News
ICS launches diversity toolkit for maritime
THE INTERNATIONAL Chamber of Shipping has published its first publication on diversity and inclusion in the maritime industry to aid businesses and organisations with best...
The DCN Weekly: Episode 31
IN the news this week, Australian Independent Shipbrokers was appointed broker in the sale of Yangtze Fortune, a livestock carrier abandoned off the cost of Victoria....
Baltic Exchange weekly market report
THE Baltic Dry Index fell off a cliff this past week, falling to 763 on Friday (20 January). This was a decrease of 19% on the previous Friday (when it was 946) and a decrease of...
Zero-tariff rate for lentil imports to India extended
ON 29 December last year, India extended its zero-tariff on lentils through 31 March 2024, a move unrelated to the just-implemented Australia-India Economic Cooperation and Trade...
Fraud is major threat to cargo: Insurer
THE almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within the complexities of the global...
The DCN Weekly: Episode 30
THE BIGGEST story this week was the release of the Productivity Commission's final report on Australia's maritime logistics system....
Baltic Exchange weekly market report
THE BALTIC Dry Index continued its tumble last week, hitting on Friday the lowest point in more than a year. The index on Friday (13 January) was 946. This was a decline of 45%...
Human Rights at Sea granted consultative status at UN
THE UNITED Nations Economic and Social Council has granted Human Rights at Sea special consultative status. The UN Economic and Social Council (UN ECOSOC) aims to advance...
Vale Joe Crumlin
JOE Crumlin, a seafarer and trade unionist, died on Monday this week. MUA national secretary Paddy Crumlin, who is Joe Crumlin’s son, described his father as “a legend on the...
MPV sector looks to a relatively bright 2023: Drewry
MULTIPURPOSE vessel rates are expected to soften through the coming year, but the rate of decline is expected to be less than in competing sectors such as containerships and...
DCN Magazine January 2023 edition: Feature Focus – LNG & offshore
The January 2023 edition of the DCN magazine is now available to read online! In this edition our main features are: LNG & offshore - Change is ahead for LNG and offshore sectors;...
The DCN Weekly: Episode 29
THIS week was a sleepy week, but several stories rose to the surface and demanded attention. Firstly, there was the saga of the cruise ship Viking Orion. Biofouling was discovered...
Baltic Exchange weekly market report
THE BALTIC Dry Index continued a steep decline this past week, hitting 1130 on Friday. The decline began after the index saw a peak of 1723 on 21 December; it has declined every...
Port upgrades firewater system
AN UPGRADE and replacement of the firewater system on Port Taranaki’s Newton King Tanker Terminal (NKTT) has been completed. The New Zealand port said it would help protect and...
Merry Christmas and happy New Year to all our readers
AS 2022 draws to a close all of us here on the DCN news desk would like to wish our readers a merry Christmas and a safe, happy and prosperous New Year. We hope the coming weeks...
