News & Media

29 January, 2021

Australian Newsletter - Issue 663

LR JOINS 300 ORGANISATIONS IN SIGNING NEPTUNE DECLARATION
Source: Hellenic Shipping News
Industry and human rights leaders sign a worldwide call to action to end the unprecedented crew change crisis caused by COVID-19.  LR has signed the Neptune Declaration on Seafarer Wellbeing and Crew Change with more than 300 organisations and companies throughout the entire maritime supply chain. The Declaration recognises that signatories have a shared responsibility to ensure the humanitarian crisis of stranded seafarers is resolved as soon as possible. The Neptune Declaration draws attention to an estimated 400,000 seafarers left stranded on ships beyond the expiry of their initial contracts, many unable to leave since the outbreak of the coronavirus pandemic. Their plight poses a threat to the safety and smooth running of the global maritime supply chain which carries up to 90% of global trade.  FULL STORY

HUGE SHIFT UNDERWAY TO LNG AS A FUEL TO REDUCE EMISSIONS
Source: Michele Labrut (Seatrade Maritime News)
LNG as a transition fuel to reduce CO2 emissions is fast gaining traction as is evidenced by a growing number of dual-fuel newbuilding contracts and what has become a daily stream of announcements relating to bunkering and supply. From being the preserve of niche and regional trades there are a growing number of deepsea trading vessels that are LNG dual-fuel and a significant number of newbuildings on order.  Dallas Smith, vice president of LNG for the Liberian Registry, says it is the best option in the market at the moment to reduce the emissions, in terms of its availability for bunkering, and operational understanding.
FULL STORY

MARITIME CYBER SECURITY – BEST PRACTICES AND LESSONS LEARNT
Source: Justin Cronje (defenceWeb)
In this feature we look at a seminar on the maritime cyber security domain, an overview of the International Maritime Organisation’s cyber security doctrine and probably the greatest story of a shipping company overcoming a major cyber attack. At the core of global trade, maritime traffic plays a key role in economic, political, and cultural spheres. Maritime ports are the connectors and interface of this trade and amid COVID-19, security and sustainability in the maritime sector is a major factor for long-term growth and development. Given the enormous amounts of trade via Africa’s oceans (around 90% of Africa’s trade) and the negative impact COVID-19 has had on African economies, security and efficiency of shipping and ...  FULL STORY

COAL CARRIER QUEUE EASES OFF NORTHERN CHINA
Source: Sam Chambers (Splash247.com)
Chinese buyers of Australian coal are finding new markets to sell their banned substances, helping ease the ship queues in northern China that have stranded more than 1,100 seafarers this winter. Beijing has banned a range of Australian products including coal after Canberra called for an international investigation into the origins of the coronavirus. Many coal carriers have been left stranded at Chinese anchorages, some since June last year. Latest data from Braemar ACM shows that at the end of last week there were 19 capesizes and 47 panamaxes waiting to discharge Australian coal in China, totalling 7.5m dwt.  FULL STORY

CBH’S EXPORTS RAMPING UP
Source: Holly Demaree-Saddler (World-grain.com)
The CBH Group’s exports for Western Australia remain strong with record breaking shipments in December. Ben Macnamara, chief operations officer of CBH, said since the start of the shipping season in October 2020 approximately 2.5 million tonnes of grain had been moved from country receival sites to ports and shipped. Shipping stems at all four CBH grain port terminals at Geraldton, Kwinana, Albany and Esperance are currently fully booked through to the end of June.  FULL STORY

AUSTRALIAN COAL EXPORTERS BRUSH CHINESE BAN ASIDE
Source: Salomae Haselgrove (Australian Mining)
Australia has overcome China’s alleged coal import ban, with exports increasing during December, according to Australian Minister for Resources, Water and Northern Australia Keith Pitt. The value of Australia’s coal exports increased by 26 per cent compared with November, with thermal coal accounting for most of the increase to meet demand during the northern hemisphere’s winter. Pitt said this result was a demonstration to the resilience and hard work of the Australian resources industry to maintain full operations during the COVID-19 pandemic, which shut down many other industry sectors globally.  “Coal was worth $3.7 billion to the Australian economy in December alone as exporters…  FULL STORY

SUNNY OUTLOOK STAYS FOR IRON ORE, COAL SHIPPERS GUESS ON TIMING OF CHINESE BUYERS’ RETURN
Source: Miles Cooper (Stockhead)
China-bound cargoes of iron ore stepped down from their nine-year high of $US170.55 per tonne reached last week to $US165.05 per tonne ($213.50/tonne) this week. The traded price includes bulk vessel freight costs to destination ports and shipping costs have been rising partly because of delays in unloading coal cargoes at Chinese ports. Futures prices for iron ore were trading at a slight discount to physical cargo prices, with the Singapore Exchange’s February contract at $US162 per tonne, Wednesday. Market analysts are expecting China’s demand for iron ore to stay robust in 2021, with some anticipating further price rises for the steel-making ingredient.  FULL STORY

