News
New ship and rotation on trans-Tasman service
ANL has added a Sydney loop to its ANZ Shuttle service and a new containership to facilitate the rotation. The new trans-Tasman loop calls Tauranga, Brisbane and Sydney. The...
WA shipbuilder delivers third vessel under RAN contract
SHIPBUILDER Austal Australia has delivered the third of eight Cape-class patrol boats to the Royal Australian Navy. Austal built ADV Cape Naturaliste in Western Australia under a...
Sydney freight rail projects progress
THE AUSTRALIAN Rail Track Corporation has hit several milestones on its Port Botany Rail Line Duplication and the Cabramatta Loop projects. For the Port Botany project, ARTC...
Maersk working with Spain for large-scale green fuels production
THE SPANISH government and A.P. Moller - Maersk have signed a “general protocol for collaboration” to investigate opportunities for green fuels production at scale in Spain....
The DCN Weekly: Episode 22
THIS past week, unions have issued notices of protected industrial action on Svitzer tugboats almost every day....
Taskforce sets priorities for iron ore green corridor
AN INDUSTRY roundtable in Sydney has outlined what it considers priorities for establishing a green maritime corridor between Australia and Asia. Getting to Zero Coalition members...
Baltic Exchange weekly market report
THE BALTIC Dry Index rounded out the past week at 1323 – down 9.6% on the beginning of the week (when the BDI was 1463) and down significantly from the index’s recent peak of 1996...
OPINION: Unfair contract terms – more competition, better prices
ON 27 October 2022, the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 passed through the Senate, and now awaits Royal Assent. Among other things, the...
Drewry container index drops slightly over the week
DREWRY’S World Container Index decreased by 3% this week, to US$3050 per 40-foot container. The latest composite index figure represents a 67% drop since the same week last year...
Airline launches cargo service for NT mango haul
CATHAY Pacific Cargo has launched a seasonal air cargo service to export mangoes from the Northern Territory. The airline said it will operate one flight out of Darwin each week...
Global container numbers to decline for first time in 14 years: Drewry
THE war in Ukraine; sharp rises in global energy and food prices; and increasing rates of inflation continue to have a negative impact on the container shipping industry,...
Heavy equipment for $1.8-billion energy project arrives in Port Kembla
TWO transformers weighing more than 118 tonnes each have arrived in Port Kembla aboard general cargo ship AAL Fremantle. They are the first major pieces of electrical equipment to...
Govt places $15 million vessel order with Austal
THE AUSTRALIAN government has ordered another patrol boat from shipbuilder Austal for $15.2 million. The Guardian-class patrol boat will be built in Western Australia. Delivery is...
Big profits for Maersk again, but clouds are on the horizon
MAERSK continues its streak of big profits, with its 16th quarter in a row with year-on-year earnings increases. However, the company has signalled that earnings in its Ocean...
WiseTech acquires data-entry automation business
SOFTWARE company WiseTech Global has acquired Shipamax, a data-entry automation software business. Shipamax uses and AI and machine learning to convert unstructured data – such as...
