News


ICS launches diversity toolkit for maritime

3 mins read
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...
ICS launches diversity toolkit for maritime

The DCN Weekly: Episode 31

1 min read
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....
The DCN Weekly: Episode 31

Baltic Exchange weekly market report

9 mins read
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...
Baltic Exchange weekly market report

Zero-tariff rate for lentil imports to India extended

2 mins read
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...
Zero-tariff rate for lentil imports to India extended

Fraud is major threat to cargo: Insurer

3 mins read
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...
Fraud is major threat to cargo: Insurer

The DCN Weekly: Episode 30

1 min read
THE BIGGEST story this week was the release of the Productivity Commission's final report on Australia's maritime logistics system....
The DCN Weekly: Episode 30

Baltic Exchange weekly market report

10 mins read
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%...
Baltic Exchange weekly market report

Human Rights at Sea granted consultative status at UN

1 min read
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...
Human Rights at Sea granted consultative status at UN

Vale Joe Crumlin

2 mins read
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...
Vale Joe Crumlin

MPV sector looks to a relatively bright 2023: Drewry

2 mins read
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...
MPV sector looks to a relatively bright 2023: Drewry

DCN Magazine January 2023 edition: Feature Focus – LNG & offshore

0 mins read
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;...
DCN Magazine January 2023 edition: Feature Focus – LNG & offshore

The DCN Weekly: Episode 29

1 min read
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...
The DCN Weekly: Episode 29

Baltic Exchange weekly market report

9 mins read
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...
Baltic Exchange weekly market report

Port upgrades firewater system

4 mins read
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...
Port upgrades firewater system

Merry Christmas and happy New Year to all our readers

1 min read
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...
Merry Christmas and happy New Year to all our readers