FORTESCUE ADDS RECORD SHIPMENTS TO LIST OF MILESTONES
Source: Salomae Haselgrove (Australian Mining)
Fortescue Metals Group has capitalised on strong demand from international customers by finishing the first half of the 2021 financial year with a record 90.7 million tonnes in iron ore shipments. This was increased by a shipment of 46.4 million tonnes in the December quarter, comprising 18.3 million wet metric tonnes of Fortescue’s blend, 14.2 million wet metric tonnes of super special fines, 3.9 million wet metric tonnes of Kings fines and 3.8 million wet metric tonnes of West Pilbara fines. The company also hit major project milestones during the quarter, transitioning the Eliwana mine in the Pilbara into operation, and completing construction and installation of...  FULL STORY

CONTRACT AWARDED FOR GERALDTON PORT UPGRADE
Source: Imogen Hartmann (Infrastructure Magazine)
The contract for a $10 million Geraldton Port infrastructure project has been awarded, with works to begin in February 2021. Mid West Ports Authority awarded the tender for the Wharf 4 Strengthening and Rail Replacement project to Fortec Australia, with works set to create up to 40 local jobs. Wharf 4 – constructed in 1965 – is the primary export wharf for mineral sands, talc and concentrates from Geraldton Port, and required significant upgrades to cater for the expected expansion in trade from the Mid-West. The Western Australian Government allocated $10 million to the project as part of the WA Recovery Plan, to provide local economic stimulus while paving the way for future growth at Geraldton Port.  FULL STORY

NEW LNG HUB LOOKS TO DISPLACE DIESEL
Source: The Australian Pipeliner
I Squared Capital (ISQ) has recruited Perth-based Clean Energy Fuels Australia (CEFA) to develop a platform to reduce carbon footprints. The Energy Transition Platform will focus on reducing the carbon footprint of energy intensive industries in Australia, with its initial focus on the Western Australian mining sector through an LNG hub at Mount Magnet. The platform is expected to invest up to $500 million on assets providing low-carbon and renewable solutions, including offering an integrated solution to remote mining customers to meet their evolving energy including LNG to power generation and the transition towards green hydrogen.  FULL STORY

CARGILL INVESTS IN NEW MOBILE PORT LOADER AT PORT ADELAIDE
Source: Gregor Heard (Queensland Country Life)
CARGILL is loading grain for export at Port Adelaide via the use of an export mobile ship loader it has had built for grain exporting.
The first exports via the port facility at Berth 20 at Port Adelaide were loaded this week. Cargill officials said that while the loader was mobile they intended it to stay at its current location for the foreseeable future. The port facility will be used to export grain accumulated at Cargill's South Australian Grain Flow bulk storages at Maitland, Mallala, Pinnaroo and Crystal Brook. Viterra has a stranglehold on grain exports out of South Australia, however there have been new developments in recent years on the Eyre Peninsula, via Free Eyre's Port Spencer…  FULL STORY
 
WOODSIDE MOVES ON HYDROGEN IN TASMANIA
Source: The Australian Pipeliner
Woodside and Tas Gas have signed a non-binding agreement to assess the potential of blending green hydrogen in the Tasmanian gas network. At the same time, Woodside has also signed a Memorandum of Understanding (MOU) with the Tasmanian Government outlining the state’s support for the company’s H2TAS project – a renewable hydrogen production facility in Bell Bay. Signed by Woodside CEO Peter Coleman and Tasmanian Premier Peter Gutwein, Mr Coleman said the MOU demonstrated a shared net-zero aspiration.  FULL STORY

THE SEAFARER CRISIS — A SHIPPING PROBLEM BEING PASSED FROM PORT TO PORT
Source: Dileep Fonseka (stuff.co.nz)
A major maritime crisis is getting so bad some seafarers are injuring themselves just to get home. The problem is turning up at New Zealand’s door. Some of these crews are arriving with unpaid wages. Others haven’t touched dry land since the start of the pandemic while a few are badly in need of medical assistance. An estimated 400,000 seafarers are still on these ships despite their seafaring contracts having come to an end. To go back to their families they need access to airports, so they can swap places with others. The Government has passed provisions allowing things like crew changes (which are guaranteed under the Maritime Labour Convention) to happen, but that’s not the full story.  FULL STORY

WINDSTAR OUTLINES SAILINGS THROUGH MAY 2023 IN NEW VOYAGE PLANNER
Source: Theresa Norton (travelpulse.com)
Windstar Cruises has released a nearly 200-page printed brochure with information detailing itineraries from May 1, 2021, through May 2023. “In 2021 through 2023, we have a mix of long-time favorites and fresh new itineraries, recently transformed yachts and exciting new cruise tours. We have planned further out so people can book early,” Windstar President Chris Prelog said. The three transformed Star Plus Class ships will have new restaurants, more suite choices, environmental improvements, more deck space and alfresco dining…  FULL STORY

HAL OPENS SALES FOR 2023 WORLD CRUISE, VOYAGES AROUND AFRICA, SOUTH AMERICA
Source: Anne Kalosh (Seatrade Cruise News)
Holland America Line’s 2022 Grand Africa Voyage, 2023 Grand World Voyage and 2023 Grand South America & Antarctica Voyage are open for sale. Ranging from 71 to 127 days, these longer journeys take travellers to the far corners of the world across six continents, all round-trip from Fort Lauderdale, without the need for international air travel. Each voyage offers an early booking bonus valued at up to $6,730 per person for travellers who book the full Grand Africa Voyage itinerary by Feb. 25, 2022, or the full Grand World Voyage…  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.