ONE releases financial results for first quarter 2024
OCEAN Network Express has released its financial results for the first quarter of Japan’s 2024 financial year (April to June). Revenue for the first quarter was up 12% against the...
Baltic Exchange weekly report
THE BALTIC Dry Index ended the week at 1675 (Friday 2 August). It was an uptick from the 1668 on Thursday but a notable decrease from 1808 on the previous Friday (26 July). The...
Australia's first hyperbaric common user facility open for business
AUSTRALIA’S first deepwater hyperbaric common user facility opened its doors this week (31 July). The facility, operated by Matrix Composites and Engineering, is part of the...
ITF week of action singles out cruise ships, offshore oil and gas
EXPEDITION cruise ships and offshore oil and gas industries were among vessels the International Transport Workers Federation Inspectorate claims have underpaid seafarers an...
Louis Dreyfus has green light to cotton on
COMMODITY giant Louis Dreyfus’s bid for Namoi Cotton can proceed following the ACCC’s acceptance of a court-enforceable divestiture undertaking. The Louis Dreyfus Company B.V. and...
MILESTONES: Port of Brisbane farewells Peter Keyte
PORT of Brisbane chief operating officer Peter Keyte recently stepped back after 20 years in the business and a further 22 years in the industry before that. Mr Keyte joined the...
THE GRILL: Ricky Rouse
DCN sat down with Newcastle-based marine pilot Ricky Rouse for a chat about his life in maritime so far, adventures from Muscat to Mascot, and family life You are originally from...
Australia and NZ to collaborate on green trade
AUSTRALIA AND New Zealand plan to work together to unlock potential economic opportunities as the transition to clean energy accelerates, including through work to develop green...
Indonesian lunch policy presents opportunities for Australian growers
THE AUSTRALIAN government is examining trade opportunities with Indonesia aimed at taking advantage of a scheme aimed at feeding school children. A key policy for President-elect,...
Challenges for open trading system, analyst warns
FOREIGN policy analyst Rory Medcalf has warned that restoring an open trading environment is likely to be difficult, as nations reassert sovereign power. In recent years, the...
MILESTONES: Mick Kinley retirement an end of an era
AT THE end of September, the Australian Maritime Safety Authority will farewell CEO Mick Kinley – a leader and luminary who has been with the national maritime regulator for 30...
WSC advances Green Balance Mechanism proposal
THE WORLD Shipping Council has yesterday (31 July) announced further development for its Green Balance Mechanism, a regulatory proposal designed to ensure shipping meets net-zero...
Spirit of Tasmania to relocate to new Devonport terminal
FERRY Operator Spirit of Tasmania has announced it has signed a contract to relocate its Devonport base of operations to a new terminal. The contract was signed between Spirit of...
Green ammonia for COSCO Shipping in Fortescue deal
FORTESCUE and COSCO Shipping will work together to collaborate on converting the COSCO fleet to green ammonia. The two companies have signed a non-binding memorandum of...
Industry ready for deregulated port environment as GTA chair calls for change
GRAIN Trade Australia chair Andrew Goyder says the Australian Wheat Port Code is no longer “fit for purpose”, arguing consumers and other stakeholders have nothing to fear from a...
