Baltic Exchange weekly market report
THE BALTIC Dry Index has continued on its steep upward trajectory that started at its nadir in mid-February. On Friday, the BDI was 1424, an increase of 17.6% on the week before...
Port of Brisbane and QTLC host future freight energy hub event
PORT of Brisbane Pty Ltd and the Queensland Transport and Logistics Council (QTLC) have hosted a zero-emissions (ZE) vehicle ride day for port and logistics operators interested...
Brisbane container trade sees January slowdown
CONTAINER trade through the Port of Brisbane saw a slowdown in January. Over the month, the port handled a total of 114,631 TEU, a decrease of 13% on January 2022. However there...
Trucking platform steps in in wake of Scott’s collapse
AUSTRALIAN logistics road-freight platform Ofload said it is supporting former shippers, carrier sub-contractors and employees of Scott’s Refrigerated Logistics following the...
NYK to sell air freight division to ANA
NIPPON Yusen Kabushiki Kaisha announced this week that it would sell its air-cargo division, Nippon Cargo Airlines (NCA), to ANA. The shipping line said the “considerable...
DP World to implement new high-bay container storage system
DP WORLD has announced the first commercial use of its revolutionary Boxbay high-bay storage system at its terminal in Pusan, South Korea. A contract was signed on Wednesday...
Government says it would consider Section 11 exemption for Kimberley
A SPOKESPERSON for the Department of Infrastructure, Transport, Regional Development, Communications and the Arts told DCN the government is aware of and monitoring the flooding...
Regional logistics centre opens at Cairns Airport
A NEW logistics centre has opened at Cairns Airport. The 2400-square-metre facility houses large cold and freezer rooms, temperature-controlled spaces and ambient transit areas,...
Call for coastal shipping to aid flood-stricken Kimberley
“I’M calling on Minister King to urgently lodge a Section 11 exemption of the Coastal Trading Act 2012 to allow international carriers, who are at the ready, to bring in the...
Air-cargo demand declines in January
GLOBAL demand for air cargo fell 14.9% (measured in cargo tonne-kilometres) in January compared with the same month last year, according to the latest data from the International...
Shipping line signs decarbonisation agreement with miner
KAWASAKI Kisen Kaisha (K Line) has signed a memorandum of understanding with miner Anglo American to establish a working committee for collaborative research on decarbonisation. K...
Australia-India trade to be worth $45bn after agreement
BILATERAL trade between India and Australia will increase to $45 billion per year after the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA), but there ambitions...
MOL inks deal on study of clean fuel value chain
MITSUI O.S.K. Lines has signed a memorandum of understanding on building a “clean hydrogen and ammonia value chain” with the Electricity Generation Authority of Thailand,...
IMO welcomes high seas treaty
A TREATY to protect biodiversity in the world’s oceans has been moved closer to ratification, and the International Maritime Organization and the International Chamber of Shipping...
Industry marks International Women’s Day
INTERNATIONAL Women’s Day was marked around the maritime and logistics industry in yesterday. In Sydney, the Supply Chain and Logistics Association of Australia hosted its annual...
