brass descended on Glasgow over the weekend to give their verdict on how the industry decarbonises as regulators thrash out climate details at the ongoing COP26 climate summit taking place in Scotland’s largest city.

As the shipping industry is looking to decarbonise by using more efficient technologies and lower emission fuels, liquefied natural gas (LNG) has been highlighted as the best starting point to do something in the short term while the sector awaits a more stable regulatory framework that would set it on an ultimate course of moving to new zero-carbon fuels in the future. FULL STORY

DSF thinks Decarbonization will shrink The Shipping Industry
Source: Maritime-Executive.com

In a forecast issued last week during the COP26 summit, Danish Shipping Finance (DSF) predicted that decarbonizing the global shoreside economy will result in a smaller shipping industry.

The report echoes the findings of ABS' global sustainability team, which reported last year that dramatic reduction of the tanker and bulker fleets may help shipping meet its CO2 targets. "If these predictions prove fairly accurate, emissions from shipping will improve not only with the introduction of new fuels but also owing to a massive reduction in seaborne commodity demand," DSF predicted. The biggest changes may be seen in the dry bulk trades, which are centered on coal, iron ore, bauxite and other basic ingredients for heavy industry. FULL STORY

Clydebank declaration envisions green shipping routes for containers, Iron Ore
Source: Christopher Jasper (GCaptain.com)

Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to Europe are at the center of plans to slash maritime carbon emissions by 2030.

At least six such corridors should be established by the middle of this decade, according to the Clydebank Declaration on green shipping, unveiled Wednesday at the COP26 climate summit in Glasgow, Scotland. It was signed by 19 nations including the U.S., U.K., Japan, France and Germany. Shares of shipping companies fell on the plan. In a note, analysts at Berenberg said a potential carbon levy on global shipping by the International Maritime Organization could see as much as a $94 billion annual bill for the industry, or an average of 6% of revenue. FULL STORY

MUA backs down from programme of rolling strikes
Source: ShippingAustralia.com.au

The Maritime Union of Australia has agreed to withdraw an extensive series of strikes and stoppages at Patrick Terminal after the stevedore lodged an application with the Fair Work Commission to terminate the strikes.

Patrick lodged its application with the Fair Work Commission on Monday to terminate the MUA’s programme of rolling industrial action. In a statement released on Monday, Patrick Terminals reported that the MUA had launched more than 220 industrial actions against Patrick across the nation. Michael Jovicic, CEO, Patrick Terminals said, “Since May, our terminals have faced an unrelenting barrage of ongoing industrial action by the MUA that has impacted all terminal users including importers, exporters and shipping lines. FULL STORY

Meat exporters join call for shipping reforms
Source: Terry Sim (BeefCentral.com)

Australia’s red meat exporters have joined a shippers coalition seeking reform of the stevedoring sector as a container shortage and shipping delays drive export costs higher.

The Australian Competition and Consumer  Commission last week released its annual Container Stevedoring Monitoring Report 2020-21, that found a surge in demand for containerised cargo and extreme congestion across the global supply chain have caused major disruptions and delays. A number of Australian exporters are struggling to meet their contractual obligations. FULL STORY 

AAL joins Shipping Australia
Source: ShippingAustralia.com.au

Heavy lift and multi-purpose ship operator AAL Shipping (AAL) has become a member of Shipping Australia (SAL)

AAL is a breakbulk and project heavy lift carrier with over 26 years of experience in the oil, gas, mining, energy, construction, and agriculture sector. It is one of the multipurpose shipping sector’s top carriers by total fleet deadweight. “AAL is proud to be joining Shipping Australia. We are confident that our extensive and very specialised project heavy lift and breakbulk cargo experience within the Australian market will be of value to the organisation – especially considering that our core customer base represents some of the most dynamic and important industry verticals, like mining, power generation, agriculture, and infrastructure development," said Frank Mueller, GM, AAL Australia. FULL STORY

Alpha HPA will build a new Alumina Industrial plant in Gladstone
Source: ManMonthly.com.au

Alpha HPA, a manufacturer of sustainable high purity aluminium (HPA) products, has purchased a 9.2ha site in the Gladstone State Development Area in Queensland to build a new $300 million high purity alumina industrial plant. 

Alpha HPA managing director Rimas Kairaitis said it’s an exciting time for the Australian company as it fast tracks construction of its Stage One, Precursor Production Facility (PPF). “We’ve operated a Brisbane demonstration plant since July 2019, and we are confident in the demand for high purity alumina,” Kairaitis said. FULL STORY

Australian Coal and LNG exports increasing and projected to grow over next decade
Source: Melody Labinsky (QueenslandCountryLife.com.au)

Australia's resources export sector is soaring in spite of the global movement to reach net zero emissions by 2050.

