MUA withdraws all industrial action at DP World terminals
DP WORLD and the Maritime Union of Australia have reached an in-principle agreement at the Fair Work Commission, bringing months of protected industrial action to an end. The...
Newcastle trade value drops 32% in 2023
PORT of Newcastle has reported a 32% decrease in trade value in 2023 despite an increase in yearly trade volumes. The port said a shift in weather and demand has had a...
Baltic Exchange Weekly Report - 2 February 2024
THE BALTIC Dry Index dipped slightly throughout this past week before increasing to 1407 on Friday (2 February). The Baltic Dry Index for the week ending 2 February 2024. Source:...
Bahijah saga continues as another shipment sails
SEVERAL hundred cattle were unloaded from the livestock carrier Bahijah in Fremantle on Friday night and the vessel sent back to sea for cleaning, with no decision made on plans...
Solid 2023 for DSV
GLOBAL transport and logistics giant DSV has reported 2023 results in line with expectations, despite gross profit and EBIT before special items dropping substantially compared to...
Drewry posts first WCI decrease in two months
DREWRY’S World Container Index decreased by 4% this past week, following eight consecutive week-on-week gains. The index landed at US$3824 per 40-foot container this past week. It...
ICS pitches zero emissions fund to IMO
THE INTERNATIONAL Chamber of Shipping has submitted what it characterises as a detailed, fit-for-purpose proposal to the International Maritime Organization for a Zero Emission...
THE GRILL: Ian Ackerman
Journalist Abby Williams sat down with outgoing DCN editor Ian Ackerman for a chat about memorable maritime stories, unusual band tours and his next adventure What does a day in...
MARITIME COUNTRY PROFILE: Israel
The strength of Israel’s maritime industry has been tested over many years of conflict, but the ongoing Israel-Hamas war is testing shipping and supply chains ISRAEL’S borders...
ONE revenue plunges in Q3
OCEAN Network Express has reported a 46% decrease in revenue for the third quarter of 2023. The carrier’s third-quarter EBITDA dropped 94% compared with the same reporting period...
Air cargo demand surges in December amid Red Sea disruptions
GLOBAL air cargo demand rebounded in 2023, according to new data from the International Air Transport Association. IATA reported a particularly strong fourth quarter performance...
Qube goes off-grid in Bunbury
QUBE is taking its Picton facilities in Bunbury entirely off grid. The ASX-listed logistics company on Tuesday (30 January) announced a “significant investment” in solar energy....
Westwood rebrands as Swire Shipping
WESTWOOD Shipping Lines is changing its name to Swire Shipping, effective 1 February 2024. Swire Shipping acquired the niche vessel operator in June 2022 through its affiliate...
WOMEN IN MARITIME: The climb to success
AS THE clock struck midnight on New Year’s Eve, it was not just a time to bid farewell to the old but also an opportunity to welcome the new. For women involved in maritime...
Sick LNG carrier cost APLNG cargoes
ELECTRO-mechanical problems that saw an LNG carrier block a key Gladstone export berth for over a week last November cost the Asia Pacific LNG consortium sales of three cargoes...
