News
World Container Index decreases yet again
DREWRY’S composite World Container Index decreased by 2% to US$1859.28 per 40-foot container last week. The index is down 80% compared with the same week last year. The latest...
Baltic Exchange weekly market report
THE BALTIC Dry Index saw a sharp uptick over the past week, hitting 1211 on Friday, up from 883 a week before. Friday’s BDI was the highest point since early January, and 128% up...
MARITIME COUNTRY PROFILE: Norway
From Vikings to hydrogen exports, Norway’s maritime history is just as exciting as its future NORWAY'S maritime identity is rooted in seafaring traditions. With one of the longest...
MARITIME HISTORY: The wreck of the Mindini
The Australian steamer Mindini ran aground a century ago, followed by a multi-ship effort to bring the passengers and crew home THE Daily Commercial News reported the wreckage of...
The DCN Weekly: Episode 36
THE PRIME Minister visited Port Hedland this week to announce a $565-million investment for port upgrades in the Pilbara....
Baltic Exchange weekly market report
THE BALTIC Dry Index last week posted a turnaround from its months-long freefall. The index inched upward throughout last week to hit 883 on Friday. This was 64% above the end of...
The DCN Weekly: Episode 35
NEWCASTLE hosted the inaugural GreenPort Congress Oceania this week. https://open.spotify.com/episode/00Ml1oFS7hgY7xXusS2gzG?si=152eb7647b924eee Delegates from around the world...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued its decline last week, hitting a nadir of 530 on Thursday (16 February) before inching up to 538 on Friday – 11% down on a week prior. The Baltic...
MSC, others commit to eBLs
MSC announced it would transition to 100% use of standardised electronic bills of lading by 2030, with an intermediate target of 50% within five years. MSC CEO Soren Toft said he...
THE GRILL: Paul Damkjaer
Describe your role at IFCBAA. I’ve been chief executive officer since June 2017. I took over from industry stalwart Stephen Morris when it was still the Customs Brokers and...
Vale Harold Lewis
HAROLD Lewis, a former general secretary of the International Transport Workers’ Federation, has died. Dr Lewis began working with the ITF in 1955 as an editor and translator. He...
The DCN Weekly: Episode 34
PORT of Newcastle this week announced the establishment of an empty container park at its Mayfield site....
Baltic Exchange weekly market report
THE BALTIC Dry Index ended on 602 on Friday (10 February), down from 621 a week earlier. The sharp decline that started in late December appears to be softening. The Baltic Dry...
Adelaide January container throughput in line with last year
FULL container throughput at Port Adelaide in January saw very little change compared with the same month last year, according to the latest trade statistics from Flinders Ports....
The DCN Weekly: Episode 33
THIS week, the Australian Transport Safety Bureau released its report an incident aboard liquefied hydrogen carrier Suiso Frontier....
