News


The DCN Weekly: Episode 58

1 min read
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....
The DCN Weekly: Episode 58

World container Index inches up again

1 min read
THE LATEST Drewry World Container Index of US$1575.62 is an increase of 2.5% week-on-week. However, it dropped by 76.7% when compared with the same week last year. The latest...
World container Index inches up again

Baltic Exchange weekly report

11 mins read
THE BALTIC Dry Index ended the week past at 978. This was down slightly from where it started the week – 1073 on Monday, and it is also down 10% on the previous Friday. The Baltic...
Baltic Exchange weekly report

World Container Index increases second week in a row

1 min read
THE WORLD Container index increased this past week by 3.3% to US$1536.86 per 40-foot container. The index, which measures weekly ocean freight rate movements of 40-foot containers...
World Container Index increases second week in a row

The DCN Weekly: Episode 57

1 min read
THIS week, AMSA halted the tender process for the contract to maintain aids to navigation around Australia for the next 10 years. Also in the news, the product tanker Nord Vision...
The DCN Weekly: Episode 57

The DCN Weekly: Episode 56

1 min read
THE FEDERAL government officially declared an offshore wind zone off the Hunter coast this past week, during a visit to Newcastle....
The DCN Weekly: Episode 56

World Container Index posts uptick

1 min read
DREWRY’S composite World Container Index increased by 0.9% this past week to US$1488.13 per 40-foot container. However, compared with the same week in 2022, the index has dropped...
World Container Index posts uptick

Global demurrage and detention charges on the decline: report

3 mins read
AVERAGE demurrage and detention charges have seen a year-on-year decline of 25%, according to the annual Demurrage and Detention Charges Benchmark Report 2023, published by...
Global demurrage and detention charges on the decline: report

DCN Magazine July 2023 edition: Feature Focus – Liner trades to SE Asia

0 mins read
The July 2023 edition of the DCN magazine is now available to read online! In this edition our main features are: Liner trades to SE Asia & Indian Subcontinent – The global...
DCN Magazine July 2023 edition: Feature Focus – Liner trades to SE Asia

WCI continues steady decline

1 min read
THE WORLD Container Index decreased by 1.3% this past week to $1474.32 per 40-foot container. The index and has dropped by 79.1% when compared with the same week last year. The...
WCI continues steady decline

Baltic Exchange weekly report

10 mins read
THE BALTIC Dry Index ended last week at 1009. This was down 5.5% on Monday’s index, but up from a low of 993 on Thursday. The Baltic Dry Index for the week ending 7 July 2023....
Baltic Exchange weekly report

The DCN Weekly: Episode 55

1 min read
IN THE news this week, a new chair and board members were appointed to the Australian Maritime Safety Authority board....
The DCN Weekly: Episode 55

Vale David Shennan

6 mins read
DAVID Shennan – a well-known figure in the maritime industry in Victoria, Australia and the UK – died on Tuesday, 4 July of cancer, six months on from his diagnosis. He was 71. A...
Vale David Shennan

MARITIME HISTORY: The Sumatra disaster

8 mins read
Two bodies washed up on a New South Wales beach in July 1923, confirming the loss of a missing steamer and its complement AN ISLAND steamer vanished off the coast of New South...
MARITIME HISTORY: The Sumatra disaster

WOMEN IN MARITIME: Mentoring the future

5 mins read
Mentoring provides an understanding of career pathways and role opportunities and it also is an essential component in fostering diversity in the maritime industry, Jeanine...
WOMEN IN MARITIME: Mentoring the future