News & Media

30 August, 2019

Australian Newsletter - Issue 589

INDIA BIGGEST POTENTIAL THERMAL COAL MARKET FOR AUSTRALIA: REPORT
Source: Hellenic Shipping News
India, the world’s third largest coal consumer, is one of the most appealing market for Australia’s thermal coal to meet its increasing energy requirements, according to a new report. According to ‘The Coal in India 2019” report, Australia is not a significant supplier of thermal coal to India despite India’s imports growing by 84 million tonnes in the past five years. The report said that India was the world’s third largest coal consumer behind China and the United States; and the share of coal in India’s electricity mix was rising. Indonesia was main supplier for India for thermal coal while Australian exports were going to China, Japan and South Korea, the report said. “The growth in Australia’s coal exports to India has coincided with the substantial rise in Indian coal imports, only exports of metallurgical coal to India have risen substantially”.  FULL STORY

THE ROBOT SHIP TO CROSS THE ATLANTIC AND CHANGE THE WORLD
Source: David Axe (Daily Beast)
The blocky, 36-foot-long, yellow- and white-striped vessel bobbing off the coast of the United Kingdom sure doesn’t look like much. But Maxlimer just might be the most important ship in the world right now. Maxlimer is totally robotic. And it’s poised to be the first unmanned surface vessel, or USV, to cross the Atlantic. The journey could prove the case for a host of new oceangoing drones: crewless cargo ships; unmanned oil tankers; robotic work boats. But don’t hold your breath. Widespread adoption could take years or even decades.  FULL STORY

CMA CGM REJECTS ARCTIC SHIPPING ROUTE
Source: joc.com
CMA CGM Group said Friday it won’t use the Northern Sea Route connecting Asia to Europe through the Arctic in order to protect the fragile ecosystem there from the threat of accidents, oil pollution, and collisions with marine wildlife. The global ocean carrier said its chairman and CEO Rodolphe Saadé would make the announcement in a meeting with French President Emmanuel Macron on Friday afternoon, ahead of the G7 meeting of world leaders in France from Saturday to Monday. The Northern Sea Route, which runs the length of the Siberian coast, was formerly unnavigable, but its use has been made possible by global warming. Some sectors of the shipping industry see the opening of the route as an opportunity.  FULL STORY

AUSTRALIA CHARGES NORWEGIAN SHIPPING FIRM
Source: The Medi Telegraph
Australia’s corporate regulator said on Friday it has charged Norwegian shipping company, Wallenius Wilhelmsen Ocean AS (WWO) with criminal cartel conduct. The Australian Competition and Consumer Commission (ACCC) said the charges relate to international shipping of vehicles to Australia between June 2011 and July 2012. “This is the third prosecution involving an international shipping company engaging in alleged cartel conduct where criminal charges have been laid under the Competition and Consumer Act,” ACCC Chair Rod Sims said in an emailed statement.
Wallenius Wilhelmsen said it had been cooperating fully with the investigation, and would continue to do so until the court concludes the case. “Whilst we regret that it has come to this, we are happy to see this matter now proceeding formally,” the company said in a statement.  FULL STORY

AUSGRID AND IFM PORTS COMMIT TO EMISSIONS REDUCTIONS
Source: The Guardian
Ausgrid and Melbourne Airport have committed to emissions reductions targets as part of a push by Australia’s largest infrastructure fund to reduce its carbon footprint. IFM Investors announced on Monday that Melbourne, Brisbane, and NT airports, as well as NSW Ports, the Port of Brisbane, Southern Cross Station, and electricity network Ausgrid, would commit to a carbon abatement plan in an effort to align the fund’s critical infrastructure assets with Australia’s Paris targets. It follows a $150m investment, 12 months ago, from the Clean Energy Finance Corporation (CEFC) to encourage emissions reduction projects in Australia’s biggest infrastructure projects. The aim was to have IFM use its position on the board of critical infrastructure companies to introduce firm emissions reduction targets and reporting requirements within the year.  FULL STORY

LAST MINUTE BMSB SEASON UPDATES ISSUED BY AGRICULTURE
Source: Department of Agriculture
The Department of Agriculture has put the final touches on policies for the brown marmorated stink bug season that starts on 1 September. The department has published new BMSB webpage content for the 2019-20 season. This new content includes information on preparing to import goods, managing LCL/FAK containers, what happens to your goods on arrival and a BMSB lodgement page for Master Consolidator declarations.  FULL STORY Last week the Minister also launched a new front end for the website (beta.biosecurity.gov.au)  that would help direct users to the most relevant information for their needs.

NSW PORTS LAUNCHES NEW SUSTAINABILITY HUB
Source: NSW Ports
NSW Ports has launched its new Sustainability Hub and 2019 Sustainability Plan, detailing its performance across environmental, social, economic and governance measures. NSW Ports CEO Marika Calfas welcomed the launch “At NSW Ports, we manage the key trade gateways that connect the people and businesses of NSW to global markets. Our vision is to be a world class port and logistics manager, driving sustainable growth.  “Sustainability is integral not only to our business but to the long-term success of the supply chains in which we operate. 24 hours a day, 7 days a week, 365 days a year, our Port and Intermodal assets act as the engine room for NSW’s economy – delivering $4.4 Billion to Gross State Product and supporting around 30,000 jobs a year. FULL STORY

