Change of leadership at DP World Oceania – Adam out, Noes in
NICOLAJ Noes is the new executive vice-president of DP World’s Oceania business. Mr Noes succeeds Andrew Adam, who DP World said had “left the organisation to pursue other...
Profits up and volumes down at Port of Tauranga
PORT of Tauranga has reported an increase in revenue and profit for the 2023 financial year despite cargo volumes falling in the second half. The North Island port posted a group...
The DCN Weekly: Episode 62
IN THE news this week, pilots at the port of Brisbane called off a strike against their employer Poseidon Sea Pilots....
Incat Tasmania builds "world's largest" battery electric ship
INCAT Tasmania is building what it claims is the world’s largest lightweight battery electric ship. The Australian shipbuilder is constructing the 130-metre-long ro-pax vessel for...
Approval withdrawn from Nuyina's Tasman Bridge transit
TASPORTS has withdrawn its conditional approval for icebreaker Nuyina to sail under the Tasman Bridge to refuel in Hobart. A non-standard vessel assessment has found the...
Baltic Exchange weekly report
THE BALTIC Dry Index declined this past week from a peak in the previous week. The index rounded out the week at 1080 on 25 August. This was a decline of 13% on the previous...
World Container Index decreases
THE DREWRY World Container Index decreased by 3.5% to $1768.33 per 40-foot this past week week. It has dropped by 70.5% when compared with the same week last year. The latest...
The season of the stink (bug)
BROWN marmorated stink bug season is once again upon us for 2023-24. On 1 September seasonal measures aimed at mitigating the biosecurity risks of the BMSB will come into force....
AMSA bans bulker for 12 months
THE AUSTRALIAN Maritime Safety Authority (AMSA) has banned the Liberian-flagged bulk carrier MSXT Emily (IMO 9929302) from Australian waters for one year, after finding apparent...
Qube posts "strong" set of results for FY23
QUBE has reported an increase in earnings and revenue for the 2023 financial year, driven largely by high volumes in its logistics business. The company reported a full-year...
Empty container park trial highlights benefits of automation
A REPORT from the Department of Transport and Container Transport Alliance Australia found higher automation at empty container parks could boost truck turnaround times by 32%....
New SeaSwift vessel to arrive in October
NORTHERN Australia shipping specialist SeaSwift is to receive a new vessel in October. The purpose-built Newcastle Bay II is due to arrive at Cairns in October after successful...
MOL and Aussie institutes partner on CO2 shipping project
MITSUI O.S.K. Lines is one of three Japanese companies to have partnered with Australian research institutes to study the bulk transport of carbon dioxide by ship. MOL, Low...
Qantas Freight revenues fall in FY23; still well above pre-Covid levels
QANTAS posted its first full year statutory profit since the 2019 financial year. The company reported an underlying profit before tax of $2.47 billion and an after-tax profit of...
WiseTech posts big revenue growth in FY23
WISETECH Global saw increases in revenue and profit in the 2022-23 financial year. The company’s total revenue for the 12 months ended 30 June was $816.8 million, up 29% on...
