WA budget commits $136m to ports
WESTERN Australian ports are to receive almost $136 million in new funding under the 2023-24 state budget. The funding targets several projects across the state’s ports, with an...
Baltic Exchange weekly market report
THE BALTIC Dry Index last week declined slightly after a mid-week peak. The index started the week at 1598, increased to the mid 1600s before ending the week at 1558 on Friday (12...
Containership loses power off NZ
A CONTAINERSHIP lost power off New Zealand’s South Island on Friday, almost prompting an abandon-ship. Twenty-four crew were aboard Singapore-flagged Shiling (IMO: 9290452) when...
Decrease in world container index
DREWRY’S composite World Container Index decreased by 1% last week to $1741.44 per 40-foot container this week. The index has dropped by 77% when compared with the same week last...
PNG welcomes first gearless containership
PORT Moresby recently welcomed the first gearless vessel to call Papua New Guinea. Indonesian-flagged, gearless containership Meratus Samarinda called the port’s Motukea...
New leadership for the Sea Cargo Charter
THE 36 signatories of the Sea Cargo Charter Association elected new steering committee members at its 2023 annual meeting held in Copenhagen. The Sea Cargo Charter is a global...
IMO joins WHO for pandemic preparedness
THE INTERNATIONAL Maritime Organization is participating in global efforts led by the World Health Organization to better prepare for possible future disease pandemics. Before the...
Bad weather disrupts shipping at NZ port
HEAVY rainfall and flooding in New Zealand’s North Island disrupted shipping schedules at the port of Auckland this week. The New Zealand government declared a local state of...
GrainCorp volumes down in 1H23
GRAINCORP handled a total of 34.8 million tonnes of grain in the half year ending 31 March, an 8% decrease on the same period last year. GrainCorp operates in the ports of...
OPINION: Container cleanliness may be the next supply-chain disruptor
OVER many years container cleanliness and so-called hitchhiker pests have been issues in the container logistics industry. They have been bubbling away under the surface, with...
The biosecurity budget
BIOSECURITY is the name of the game in the 2023-24 federal budget. The government announced an expected increase in funding of more than $1 billion over four years to “strengthen...
GeelongPort grain business on track for record exports
RIORDAN Grain Services at GeelongPort is on track to export a record volume of grain this financial year, according to the port. GeelongPort said the business exported more than...
Inmarsat acquisition takes step forward
GLOBAL communications company Viasat is working to acquire Inmarsat, which provides global mobile satellite communications services. Inmarsat says it is working to enable the...
$39m investment in QLD shipyards
THE QUEENSLAND government has committed $39 million to upgrade shipyard facilities and infrastructure at the Cairns Marine Precinct. From that investment, $27 million has been...
DCN Magazine May 2023 edition: Feature Focus – tugs & towage
The May 2023 edition of the DCN magazine is now available to read online! In this edition our main features are: Tugs & towage – A focus on training in Australia’s towage sector;...