SHIPPING COMPANY FORCED TO GIVE EVIDENCE OVER QUEENSLAND OIL SPILL
Source: Lydia Lynch (Brisbane Times)
An international shipping company accused of dumping 90 tonnes of oil into Queensland waters will be forced to give evidence at a pre-trial hearing. Panama-based Globex Shipping and its master, Kuk Hyun Jang, were each charged with two offences under the Protection of the Sea Act in 2017. They face fines of up to $17 million under Commonwealth law. Globex Shipping is accused of dumping about 90 tonnes of oil off Queensland during a voyage from Singapore to New Zealand, about July 16, 2015. The oil was alleged to have spilled from the bulk carrier Regina, which has since been renamed and sold to a Korean company.  FULL STORY

PORT DEAL BOOST FOR BUNDABERG TRADE AND JOBS
Source: Mirage News
A new agreement focused on expanding operations at the Port of Bundaberg is set to drive jobs growth in the Wide Bay Burnett region. Sugar handler Sugar Terminals Limited (STL) has confirmed it will investigate options to expand its existing storage and handling operations at the port. Transport and Main Roads Minister Mark Bailey said the Memorandum of Understanding signed between STL and the Gladstone Ports Corporation (GPC) could pave the way for increased and more diverse trade through the port, creating new jobs along the way. “This agreement is another sign that exporters see the potential for growth in Bundaberg and are ready to back that with long-term agreements,” Mr Bailey said.  FULL STORY

AUSTRALIA PLANNING NEW PORT IN NORTHERN COAST FOR USE BY US MARINES
Source: South China Morning Post
The Darwin port already includes military facilities and hosts visiting US ships, but the new port would offer large amphibious warships a more discreet and less busy base of operations. The national broadcaster quoted multiple defence and government officials as saying the facility would be about 40km from Darwin, capital of the Northern Territory, which controversially leased its own port to a Chinese operator in 2015. Peter Jennings, executive director of the Australian Strategic Policy Institute in Canberra, said the plans, if confirmed, would be a sign of “growing competition for access to infrastructure around the Indo-Pacific from both China and the US”.  FULL STORY

DREDGING UNDERWAY TO GROW BROOME’S CRUISE SHIPPING INDUSTRY
Source: Mirage News
The Port of Broome will be open to cruise ships around the clock in time for the start of the cruise ship season in mid-October, with dredging underway this week. The $15.3 million channel optimisation program will allow 24-hour access for cruise ships, which currently need to berth at irregular hours due to navigational hazards. Dredging is expected to run for two weeks, and will have minimal environmental impacts. The McGowan Government’s commitment to fix Broome Port prompted Carnival Australia to re-commit to homeporting the Sun Princess superliner in Fremantle for the 2019-20 cruise season. The dredging equipment this week completed the final stage of the Channel Risk and Optimisation Project (CROP) at the Port of Port Hedland.  FULL STORY

FENIX TO SHIP ORE FROM GERALDTON
Source: Geoff Vivian - Midwest Times
A new high-grade iron ore mine is likely to open near Cue and start exporting from Geraldton Port next March, Fenix Resources managing director Rob Brierley says. Mr Brierley, pictured, said the mine was expected to last seven years, creating 350 direct and indirect jobs, including 80 on site and another 100 in Geraldton.  He said while most mine workers would probably be fly-in, fly-out, the transport workers would be Geraldton-based road train drivers and fleet maintenance crew. “The ore will be trucked to Geraldton Port under a joint venture signed off in May, 2019, with trucking specialist Newhaul Pty Ltd,” he said.  FULL STORY

LUCKY BAY PORT GRAIN STORAGE AND EXPORT OPTION TO BE FULLY OPERATIONAL FOR THE 2019-2020 GRAIN HARVEST
Source: TPorts.com
At the Lucky Bay port site, 24,000 tonnes of silo storage is being built. These fumigable permanent steel silos can be filled directly by trucks from external storage or from the nearby bunker site via an internal haul road between the two Lucky Bay sites. The 358 hectare site at Lucky Bay has been transformed with 360,000 tonnes of grain storage in 10 bunkers. The bunker site features dual-automated 40-metre weighbridges and two dual-sided sampling offices with automated probes. FULL STORY

COOPERATION BETWEEN FIJI AND CHINA COULD IMPROVE TRADE
Source: FBC News
Minister of Industry, Trade and Tourism Premila Kumar reflected on the strong relationship between Fiji and China during the 21st Maritime Silk Road International Expo in China. Participating as a keynote speaker, Kumar noted the corporation between the two countries can lead to elevated trade, investment, tourism, cultural and people to people exchange. “This Theme Forum provides an important mechanism through which the implementation of the Maritime Silk Road strategy could lead to benefits for all parties.  FULL STORY

PORT OF TAURANGA REPORTS INCREASED PROFITS
Source: Sun Live
Port of Tauranga is today reporting record cargo volumes and increased profits for the year to 30 June 2019. The port continues to consolidate its position as New Zealand’s international hub port, with transhipment increasing 11.2 per cent. It handled more than 26.9 million tonnes of cargo, an increase of 10.2 per cent in volume, with containerised cargo growing 4.3 per cent to more than 1.2 million TEUs1. Group Net Profit After Tax passed the $100 million milestone for the first time, increasing 6.7 per cent on last year’s profit of $94.3 million to reach $100.6 million. Port of Tauranga chair David Pilkington says the results are evidence of Port of Tauranga’s success in becoming New Zealand’s major international hub port.  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