Wellard reports FY net loss of more than US$15 million
LIVESTOCK shipping company Wellard’s financial results for the 2023 financial year make for some grim reading. The company reported a net loss for that year of US$15.5 million –...
New DNV guidelines to validate hydrogen and ammonia claims
CLASSIFICATION society DNV has released new guidelines for validating claims around low-carbon hydrogen and ammonia. Service specification DNV-SE-0654 outlines DNV’s procedures...
Freight industry golf day raises $50k for charity
THE FREIGHT industry in Victoria got together on Friday 25 August for the first Friedreich's Ataxia Charity Golf Day since 2019. The event began in 2012 as a fundraiser to support...
NZ port welcomes new director
CENTREPORT Wellington has appointed Jason McDonald as the port’s director. Mr McDonald will formally step into his position on the board on 1 September 2023. Lachie Johnstone,...
Lindsay posts record revenue and profit in FY23
LINDSAY Australia said it achieved record revenue, profit and dividends for the full year ending 30 June 2023. The company’s full year operating revenue of $676.2 million in the...
Melbourne sees July dip in container throughput
PORT of Melbourne reported a 3.5% decrease in total container throughput in July, when compared with the same month last year. The port said full container imports, not including...
Cruise ship Covid protocols scrapped ahead of busy season
NEW South Wales premier Chris Minns has scrapped remaining Covid mandates for the cruise sector. The Eastern Seaboard and Western Australian Cruise Protocols were introduced in...
WA green hydrogen hub one step closer
BP has completed a study into its proposed H2Kwinana energy hub in Western Australia. The large-scale green hydrogen hub H2Kwinana, would be aimed at providing a renewable...
Profit up at Dalrymple Bay Infrastructure as CEO steps down
DALRYMPLE Bay Infrastructure has announced a spike in profit for the first half of 2023, and the departure of its CEO. ASX-listed DBI manages the Dalrymple Bay Coal Terminal at...
Change of leadership at DP World Oceania – Adam out, Noes in
NICOLAJ Noes is the new executive vice-president of DP World’s Oceania business. Mr Noes succeeds Andrew Adam, who DP World said had “left the organisation to pursue other...
Profits up and volumes down at Port of Tauranga
PORT of Tauranga has reported an increase in revenue and profit for the 2023 financial year despite cargo volumes falling in the second half. The North Island port posted a group...
The DCN Weekly: Episode 62
IN THE news this week, pilots at the port of Brisbane called off a strike against their employer Poseidon Sea Pilots....
Incat Tasmania builds "world's largest" battery electric ship
INCAT Tasmania is building what it claims is the world’s largest lightweight battery electric ship. The Australian shipbuilder is constructing the 130-metre-long ro-pax vessel for...
Approval withdrawn from Nuyina's Tasman Bridge transit
TASPORTS has withdrawn its conditional approval for icebreaker Nuyina to sail under the Tasman Bridge to refuel in Hobart. A non-standard vessel assessment has found the...
Baltic Exchange weekly report
THE BALTIC Dry Index declined this past week from a peak in the previous week. The index rounded out the week at 1080 on 25 August. This was a decline of 13% on the previous...
