News
Ministers meet for trans-Tasman trade talks
FEDERAL minister for trade Don Farrell hosted his New Zealand counterpart on Friday to discuss the next stage of collaboration under the Closer Economic Relations (CER) agreement....
Hapag-Lloyd profit tumbles in H1
HAPAG-LLOYD’S profit fell 66% in the first half of this year and almost 78% in the second quarter. The company’s first-half profit dropped from US$9.5 billion last year to US$3.1...
World Container Index inches up again
THE LATEST Drewry World Container Index increased by 1.7% to US$1790.60 per 40-foot container this past week. The WCI and has dropped by 72.2% when compared with the same week...
MOL to crew and operate Japan's first arctic research icebreaker
TWO MOL subsidiaries have been chosen to supply crew for Japan’s first arctic research icebreaker and operate the vessel once it is delivered. MOL Ship Management and MOL Marine &...
The DCN Weekly: Episode 60
IN THE news this week, Silk Logistics acquired port and bulk logistics provider Secon in a deal announced last Friday....
Panama shipowners association joins ICS
THE ASSOCIATION of Panamanian Shipowners (ARPA) has joined the International Chamber of Shipping as an associate member. Shipowners and vessel operators launched ARPA in 2020 with...
Sydney man jailed over air-freight meth bust
A SYDNEY man has been sentenced for his role in a plot to import 15.3 kilograms of methamphetamine into Australia in air cargo. The man, 33, became the suspect of a 2021...
Government awards grant to boost Aussie veg sales in Europe
THE AUSTRALIAN government has announced a grant to improve market access for Australian vegetables in Europe. The government awarded Australia’s peak body for vegetable growers,...
Airline increases flight frequency, and cargo capacity, to QLD
CATHAY Pacific is increasing its direct services between Hong Kong and Brisbane from four to six per week. According to a statement from the Queensland government, the extra...
China reinstates CBH and Emerald Grain barley imports
CHINA has re-registered CBH Grain and Emerald Grain Australia as barley exporters, enabling both companies to immediately re-commence trade with China. The Australian government...
ARA launches strategy to increase numbers of women in rail
THE AUSTRALASIAN Railway Association on Thursday (9 August) released its three-year Women in Rail strategy aimed at increasing female participation in the industry to help ensure...
Transport minister talks freight transformation at SAL luncheon
NSW transport minister Jo Haylen shared her vision for a less fragmented freight system during her presentation at Shipping Australia’s NSW Parliamentary Luncheon. Ms Haylen...
Reefer trades resilient in tough times: Drewry
REEFER container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in reefer seaborne trade last year, according to maritime...
Incat Crowther crew boat launched
INCAT Crowther has announced the launch of the first of three new crew boats built for operation in Qatar. The Australia-headquartered company designed the vessels for Nakilat...
OOCL receives its fourth 24,188-TEU containership
ORIENT Overseas Container Line this week received its fourth new 24,188-TEU containership. OOCL Felixstowe was officially named at a ceremony on 8 August at the Dalian COSCO KHI...
