Nine-month revenue, earnings and volumes up at ICTSI
INTERNATIONAL Container Terminal Services (ICTSI) has reported an EBITDA of US$1.11 billion for the first nine months of 2023, a 7% increase on the same period last year. Revenue...
New ship and port calls on trans-Tasman service
ANL is adding an additional vessel and three new port calls to its trans-Tasman service Tranztas (TTZ). ANL announced it would deploy the containership Palawan on the service and...
The DCN Weekly: Episode 73
A STRATEGIC Fleet Taskforce report was released to the public this week, along with the government's response to its recommendations....
Hapag-Lloyd profits down while volumes flat for first three quarters of 23
HAPAG-Lloyd’s results for the first three quarters of 2023 showed a decline in revenue, earnings and profits on the back of static volumes, due to what the company called a...
Qube reports first-quarter earnings growth
LOGISTICS company Qube reported earnings growth in the first quarter of this financial year, saying the quarter had been solid and consistent with guidance. In an ASX announcement...
Another weekly increase for the WCI
THE DREWRY World Container index posted a weekly increase of 7% this past week, hitting US$1504 per 40-foot container. However, the index has dropped by 46% when compared with the...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1643 –an increase of 12% on the previous Friday. Over the past week, the index increased before dipping slightly on Wednesday, but on...
Shipping photo exhibit unveiled at Port Kembla
A PHOTO exhibition celebrating the Illawarra’s port and maritime industry was officially unveiled in Port Kembla on Thursday. The outdoor installation comprises nine images of...
IATA reports uptick in air cargo demand
THE INTERNATIONAL Air Transport Association has reported an increase in air cargo demand in September. IATA said the increase shows that demand is continuing to recover in global...
Incat Tasmania reveals plans for battery-electric expansion
INCAT Tasmania plans to “revolutionise the world shipping industry” by delivering more battery electric ships from its Hobart shipyard. The Australian shipbuilder said it received...
QLD beef exports to China on the rise
THE VALUE of Queensland’s exports to China has risen significantly since China began easing restrictions on Australian trade, according to QLD premier Annastacia Palaszczuk. Ms...
NYK develops system to tackle Scope 3 emissions
NYK Line and has announced plans to launch a system to help measure and visualise Scope 3 emissions. NYK and digital services company NTT DATA signed a GHG emissions visualisation...
Tasmania's Antarctic sector set to grow: report
THE TASMANIAN government is anticipating growth in the state’s Antarctic sector through developments such as a proposed Antarctic and Science Precinct on the Hobart waterfront. A...
Wallenius Wilhelmsen ship bunkers biofuel in South Korea
WALLENIUS Wilhelmsen bunkered its first biofuel in South Korea as part of a trial of HSFO-Biofuel. At Masan Port, MV Torrens was the first WW vessel to bunker B30 HSFO-Biofuel in...
QLD port powers past 1m tonnes of throughput for the quarter
THROUGHPUT at the Port of Mackay topped 1 million tonnes for the first quarter of the 2023-24 financial year – a first for the port. Trade volumes through the port increased by...
