ABARES forecasts ag sector rebound
THE AUSTRALIAN Bureau of Agricultural and Resource Economics and Sciences expects the value of the nation’s agriculture sector to rebound in 2024-25. The latest Agricultural...
Aussie-designed ferry deployed in Hong Kong
A NEW passenger ferry designed by Incat Crowther has entered service in Hong Kong. Xin Ming Xhu VIII was designed by the Australian marine engineering company and built by...
MOL acquires Fairfield Chemical Carriers
MOL Chemical Tankers has acquired Fairfield Chemical Carriers (FCC) and its fleet of stainless-steel tankers. The acquisition, valued at around US$400 million (about $615...
ATSB study flags theme in level-crossing collisions
AN ANALYSIS of 49 level-crossing collisions found obstructed views or failure to detect oncoming trains contributed to most accidents involving heavy vehicles. The stated goal of...
Profits increase at CentrePort
CENTREPORT Limited has ended the first half of the new financial year with a profit. The Wellington port company says it will have an unaudited underlying profit of $6.7 million...
Revenue and volumes up at ICTSI
INTERNATIONAL Container Terminal Services (ICTSI) has reported its revenue increased to US$2.39 billion in the 2023 financial year, a 6% increase from 2022. The terminal...
Cruise industry wants a part of Townsville
THE CRUISE industry in Townsville is booming – and it’s only going to get bigger. This week, the city will welcome a record four cruise ships in eight days, and the 4000 tourists...
Ketamine on the rise at Australia’s borders
AUTHORITIES last year seized 882 kilograms of ketamine at Australia’s borders, an amount more than double the 415 kilograms intercepted in 2022. Ketamine is a sedative that can...
Bulker Rubymar sinks in Red Sea
THE BULK carrier Rubymar has sunk in the southern Red Sea. Yemen’s Ansar Allah (also known as the Houthis) attacked the vessel with ballistic missiles almost two weeks ago,...
GrainCorp trains return to upgraded Inland Rail line
FOR the first time in more than six years a GrainCorp train has been able to use the Narrabri to North Star section of Inland Rail, north of Moree, to deliver canola to the Port...
Towage services determination for port of Melbourne
PORTS Victoria has announced a towage services determination for the waters of the port of Melbourne. Ports Vic issued Svitzer Australia with a non-exclusive licence, effective 1...
Access road can free up port congestion
CONSTRUCTION on the Turkey Point access road and bridge will start later this month and it could help drive trade opportunities at the Port of Bunbury. The Turkey Point access...
OPINION: Are sail-assisted ships an option or just a lot of hot air?
SAILING ships have, for centuries, facilitated trade and allowed explorers to conquer new continents. With the drive to minimise GHG emissions from ships there is renewed interest...
MARITIME HISTORY: Dismastings and other disasters
Shipping mishaps filled the pages of the DCN one hundred years ago, including one story that involved a mysterious message from a missing vessel IN MARCH 1924 the Daily Commercial...
CMA CGM completes Bolloré Logistics takeover
CMA CGM has bought 100% of Bolloré Logistics, the transport and logistics division of France-headquartered Bolloré Group. Negotiations for the €4.8-billion deal (about $8.5...
