News & Media

12 March, 2021

Australian Newsletter - Issue 669

SHIPPING GROUP SAYS 5% OF MARINE FUELS SHOULD BE ZERO EMISSION BY 2030
Source: Hellenic Shipping News
At least 5% of fuel used by ships around the world will need to be zero emission by 2030 if the shipping industry is to meet decarbonization goals set out in the Paris Agreement, according to an environmental coalition of industry players. The Getting to Zero Coalition said that setting the 5% goal within the current decade would serve as the “tipping point” to reach decarbonization by 2050 and would “help mobilize action from industry stakeholders.” The interim target, according to analysis by University Maritime Advisory Services and the COP26 Climate Champions, is a necessary start to putting the industry on track for zero-emission fuels...  FULL STORY

GENDER EQUALITY AND LEADERSHIP IN A COVID-19 MARITIME WORLD
Source: International Maritime Organization
The International Maritime Organization welcomes this year’s United Nations theme for International Women’s Day 2021 of “Women in leadership: Achieving an equal future in a COVID-19 world.” This important message aligns with the various activities undertaken by IMO over the years to make the maritime sector more gender inclusive and to enhance the contribution of women as key maritime stakeholders. IMO Secretary-General Kitack Lim said: “International Women’s Day is the perfect opportunity for everyone in the maritime sector to ask: ‘Are we doing enough to make our industry more diverse?’.  FULL STORY

CREW CHANGE CRISIS AND SEAFARER VACCINATIONS HIGH ON ASSOCIATIONS ROUNDTABLE AGENDA
Source: Marcus Hand (Seatrade Maritime News)
The crew change crisis and recognising seafarers as key workers were high on the agenda at recent virtual meeting of the Roundtable of International Shipping Associations. The roundtable comprising Intertanko, Intercargo, Bimco and the International Chamber of Shipping (ICS) reaffirmed the industry’s commitment to getting seafarers universally recognised as key workers. Also highlighted was the need for a consistent and prioritised vaccination programme for seafarers and the ongoing need to find a solution to the crew change crisis.  FULL STORY

MARITIME INDUSTRY LEADERS SIGN MOU TO EXPLORE AMMONIA AS MARINE FUEL IN SINGAPORE
Source: Oli and Gas Republic
A.P. Moller – Maersk A/S, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation and Yara International ASA are pleased to announce that the parties have entered into a Memorandum of Understanding to jointly conduct a feasibility study (hereinafter “Study”) with the aim to be one of the pioneers in establishing a comprehensive and competitive supply chain for the provision of green ammonia1 ship-to-ship bunkering at the Port of Singapore, the largest bunkering port in the world. Emitting zero CO2 when combusted, ammonia has long been considered as one of the most promising alternative marine fuels to reduce greenhouse gas (GHG) emissions within the shipping industry, which is in line with the International Maritime Organization (IMO) strategy...  FULL STORY

SHIPPING INDUSTRY BACKS UNITED NATIONS $5 BILLION “MOON-SHOT” PROGRAMME TO DECARBONISE SHIPPING
Source: BIMCO
Industry partners welcome “moon-shot” proposal from governments to set up a $5 billion USD fund to catalyse the vital research and development needed to help shipping meet UN decarbonisation goals. Governments controlling a major share of world shipping to submit detailed proposals to the United Nations International Maritime Organization. Shipping leaders are calling on governments to ‘be on the right side of history’ and take forward the proposal at a critical meeting in June with a view to approval in November.  FULL STORY

CUNARD SETS TO RECREATE FIRST WORLD CRUISE FOR 2022/23
Source: Bernadette Chua (Cruise Passenger)
Cunard is set to send the Queen Elizabeth on a 121-day world cruise which will include major ports in Australia. The deployment between November 2022 to March 2023 will visit 15 Australian ports such as Melbourne, Sydney, Adelaide, Hobart, Burnie, Fremantle, Cairns and Darwin. For Aussies that don’t want to join the world cruise, they can step aboard the regal ship for two to 31-night sailings. It’s a momentous occasion as the Queen Elizabeth sets to recreate the first ever continuous circumnavigation that took place 100 years ago.  FULL STORY

TOWNSVILLE DREDGING PROJECT STARTS IN MAY
Source: Zlatan Hrvacevic (DredgingToday.com)
In their first community newsletter for 2021, the Port of Townsville gave a brief update on some of the largest projects in the port’s history. “The Channel Upgrade Project is well advanced with construction of the rock wall nearing completion and dredging to start in May this year,” said Ranee Crosby, CEO of Port of Townsville Limited. “It is great to see the Port of Townsville’s $232 million Channel Upgrade project continuing to deliver jobs for the region,” added Crosby. “The Channel Upgrade will help future-proof the port and the diverse range of industries that rely on it including mining, agriculture, construction, energy, defence, retail and cruise.” Last December, the port awarded the project’s largest contract to Hall Contracting Pty Ltd.  FULL STORY

AUSTRALIAN PORT TO HOST MASSIVE PV ARRAY, HYDROGEN PLANT
Source: Blake Matich (PV Magazine)
London-based Eco Energy World plans to combine a 300 MW solar project in Australia with a 200 MW hydrogen plant and 100 MW of energy storage to export green hydrogen to the global market. London-based Eco Energy World (EEW) has announced plans for a AUD 500 million ($385.4 million) solar green hydrogen plant in Gladstone, Australia. EEW, which is already developing a 300 MW solar project in Ragland, Queensland, plans to combine the PV plant with a major green hydrogen project. Gladstone, a traditional coal and gas hub, is on its way to becoming a green hydrogen mecca, with several ambitious projects already in the pipeline, including Hydrogen Utility’s proposed industrial complex for the large-scale production of green hydrogen and ammonia.  FULL STORY

