News & Media

16 July, 2021

Australian Newsletter - Issue 687

SHIPPING NEEDS GLOBAL STRATEGY FOR CARBON PRICING
Source: Paul Bartlett (Seatrade Maritime News)
International shipping needs a universal carbon pricing strategy, not a regional one. This was one of the conclusions agreed on by most panellists at a Seatrade Maritime Online Series webinar, titled Progressing Decarbonisation – An Incremental Approach, yesterday. The panellists’ call for a global setup came at a critical moment yesterday, just a few hours before the European Union announced that shipping would be included in the bloc’s Emissions Trading Scheme. It also preceded the imminent start of China’s emissions trading scheme, billed as the world’s largest carbon trading market, later this month. FULL STORY  

RISKS REMAIN AS MARITIME PIRACY INCIDENTS AT LOWEST LEVEL IN 27 YEARS
Source: Kylie Bielby (HomelandSecurityToday.us)
The International Maritime Bureau’s latest global piracy report details 68 incidents of piracy and armed robbery against ships – the lowest total since 1994 – down from 98 incidents during the same period last year. In the first six months of 2021, IMB’s Piracy Reporting Centre (PRC) reported 61 vessels boarded, four attempted attacks, two vessels fired upon and one vessel hijacked. Despite the overall decline in reported incidents, violence against crews has continued with 50 crew kidnapped, three each threatened and taken hostage, two assaulted, one injured and one killed throughout the first half of 2021. FULL STORY

EUROPE: EC UNVEILS FUELEU MARITIME PROPOSALS
Source: Lesley Bankes-Hughes (Bunkerspot)
The initiative, which is aimed at increasing shipping’s uptake of renewable and low carbon fuels (RLF), has been criticised in some quarters for supporting the use of LNG and biofuels rather than encouraging a shift to low/zero carbon fuels such as green hydrogen. As part of a basket of long-awaited measures intended to accelerate Europe’s energy transition and meet the targets set out in Europe’s Green Deal – the so-called Fit for 55 package – the European Commission (EC) has outlined its plans to include shipping in Europe’s emissions trading system (ETS) and also fleshed out its proposal for the FuelEU Maritime initiative. FULL STORY

RISING COVID OUTBREAKS ON SHIPS ENDANGER MARITIME WORKERS, RISK TRADE DISRUPTIONS
Source: K. Oanh Ha, Ann Koh and Claire Jiao (Insurance Journal)
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns. Infections on vessels could further harm already strained global supply chains, just as the U.S. and Europe recover and companies start stocking up for Christmas. The shipping industry is sounding the alarm as infections increase and some ports continue to restrict access to seafarers from developing countries that supply the majority of maritime workers but can’t vaccinate them. FULL STORY

DRIVING IMMEDIATE DECARBONISATION ACTION WITH SUSTAINABLE BIOFUELS
Source: Bart Hellings (Seatrade Maritime News)
Growing pressure to act on the environment means that shipowners need immediate-term solutions to improve their sustainability. Advanced biofuels are an important piece in the puzzle that is shipping’s decarbonisation journey. Throughout its long history, the shipping industry has never before experienced such an urgent requirement to put sustainability at the heart of what we do. Seemingly every day there is more pressure on us to demonstrate environmental change, and general awareness of the sector’s decarbonisation efforts has increased. FULL STORY

AUSTRALIA TO FUND 10 DIESEL STORAGE FACILITIES
Source: Kevin Morrison (Argus Media)
Australia's federal government is funding up to A$260mn ($194mn) to build 10 storage facilities following last year's pledge to assist the expansion of domestic diesel storage capacity by 780mn litres (4.9mn bl) to meet its IEA strategic reserve commitments. Many of the projects are located in strategic regional locations, which will help minimise shortages of diesel during peak demand periods and lead to more than A$636mn of public and private-sector investment into these areas, Australian energy minister Angus Taylor said. The projects will also deliver 202mn l of additional gasoline and jet fuel storage funded by the private sector. FULL STORY

AUSTRALIAN CATTLE EXPORTS LIFT IN JUNE, COVID OUTBREAKS CLOUD OUTLOOK
Source: James Nason (Beef Central)
AUSTRALIA recorded its highest monthly cattle export volumes for 12 months in June, with shipments increasing to 97,542 cattle for the month despite the sustained high price of Australian cattle. The increased trade activity came during the peak dry-season northern cattle turnoff period and coincided with the arrival in northern ports of two of the biggest vessels in the trade, the 18,000 head Ocean Drover and the 13,000 head Polaris 3. Both ships became available after completing journeys from Uruguay and Chile respectively to China and were secured by Australian exporters for runs to Indonesia and Vietnam for delivery in June. FULL STORY

PILBARA PORTS THROUGHPUT VALUE JUMPS 29 PER CENT
Source: Michael Philipps (Australian Mining)
The Pilbara Ports Authority (PPA) has broken full-year records for the second year running, with a total throughput of 724.7 million tonnes (Mt) for the 2020-21 financial year. This followed exceeding 700Mt for the first time last financial year and represented an increase of 14 per cent over the past five years. PPA chief executive officer Roger Johnston said the organisation’s strong performance was a result of improved port efficiencies, which has helped to meet the strong demand for iron ore exports. “The investment to increase the port of Port Hedland’s capacity is paying off, with the enhancements resulting in an expanded shipping window to enable more vessels to sail on high tide per year, as well as increasing the amount of product that can be safely loaded onto vessels… FULL STORY

