World Container Index declines
THE DREWRY World Container Index decreased by 2% to US$1469 per 40-foot container this past week and has dropped by 43% when compared with the same week last year. The latest WCI...
The DCN Weekly: Episode 74
IN THE news this past week, container terminal operator DP World was hit by a cyberattack. https://open.spotify.com/episode/3ZaT9gvajeDMRRAyDaFJJp?si=139e773098154b62 The company...
Energy efficiency measures can reduce underwater noise: report
MOST energy efficiency measures prescribed to the shipping industry can also reduce underwater noise, research from the University of Southampton has found. The new study...
New initiative aims to improve SAR information sharing
THE INTERNATIONAL Maritime Rescue Federation has launched an initiative developed to improve maritime SAR operations. The IMRF #SaferSAR initiative, funded by Lloyd’s Register...
Beveridge terminal survives infrastructure pipeline overhaul
THE BEVERIDGE Intermodal Terminal has withstood the infrastructure pipeline overhaul that cancelled 50 other infrastructure projects. National Intermodal, the company leading the...
Baltic Exchange weekly report
THE BALTIC Dry Index increased steadily over the past week, reaching 1820 on Friday (17 November). This was a 10.8% increase on the previous Friday’s index, and the highest point...
Third-quarter results show Zim in the red
ISRAELI ocean carrier Zim reported a third-quarter loss of US$2.27 billion compared with a net income of US$1.166 billion in the third quarter of 2022. The company’s revenues for...
SA Police find drugs on ship at Port Pirie
SOUTH Australia Police is investigating a significant amount of cocaine found on board a ship docked at Port Pirie. On Monday, 13 November 2023 crew from the ship contacted Port...
Fifty projects cut from infrastructure pipeline
THE FEDERAL government has cut 50 projects from the national infrastructure pipeline. Federal minister for infrastructure Catherine King on Thursday announced the government would...
SAL calls on minister to intervene in DP World industrial dispute
SHIPPING Australia has called on minister for employment and workplace relations Tony Burke to issue a ministerial declaration to stop the Maritime Union of Australia’s protected...
Minister says NSW has a unique opportunity to take action on freight
NEW South Wales minister for transport Jo Haylen said there is an opportunity for the state government to reform freight policy in the state. Speaking at Wednesday’s DCN...
NZ port tests cruise strategy
LYTTELTON Port Company has tested a new berthing strategy to help transport cruise passengers into the nearby city of Christchurch. The arrival of Royal Princess in the first week...
Federal government reviewing freight strategies: minister
MINISTER for infrastructure and transport Catherine King said the government is “undertaking a look at the freight and supply [chain] strategy”. The minister was speaking at the...
Volumes up while profit drops at Kimberley Ports
KIMBERLEY Ports Authority has reported a profit of $203,000 for the 2023 financial year, a 92% decrease from $2.6 million in 2022. The port authority had predicted a loss of $2.7...
PPA handles 63.3 million tonnes in October
PILBARA Ports handled a total throughput of 63.3 million tonnes in October, in line with volumes in the same month last year. The Port of Port Hedland achieved a monthly...
