Baltic Exchange weekly report
THE BALTIC Dry Index declined slightly last week to 1065. This was a decline of 1.4% on the previous Friday’s index of 1080. Capesize The Capesize market observed a shortened...
Chevron LNG workers give notice of industrial action
WORKERS at two LNG complexes have given notice of industrial action, which will start next week. According to reports, the two sites, Wheatstone and Gorgon, account for 5% of...
NYK to study liquefied CO2 transport
A CONSORTIUM of energy companies commissioned NYK to conduct a study on the marine transportation of liquefied carbon dioxide. The consortium comprises Japanese petroleum firm...
Melbourne sees July dip in container throughput
PORT of Melbourne reported a 3.5% decrease in total container throughput in July, when compared with the same month last year. The port said full container imports, not including...
The DCN Weekly: Episode 62
IN THE news this week, pilots at the port of Brisbane called off a strike against their employer Poseidon Sea Pilots....
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...
