Importers and exporters lose when infrastructure is treated as a cash machine: Sims
ROD Sims, the former ACCC chair and now a professor at the Crawford School of Public Policy at ANU, said importers and exporters lose out when governments treat infrastructure as...
Shipping lines join forces with power company on ammonia study
MITSUI O.S.K. Lines, NYK Line and Japanese power generation company Jera are launching a joint study on transporting ammonia as a fuel. The two shipping companies signed a...
Hydrogen export project in Tiwi Islands progresses
PROVARIS’ project in the Tiwi Islands to develop a hydrogen production and export facility has advanced with several appointments across key workstreams. The company said the...
TasPorts and Spirit of Tasmania sign QuayLink construction charter
TASPORTS and Spirit of Tasmania have signed a charter agreement for environmental responsibilities during construction of the Devonport East QuayLink project. The parties entered...
Spirit Super and Stonepeak to acquire GeelongPort
AUSTRALIAN super fund Spirit Super and US investment firm Stonepeak have agreed to acquire GeelongPort. Spirit Super and Stonepeak signed the definitive agreement on Sunday (20...
Maersk Line and Hope Hicks settle sexual assault case
MAERSK Line and former midshipman Hope Hicks have resolved Ms Hick’s litigation case against the company for sexual assault and harassment on one of its ships. Ms Hicks brought a...
Shipping line to bolster Australia-Pacific Islands service
SWIRE Shipping is bolstering its services between Australia and the Pacific Islands. The company is to phase the Melanesian Chief into the service from mid-December. The vessel is...
Port of Newcastle cranes load first containership
PORT of Newcastle has, for the first time, used its two new mobile harbour cranes to load a containership. Port of Newcastle bought the Liebherr LH 550 mobile harbour cranes in...
Direct shipping between Tasmania and NZ begins
A DIRECT shipping service between Tasmania and New Zealand commenced last week. The launch of the new service was marked as general cargo vessel Muntgracht received the first...
Ports corporation launches mental health strategy
GLADSTONE Ports Corporation has this week launched its first mental health strategy. GPC health and wellbeing superintendent Sandy Dunne said the launch was the culmination of...
Fair Work Commission suspends Svitzer industrial action
THE FAIR Work Commission has today suspended Svitzer’s lockout of its maritime employees for six months. During this time neither the unions nor the company can take protected...
The DCN Weekly: Episode 24
On Friday this week, the Fair Work Commission issued an order suspending Svitzer's lockout of its maritime employees, along with all industrial action by the company and unions...
New infrastructure completed at QLD port
NORTH Queensland Bulk Ports Corporation has completed major infrastructure works at the Port of Mackay. The port’s Wharf Five now has a new $4-million western approach deck. Wharf...
Baltic Exchange weekly market report
THE BALTIC Dry Index fell further this past week. It started at 1325 on Monday (14 November) and ended the week at 1189 on Friday (18 November). The Baltic Dry Index for the week...
World Container Index continues to plummet
DREWRY’S composite World Container Index decreased by 7% this to US$2591.41 per 40-foot container. This was the 38th consecutive weekly decrease. The index has dropped by 72% when...