WALLACE INTERNATIONAL GAINS HUGE PORT OF BRISBANE SPACE
Source: FullyLoaded.com.au
Fleet-owning freight forwarder Wallace International is the latest transport and logistics player to secure a new base of the Port of Brisbane. The newest tenant of the Port West Industrial Estate at Lytton relocates after signing a 10-year lease for a 2.22-hectate site. Built to Wallace International’s specific requirements, the facility will comprise an 8,982-square-metre warehouse, 1,000 sq m office space, 73 car parking bays, sunken docks and a dock office. The development will also work towards achieving a 4-star, Green Star equivalent design – standard for all new port property developments – and will include sustainable design elements including LED lighting, irrigated landscaping, water tanks and a 100kW solar system.  FULL STORY

TRUCKING CHARGES AT AUSTRALIAN CONTAINER PORTS ARE SURGING AND CONSUMERS MAY FOOT THE BILL
Source: Sue Lannin (ABC News)
Arthur Tzaneros and his father set up their trucking firm back in 2005, but he has never seen stevedore charges so high. Based at one of Australia's biggest container ports, Port Botany in Sydney, ACFS Port Logistics has become the biggest privately-owned container logistics firm in Australia. But the ACFS chief executive is worried about the future of his business. Mr Tzaneros said fees charged to load and unload cargo by port operators, known as stevedores, have increased by nearly five fold since 2017.  FULL STORY

PPA DELIVERED A MONTHLY THROUGHPUT OF 51.8 MILLION T
Source: Lydia Woellwarth (Dry Bulk Magazine)
Pilbara Ports Authority has delivered a total monthly throughput of 51.8 million t for February 2021. This throughput was a 4% increase compared to the same month in 2020. The Port of Port Hedland achieved a monthly throughput of 37.9 million t of which 37.4 million t was iron ore exports. The monthly throughput was a 3% decrease from February 2020. Imports through the Port of Port Hedland totalled 140 000 t, an increase of 10% from the same month in 2020. The Port of Dampier delivered a total monthly throughput of 13 million t, an increase of 32% from February 2020.  FULL STORY 

IRON ORE RECOVERS AS PORT HEDLAND SHIPMENTS TO CHINA HIT TWO-YEAR LOW
Source: Enrico Dela Cruz (Reuters)
Benchmark Asian iron ore futures rose on Thursday as data showed monthly shipments of the steelmaking ingredient to China from Australia’s Port Hedland dropped to the lowest in two years. Shipments from Port Hedland, the world’s biggest iron ore export hub, totalled 30.73 million tonnes in February, when top steel producer China typically imports less due to the Lunar New Year holidays. That is the lowest since March 2019 and compares with 35.6 million tonnes in January and 33.3 million tonnes in February last year, data from Australia’s Pilbara Ports Authority showed.  FULL STORY  

FIRE HITS RIO TINTO’S WESTERN AUSTRALIAN IRON ORE PORT
Source: Argus Media
A fire at UK-Australian mining firm Rio Tinto's East Intercourse Island (EII) iron ore berth at Dampier port on the Pilbara coast of Western Australia (WA) has disrupted shipments from the port. The fire broke out in the screening house for the berth on the evening of 5 March and was quickly bought under control, according to Rio Tinto. The EII berth was empty on 8 March, with a vessel moved from here to Rio Tinto's adjacent Parker Point berth 3 on 7 March. Another vessel is due to arrive at the EII berth at 5pm Western Australian standard time (9am GMT) on 8 March.  FULL STORY  

FENIX RESOURCES (ASX:FEX) HITS MILESTONE PRODUCTION RATE FROM IRON RIDGE, WA
Source: Josh Smith (The Market Herald)
Fenix Resources (FEX) has ramped-up iron ore production at its flagship Iron Ridge mine in Western Australia to a rate of 1.25 million tonnes (Mt) per year. The junior miner kicked off production at the project in December 2020, with its first iron ore shipment leaving the Port of Geraldton on February 19, 2021, carrying just over 37,000 wet metric tonnes (wmt) of cargo. However, Fenix has a four-year export deal with WA's Mid West Ports Authority (MWPA) under which it can ship 1.25 Mt of iron ore per year. As such, this rate of production has always been the goal for the Iron Ridge mine.  FULL STORY

MU SAYS MAERSK SHOULD BE EMPLOYING NEW ZEALAND SEAFARERS FOR ITS NEW LOCAL SERVICE
Source: Scoop.co.nz
The Maritime Union says an international shipper is threatening the future of New Zealand coastal shipping by exploiting legal loopholes. Global shipping giant Maersk has announced a new service called Sirius Star which will use two overseas flagged Maersk ships with an entirely foreign crew rotating through five New Zealand ports and two in Fiji. Maritime Union of New Zealand National Secretary Craig Harrison says Maersk should be crewing these ships with New Zealand seafarers. The ships will be moving containers around New Zealand ports to assist with the port congestion at Ports of Auckland after a series of management failures.  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.