News
Baltic Exchange weekly report
THE BALTIC Dry Index declined this past week from a peak in the previous week. The index rounded out the week at 1080 on 25 August. This was a decline of 13% on the previous...
World Container Index decreases
THE DREWRY World Container Index decreased by 3.5% to $1768.33 per 40-foot this past week week. It has dropped by 70.5% when compared with the same week last year. The latest...
Ship burns biofuel on Newcastle voyage
In late July, Nippon Yusen Kabushiki Kaisha, Asahi Shipping Company (part of NYK group) and Kobe Steel bunkered the bulker Sunrise Serenity with biofuel. The fuel was bunkered via...
The DCN Weekly: Episode 61
IN THE news this week, the CEO of Ports Victoria announced his resignation. https://open.spotify.com/episode/5kwaLRsZBbpHljoyydM6ai?si=2443c9a60ece41eb Also this week, Port of...
Baltic Exchange weekly report
THE BALTIC Dry Index jumped more than 100 points on Thursday to 1247. This was the highest the index has been since 24 May when it was 1295. The BDI this past week declined...
World Container Index posts another week of modest gains
THE LATEST Drewry World Container Index increased by 2.3% to US$1832.48 per 40-foot container this past week. However, the WCI has dropped by 70.6% when compared with the same...
World Container Index inches up again
THE LATEST Drewry World Container Index increased by 1.7% to US$1790.60 per 40-foot container this past week. The WCI and has dropped by 72.2% when compared with the same week...
The DCN Weekly: Episode 60
IN THE news this week, Silk Logistics acquired port and bulk logistics provider Secon in a deal announced last Friday....
Reefer trades resilient in tough times: Drewry
REEFER container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in reefer seaborne trade last year, according to maritime...
The DCN Weekly: Episode 59
IN THE news this week, a ballot for protected industrial action filed by the Australian Maritime Officers Union received unanimous support from its members working for Poseidon...
The World Container Index rises again
LAST week, Drewry’s World Container Index increased by 11.8% to US$1761.33 per 40-foot container. Following four consecutive weeks of increases, this week’s composite index is the...
Pilbara industry players agree on clean energy development
MAJOR players in Pilbara industry, including significant resources exporters, have agreed on common use electricity infrastructure in the region. The agreement among Pilbara...
MARITIME HISTORY: The death of Sir James Burns
Sir James Burns was an important figure in Australian shipping in the early part of the 20th century. He died 100 years ago in August 1923 WITH the death of Sir James Burns 100...
DCN Magazine August 2023 edition: Feature Focus – diversity and inclusion
The August 2023 edition of the DCN magazine is now available to read online! In this edition our main features are: Diversity & inclusion – Reframing roles to transform the...
The DCN Weekly: Episode 58
A FIRE broke out on a ro-ro vessel off the coast of the Netherlands this week, with one crewmember reported to have been killed in the blaze....