ELEMENT 25 SHIPS MAIDEN CARGO OF PILBARA MANGANESE CONCENTRATE
Source: Matt Birney (The West Australian)
ASX-listed Element 25’s maiden shipment of manganese concentrate from its Butcherbird operation in Western Australia’s southern Pilbara region has left Port Hedland, only a little over a year since the company posted its initial project pre-feasibility study. The company not only graduated to manganese producer status at a cracking rate but also achieved the milestone having spent just $17 million on the capital cost of construction to get Butcherbird up and running. Perth-based Element 25 says loading of about 27,000 tonnes of “high quality” Butcherbird manganese concentrate aboard a Handymax-size vessel was the culmination of a tireless effort by its construction and operations teams, with the ship departing Utah Point bulk handling facility yesterday. FULL STORY

2021 SEASON ON TRACK TO BE A BIN BURSTER
Source: Shannon Beattie (Farm Weekly)
WITH the very large total area sown this year and good growing conditions right across the State, it is hard to see how Western Australia will not be in for a record total tonnage, with the Grain Industry Association of WA (GIWA) last week conservatively predicting 19.63 million tonnes. Recent rainfall has consolidated the excellent start to the grain growing season and all regions have received top-up rain which has continued to drive tonnage estimates up. The wet areas in the South West and southern coastal areas are now becoming too wet and tonnage estimates are down at least 10 to 15 per cent in the southern areas of the Albany Port zone and the coastal strip in the Esperance port zone. FULL STORY

AUSTRALIA'S GWR, MACARTHUR TAP QUICKER IRON ORE ACCESS
Source: Jo Clarke (Argus Media)
Australian iron ore producer GWR has signed a mine gate sales agreement with developer Macarthur Minerals aimed at getting more marginal iron ore supplies to the market quickly to capitalise on firmer prices. Macarthur will use rail capacity agreed with haulage firm Pacific National to deliver 400,000 t/yr of iron ore from GWR's C4 deposit at the Wiluna West venture in the Goldfields region of Western Australia (WA) to the port of Esperance. This will be in addition to the 1mn t/yr that GWR plans to ship from the port of Geraldton. FULL STORY

AUSSIE MINERS COMMIT TO DECARBONISATION
Source: Mining Journal
The Australian Renewable Energy Agency has allocated A$2 million to find ways to decarbonise heavy industry. The funds have been provided to ClimateWorks Australia for the next phase of the Australian Industry Energy Transitions Initiative. AIETI is a collaboration between ClimateWorks and large miners Rio Tinto, BHP and Fortescue Metals Group along with heavy industrials such as BlueScope Steel. Together, ClimateWorks and its partners will use the funds to find ways to decarbonise iron ore mining, steel production, alumina and aluminium refining, and other metals processing. FULL STORY

MARITIME UNION SUPPORTS MANDATORY COVID-19 VACCINATION FOR PORT WORKERS
Source: Bonnie Flaws (Stuff.co.nz)
Airport and port workers are being brought under the Covid-19 vaccination order, Prime Minister Jacinda Ardern and Covid Minister Chris Hipkins have announced. The Maritime Union is supporting the Government’s move to make Covid-19 jabs mandatory for port workers. National secretary Craig Harrison said the union also supported freedom of choice for those workers who did not want to be vaccinated, and it would work with employers to ensure unvaccinated workers did not have their jobs put in jeopardy. The need to protect port workers and the community was the main concern for the union, he said. FULL STORY

TAIC 'INVISIBLE' IN MARITIME SAFETY, INDUSTRY SAYS
Source: Emma Hatton (RNZ)
The maritime industry has come out swinging at the country's transport accident investigator saying it's not serving its purpose and vital safety lessons are being missed. The Marine Transport Association has written to the Transport Minister accusing the Transport Accident Investigation Commission of doing too little and sanitising the reports it does produce. Marine Transport Association executive director Margaret Wind said for the past five years TAIC had been virtually non-existent. "There have been a number of instances within our industry where we were hoping to see TAIC come to the party and we were thinking 'great ... FULL STORY

WE’RE STARTING TO GET THE MESSAGE ACROSS – CRUISE LINES SAY MPS ARE BACKING A RETURN TO CRUISE
Source: Teresa Ooi (Cruise Passenger)
Australia’s cruise industry believes MPs are finally getting the message about a return to cruising, with a number of Parliamentarians coming out in in support of the call for a plan to bring ships back to local waters. A group of MPs including Kristy McBain, the member for Eden-Monaro, are stepping up their campaign to restart domestic cruising in Australia. Spearheaded by Cruise Lines International Association Australasia (CLIA) and Carnival Australia, the campaign has now been joined by Queensland MP and member for Leichhardt, Warren Entsch, and Kristy McBain, the member for cruise port Eden-Monaro. 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.