News
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....
World container Index inches up again
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...
Baltic Exchange weekly report
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...
World Container Index increases second week in a row
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...
The DCN Weekly: Episode 57
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 56
THE FEDERAL government officially declared an offshore wind zone off the Hunter coast this past week, during a visit to Newcastle....
World Container Index posts uptick
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...
Global demurrage and detention charges on the decline: report
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...
DCN Magazine July 2023 edition: Feature Focus – Liner trades to SE Asia
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...
WCI continues steady decline
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...
Baltic Exchange weekly report
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....
