News
Tassie container volumes increase
TASPORTS has reported a drop in total cargo volumes for the first quarter of the 2024 financial year, but an increase in container volumes. The ports in the TasPorts network...
DP World terminals resume operations after cyberattack (updated)
OPERATIONS at DP World’s Australia terminals are resuming after its IT systems were shut down, crippling throughput at the terminals after a cyberattack on Friday. Landside...
CMA CGM’s Q3 results reflect downturn in container shipping
FRENCH ocean carrier CMA CGM reported significant downturns in revenues, driven in large part by tumbling revenues from its shipping division. The company said its shipping...
QLD avos bound for China
AVOCADOS Australia and China Entry-Exit Inspection and Quarantine Association have signed an MOU in Beijing to work towards facilitating market access to China for Queensland...
Cyberattacks: the marine insurance perspective
By Maurice Lynch and Jason Symons, partners, Mills Oakley Australia is amid a tumultuous period of cyber upheaval. Last weekend, another large Australian business was exposed to a...
Achievements celebrated SCLAA awards
MORE than 470 guests met at the Australian Supply Chain and Logistics Awards on Friday night to celebrate the sector’s many achievements throughout 2023. The Supply Chain and...
DP World terminals impacted in “cybersecurity incident”, company working to restore operations
A "CYBERSECURITY incident" has impacted operations at container terminal operator DP World's Australian operations. The company said it is working “around the clock” to restore...
Nine-month revenue, earnings and volumes up at ICTSI
INTERNATIONAL Container Terminal Services (ICTSI) has reported an EBITDA of US$1.11 billion for the first nine months of 2023, a 7% increase on the same period last year. Revenue...
New ship and port calls on trans-Tasman service
ANL is adding an additional vessel and three new port calls to its trans-Tasman service Tranztas (TTZ). ANL announced it would deploy the containership Palawan on the service and...
The DCN Weekly: Episode 73
A STRATEGIC Fleet Taskforce report was released to the public this week, along with the government's response to its recommendations....
Hapag-Lloyd profits down while volumes flat for first three quarters of 23
HAPAG-Lloyd’s results for the first three quarters of 2023 showed a decline in revenue, earnings and profits on the back of static volumes, due to what the company called a...
Qube reports first-quarter earnings growth
LOGISTICS company Qube reported earnings growth in the first quarter of this financial year, saying the quarter had been solid and consistent with guidance. In an ASX announcement...
World Container Index – 9 November 2023
THE DREWRY World Container index posted a weekly increase of 7% this past week, hitting US$1504 per 40-foot container. However, the index has dropped by 46% when compared with the...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1643 –an increase of 12% on the previous Friday. Over the past week, the index increased before dipping slightly on Wednesday, but on...
Shipping photo exhibit unveiled at Port Kembla
A PHOTO exhibition celebrating the Illawarra’s port and maritime industry was officially unveiled in Port Kembla on Thursday. The outdoor installation comprises nine images of...
