News
Port of Melbourne ranks first in GRESB infrastructure asset assessment
PORT of Melbourne has ranked first among Australian and international ports in the 2023 Global Real Estate Sustainability Benchmark infrastructure asset assessment. The port also...
Incat Crowther-designed ferry launched in Caribbean
A FERRY designed by Sydney-based marine engineering company Incat Crowther is now operating in the Caribbean. Incat Crowther designed the new 41-metre catamaran for Island Ferries...
DP World raises US$1.5 billion for sustainability ambitions
DP WORLD has raised US$1.5 billion through a green sukuk to support its decarbonisation efforts. A sukuk is a financial certificate that is essentially a bond that is compliant...
Report names Australia most favourable country for hydrogen production
AN INDEPENDENT study in Europe has identified Australia as one of the two most favourable countries for green hydrogen production. Australia and Brazil were highlighted for their...
Vale Peter Clive Cannon
IT is with great sadness that we report the passing of a giant and pioneer of the port industry. Peter C. Cannon from Sydney Australia passed away on 8 August 2023, just a few...
OOCL names new 24,188 TEU containership
OOCL has welcomed its newest 24,188-TEU containership with a naming ceremony in China. The newbuild, named OOCL Gdynia, is the sixth of 12 new vessels of its size the company...
Inland Rail section nears phase-one completion
MAJOR construction of the Inland Rail’s Narrabri to North Star Phase 1 section is on track for completion at the end of October. The section between Camurra and North Star in NSW...
Biosecurity funding model raises $97 million from importers in three months
THE SUSTAINABLE Biosecurity Funding model announced in May this year has collected an additional $11.3 million in fees and charges from importers in three months. Federal minister...
World's first LNG-fuelled Panamax bulker begins operation
THE WORLD’s first LNG-fuelled Panamax coal carrier has commenced operation and, according to AIS data, is now on its way to Newcastle. The 235-metre LOA, 59,233 DWT vessel Shoyo...
WA taskforce calls for broad coastal shipping reforms
WESTERN Australia’s Shipping and Supply Chain Taskforce has recommended policy and regulatory reforms to support Australian-owned shipping lines competing in domestic sea-freight...
Investigation launched into Corsair grounding
AN INVESTIGATION has opened into the recent grounding of pilot vessel Corsair at Port Phillip Heads. Victoria’s Chief Investigator, Transport Safety (CTIS) is investigating the...
World Container Index lowest for three years
THE DREWRY World Container Index has decreased by 1.5% to US$1369.06 this past week. The composite index and has dropped by 60.7% when compared with the same week last year. The...
Piracy incidents rise in Gulf of Guinea and Singapore Straits
THE ICC International Maritime Bureau has reported a rise in piracy incidents in the Gulf of Guinea and concerns for the Singapore Straits. IMB’s January-September piracy report...
The DCN Weekly: Episode 69
IN THE news this past week, pilot vessel Corsair grounded and broke up at the entrance to Port Phillip Heads in Victoria....
Maersk to roll out Starlink on ocean fleet
MAERSK has signed a deal to roll out Starlink’s satellite internet across its ocean fleet. Starlink is a highspeed satellite internet constellation developed by SpaceX. It was...
