Vale Don Kennedy
DON Kennedy, a WWII veteran and familiar face at merchant navy memorial gatherings, has died. Mr Kennedy served as veterans’ advisor to the Merchant Navy War Memorial Fund, which...
Port of Melbourne reports strong October trade
CONTAINER throughput increased at Port of Melbourne last month, with upticks reported across all container trades. The port handled a total of 295,000 TEU in October 2024 – a 4.9%...
World Container Index down 1%
THE WORLD Container Index decreased 1% to US$3413 per FEU this past week. The composite index, published by Drewry, is now 67% below the previous pandemic peak of US$10,377 in...
And the winners are ...
Daily Cargo News is delighted to announce the winners of the DCN 2024 Australian Shipping & Maritime Industry Awards. The winners were announced on Thursday (21 November) at a...
Baltic Exchange weekly report
THE BALTIC Dry Index decreased each day this past week, landing at 1537 on Friday 22 November. The Baltic Dry Index for the week ending Friday 22 November 2024. Source: Baltic...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week, ending the week at 1785. The Baltic Dry Index for the week ending Friday 15 November 2024. Source: Baltic Exchange Capesize The...
World Container Index stabilises
DREWRY’S World Container Index (WCI) has remained stable this past week, finishing up at US$3440 per FEU for the week of 14 November, a decline of just US$4. The index remains 67%...
Pilbara throughput down 1% in October
PILBARA Ports Authority has reported a total monthly throughput of 62.5 million tonnes in October 2024 – a 1% decrease compared with the same month last year. The Port of Port...
IFCBAA appoints new directors
THE International Forwarders & Customs Brokers Association of Australia (IFCBAA) held Board of Directors Meetings and its Annual General Meeting on 31 October 2024. As a result of...
World Container Index jumps 7%
THE WORLD Container Index increased again this past week, up 7% to US$3444 per 40-foot container on 7 November. The composite index, published weekly by Drewry, is now 67% below...
Baltic Exchange weekly report
THE BALTIC Dry Index increased this past week to 1495 on Friday 8 November The Baltic Dry Index for the week ending Friday 8 November 2024. Source: Baltic Exchange Capesize The...
Melbourne luncheon to celebrate Alma Doepel restoration progress
A GALA luncheon in Melbourne this month will celebrate the progress of the restoration of Australian-built tall ship Alma Doepel. On 22 November, over lunch at Hotel Windsor, the...
Container trade increases at Melbourne while non-container takes a dive
PORT of Melbourne has posted an increase in container throughput for September 2024, up 6.4% against September last year. The port handled 284,000 TEU in September, with full...
Air cargo demand hits 14th consecutive month of growth
THE INTERNATIONAL Air Transport Association has reported another increase in air cargo demand, marking the 14th consecutive month of growth. The latest monthly statistics from...
World Container Index sees first uptick in months
DREWRY’S World Container Index increased 4% this past week, reversing a steady downward trend which began more than three months ago. The composite index on 31 October was $3213...
