Australia
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Shipbuilding
TS Lines Exits Transpacific Trade Amid Rate Declines
TS Lines is set to withdraw from the transpacific shipping market next month, marking a significant shift in its operations.…
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Shipbuilding
Austal USA Secures $100 Million Loan for Shipyard Expansion
Austal USA has announced a significant $100 million loan agreement with Export Finance Australia (EFA) aimed at enhancing its shipyard…
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Bulk Carrier
Mitsui O.S.K. Lines Launches Ammonia Bunkering in Australia
Japan’s Mitsui O.S.K. Lines (MOL) is set to spearhead a groundbreaking ammonia bunkering operation in Australia’s Pilbara region, aiming to…
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Bulk Carrier
AMSA Warns of Cargo Safety Risks at Ports
The Australian Maritime Safety Authority (AMSA) has raised alarms over the increasing number of container ships arriving at Australian ports…
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Shipbuilding
Coal Trade Set for Historic Decline in 2025
Global coal trade is projected to experience its first decline in two years, with significant drops anticipated in both 2025…
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Shipbuilding
Australia Invests $7.9 Billion in Defense Expansion
SINGAPORE — Australia is set to allocate 12 billion AUD (approximately $7.9 billion USD) towards the development of a new…
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Shipbuilding
Australia commits AUD 12 billion to kick off Henderson shipbuilding plan
In a significant move to bolster its naval capabilities, the Albanese administration has announced an investment of AUD 12 billion…
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Shipbuilding
Australia to Spend $8 Bln on Nuclear Submarine Shipyard Upgrades
Australia has announced a significant investment of 12 billion Australian dollars (approximately $8 billion USD) aimed at modernizing and expanding…
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Bulk Carrier
NH3 Clean Energy earmarks land for clean ammonia project at Port of Dampier
Australia’s NH3 Clean Energy has taken a significant step forward by signing a commitment agreement with the Pilbara Ports Authority.…
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Shipbuilding
Royal Navy Showcases Ambitious SSN-AUKUS Submarine Program
At the DSEI 2025 exhibition in London, the Royal Navy unveiled its SSN-AUKUS program, a pivotal initiative under the trilateral…
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