The Australian Bureau of Statistics' International Trade in Goods and Services data for September 2021 has revealed resources exports generated $332.6 billion for the year to September. Federal Resources and Water Minister Keith Pitt said soaring demand for coal and liquefied natural gas was fuelling the surge in export revenues. "Total resources and energy exports were $95.9b for the three months to September 2021, which is 50pc higher than for the same period last year and 11pc higher than in the previous three months to June 2021," Mr Pitt said. FULL STORY

Port of Newcastle investigates green hydrogen hub
Source: Peter Roberts (InnovationAus.com)

The Australian Renewable Energy Agency has awarded $1.5 million in support for a feasibility study into a green hydrogen hub at Newcastle, the east coast’s biggest port.

The study would be led by Port of Newcastle and Macquarie’s Green Investment Group, with involvement by project partners Idemitsu, Keolis Downer, Lake Macquarie, Snowy Hydro, Jemena, Macquarie Agriculture and University of Newcastle. The total value was given as $3 million. Arena said the deep water port used under half of its channel capacity and currently saw roughly 4,400 ship movements and over 160 million tonnes of cargo moved per year. FULL STORY

Port of Melbourne peak season haulage woes mount
Source: FullyLoaded.com.au

The Australian Competition and Consumer Commission’s (ACCC’s) warning of container logistics disfunction is being played out now in Melbourne, with one haulage interest saying the wheels are "well and truly falling off" productivity there.

Container Transport Alliance Australia (CTAA) saw this as the result of a confluence of industrial actions, weather events, high peak volumes, port congestion and ship delays. CTAA charged that truck turnaround times at DP World West Swanson Terminal have blown out to more than four hours since storms lashed the city two weeks ago, and due to high volumes and other operational problems. FULL STORY

GeelongPort becomes first Port in Australia to achieve climate active carbon neutral certification
Source: ShippingAustralia.com.au

GeelongPort has become the first port in Australia to achieve Climate Active carbon neutral certification for its business operations.

Reaching carbon neutrality was one of the long-term objectives in GeelongPort’s 20-year Environment Strategy released in 2019. GeelongPort is delivering on this objective by sourcing renewable energy and offsetting all residual carbon emissions. GeelongPort CEO Brett Winter is thrilled that GeelongPort has become the first port in Australia to be Climate Active carbon neutral certified for its business operations. ”At GeelongPort we acknowledge that climate change is one of the biggest challenges facing communities globally, and we are committed to doing everything we can to reduce our impact,” he said. FULL STORY

Port Hedland Iron Ore exports stable during October
Source: HellenicShippingNews.com

Pilbara Ports Authority has delivered a total monthly throughput of 61.3 million tonnes (Mt) for October 2021.

This throughput was a two per cent decrease compared to October 2020. The Port of Port Hedland achieved a monthly throughput of 47.4Mt, of which 46.7Mt was iron ore exports. This was a zero per cent variance to total throughput compared to October 2020. Imports through the Port of Port Hedland totalled 190,000 tonnes, a decrease of two per cent compared to October 2020. The Port of Dampier delivered a total throughput of 13.2Mt, an eight per cent decrease from October 2020. FULL STORY

Princess reveals a new 2024 world cruise visiting 51 countries
Source: Bernadette Chua (CruisePassenger.com.au)

Princess has revealed a new world cruise aboard the Island Princess. The 2024 world cruise starts in California and Florida and will sail from January 2024.

The news of the 2024 world cruise came as Princess announced the cancellation of some of the 2022 world sailings aboard the Coral Princess departing out of Australia and New Zealand. The 2024 world cruise is 111 days departing from Fort Lauderdale, and the second option is 97 nights departing from Los Angeles. “Embarking on a Princess World Cruise to experience the globe’s marquis ports and hidden gems, where all the planning is done by the Princess destination experts, easily turns adventurous world travel dreams into a reality,” said Deanna Austin of Princess Cruises. FULL STORY

Wharfies’ on-call contracts unlawful, employment court finds
Source: Rebecca Macfie (Stuff.co.nz)

A decision of the Employment Court will dramatically improve the working conditions of thousands of wharfies, and could trigger a flood of personal grievance claims.

Employment agreements requiring waterfront workers to be available 24 hours a day, seven days a week have been declared unlawful by the Employment Court, and the employer involved has been hit with a compliance order. The Maritime Union says the ruling will change the lives of thousands of wharfies whose employment agreements hold them at the beck and call of their employers. FULL STORY

ISO brings mobile harbour cranes to Eastland Port
Source: SunLive.co.nz

Mt Maunganui-headquartered port logistics company ISO Limited is announcing the arrival of two world-leading mobile harbour cranes for safer and more efficient handling of cargo at its operation at Eastland Port in Te Tairāwhiti Gisborne.

The world-leading technology continues ISO’s significant investment in innovation to transform its port logistics supply chain nationwide. ISO CEO Paul Cameron says the new mobile harbour cranes will help transform our operation at Eastland Port in Te Tairāwhiti. "The new technology will remove our people from high-risk areas on the wharf and enable cargo to flow more efficiently through the increasingly pressured supply chain." FULL STORY

Whilst every effort has been made to ensure the accuracy of the information contained herein, Inchcape Shipping Services accepts no liability nor makes any representations or warranties of any kind, express or implied, as to its completeness, accuracy, reliability or suitability.