Baltic Exchange weekly report
THE BALTIC Dry Index fell over the past week to 1460 on Friday 12 January – a decrease of 30% on the previous Friday’s index. This past Friday marked the lowest point for the...
World Container Index skyrockets
THE DREWRY World Container Index increased by 15% this past week to $3072 per 40-foot container. The composite index has increased by 44% when compared with the same week last...
Outback freight road upgrade in progress
WORKS have begun on a flood-prone section of the Oodnadatta Track in South Australia’s far northwest. The works are to improve access after rain and help motorists, including...
Cyclone-damaged freight route reopening in QLD
A SECTION of an important road freight route in Far North Queensland is reopening after ex-Tropical Cyclone Jasper tore through the region in December. The Captain Cook Highway...
Containership Capitaine Dampier to be renamed
CAPITAINE Dampier is soon to become PFL Matai. The name change will take effect in Brisbane on 17-18 January as the vessel moves from Neptune Pacific Direct Line control to PFL....
New faces at the top of ARTC and Inland Rail
THE AUSTRALIAN government has appointed new leaders for the Australian Rail Track Corporation and Inland Rail. Nick Miller now has the top job at Inland Rail. According to a...
Provaris engages DNV for hydrogen carrier project
ASX-LISTED energy company Provaris has engaged classification society DNV to review the design of Provaris’ H2Neo hydrogen carriers. DNV will look at Provaris’ hydrogen cargo...
Dredging operation restores safe navigation in WA waterway
DREDGING of the Carnarvon Fascine in Western Australia has restored navigation for commercial and recreational vessels in the area, the state government said. The Western...
Höegh partners for biofuel
HÖEGH Autoliners and Varo Energy have joined together in a strategic partnership to advance maritime decarbonisation. The collaboration focuses on supplying 100% advanced biofuels...
Happy holidays to all DCN readers
AS 2023 draws to a close all of us here on the DCN news desk would like to wish our readers a merry Christmas and a safe, happy and prosperous New Year. We hope the coming weeks...
Australian hydrogen carrier developer signs MOU
ASX-listed Provaris has signed a 12-month memorandum of understanding with Uniper to evaluate the delivery of green hydrogen to Germany using Provaris’ compressed hydrogen H2Neo...
IMO publishes onshore power supply resource
THE INTERNATIONAL Maritime Organization has published a workshop package on onshore power supply (OPS). The package is for use by port stakeholders and explains how ports can use...
New bridge to boost freight connectivity
A NEW bridge has opened on Girgarre-Rushworth Road between Stanhope and Rushworth in rural Victoria. The bridge is to boost connectivity and reducing travel times for the region’s...
WA updates regime to put more freight on rail
CHANGES to the Western Australian Rail Access Regime could see more freight moved by rail, according to the state government. The changes, part of the new Railways (Access) Code...
NZ minister heads to India and Singapore for trade talks
NEW Zealand trade minister Todd McClay is travelling to India and Singapore with a goal to advance NZ’s relationships with the two countries. Mr McClay was due to depart on 18...
