News
Keel laid for Young Endeavour II
CONSTRUCTION of the sail training ship Young Endeavour II has officially begun at the Birdon shipyard at Port Macquarie. A keel-laying ceremony marked the occasion in the...
ARTC freight line shutdown for $45m track upgrade
THE AUSTRALIAN Rail Track Corporation has announced a rail shutdown as it works on a $45 million freight line upgrade in New South Wales. Throughout August, ARTC will be carrying...
ONE profit plummets in FY2023 first quarter
OCEAN Network Express has reported a “significant” decline in profits for the first quarter of the 2023 financial year. ONE posted a profit of US$513 million, down 91% from the...
DCN Magazine August 2023 edition: Feature Focus – diversity and inclusion
The August 2023 edition of the DCN magazine is now available to read online! In this edition our main features are: Diversity & inclusion – Reframing roles to transform the...
"Unnecessary costs" of tariff system do not protect domestic industry: PC
GOVERNMENT assistance to Australian industry rose to $13.8 billion in 2021-22, according to a new report from the Productivity Commission. The commission’s Trade and assistance...
WA and energy consortium talk Geraldton ammonia plant
THE WESTERN Australian government has commenced negotiations with a South Korean renewable energy consortium to build a green ammonia plant near Geraldton. Energy systems...
Fremantle Highway towed ahead of salvage operation
THE fire-ravaged ro-ro vessel Fremantle Highway has been towed away from shipping lanes as part of an operation to salvage the ship. It has been almost a week since a fire broke...
Bulker detained in NZ after losing rudder
MARITIME NZ has detained the vessel Achilles Bulker after it lost its rudder and suffered a steering failure in a Tauranga channel. The Panama-flagged bulk carrier (IMO 9270907)...
Plan for hydrogen facility on Tiwi Islands progressing
PROVARIS is moving ahead with its plan to build green hydrogen production and export infrastructure in the Tiwi Islands. The company said the project would export up to 90,000...
Indonesia pauses import of Australian cattle from certain facilities
INDONESIA has paused exports from four Australian facilities after cases of lumpy skin disease (LSD) were detected in animals from Australia. In a statement, chief veterinary...
Botany container trade dips in June
PORT Botany saw a 10.4% decrease in total container throughput in June, when compared with the same month last year. The port handled a total of 214,628 TEU in June 2023 – down...
PacTow and QLD marine contractor partner on PNG port upgrades
PACIFIC Towing is helping Queensland’s Pacific Marine Group upgrade a port in Papua New Guinea as part of an infrastructure program funded by the PNG and Australian governments....
Second-quarter profit and revenue tumble at CMA CGM
CMA CGM posted decreases in revenue and EBITDA in the second quarter of 2023, attributing the results to “difficult” market conditions. Revenue fell 36.9% compared with the second...
New details suggest 500 electric cars on Fremantle Highway
NEW reports on the Fremantle Highway incident suggest there were 3783 vehicles on board the ro-ro vessel – including 498 electric vehicles – when a fire broke out last week. The...
New Infrastructure Australia CEO announced
THE AUSTRALIAN government on Monday announced Adam Copp as the new chief executive officer of Infrastructure Australia. IA is an independent body that conducts research and...
