World Container Index continues steady decline
DREWRY’S composite World Container Index decreased 3% to US$2836 per 40-foot container this week. The latest figure is a 66% increase compared with the same week last year and is...
Vale Michael Parker
CONDOLENCES are flowing in from around the industry following the death of Fremantle Ports CEO Michael Parker. Mr Parker died while he was at work on Wednesday morning (3 April),...
MARITIME COUNTRY PROFILE: Iceland
From Viking explorers and fishing fleets to ships carrying raw aluminium, Iceland’s story has always been bound up with seaborne transport WHILE there is evidence that Scottish...
THE GRILL: Jing Gandy
Jing Gandy discusses her migration from China, her late husband's maritime legacy, and her journey in publishing the Australian Boating Manual. Why did you decide to migrate from...
MARITIME HISTORY: City of Singapore burns
An explosion on board the vessel City of Singapore in April 1924 claimed the lives of three Adelaide firemen ONE evening in April 1924 the ship City of Singapore caught fire at...
DCN Magazine April 2024 edition: Feature Focus – New Zealand
The April 2024 edition of the DCN magazine is now available to read online! In this edition our main features are: New Zealand – Challenges and developments for New Zealand’s...
Melbourne container trade up 19% in February
PORT of Melbourne’s total container trade jumped 19.1% last month, compared with February 2023. The port handled a total of 262,250 TEU in February 2024. Full container import...
Baltic Exchange weekly report
THE BALTIC Dry Index declined each day this past week, landing at 2196 on Friday 22 March. The Baltic Dry Index for the week ending Friday 22 March 2024. Source: Baltic Exchange...
World Container Index continues downward trend
DREWRY’S World Container Index decreased by 5% this past week to US$3010 per 40-foot container. The latest WCI is 112% higher than average 2019 (pre-pandemic) rates of US$1420....
Baltic Exchange weekly report
THE BALTIC Dry Index saw slight movement over the past week, increasing 1% to 2374 on Friday 15 March, compared with the previous Friday. The Baltic Dry Index for the week ending...
World Container Index showing downs and ups
DREWRY Supply Chain Advisors’ World Container Index has the bad and the good news this week, depending on your perspective. While the composite index decreased by 4% to US$3,162...
New leader at DHL centre
DHL has appointed Yi Ning Tay as the new head of Asia Pacific Innovation Centre in Singapore. Ms Tay plans to advance DHL’s innovation centre – the first in the region – as a...
Baltic Exchange weekly report
THE BALTIC Dry Index dipped to 2176 this past week before returning to its upward trajectory. On Friday 8 March the index was 2345. The Baltic Dry Index for the week ending Friday...
Aussie-designed ferry deployed in Hong Kong
A NEW passenger ferry designed by Incat Crowther has entered service in Hong Kong. Xin Ming Xhu VIII was designed by the Australian marine engineering company and built by...
Towage services determination for port of Melbourne
PORTS Victoria has announced a towage services determination for the waters of the port of Melbourne. Ports Vic issued Svitzer Australia with a non-exclusive licence, effective 1...
