CMA CGM Q3 results show slowdown in profits
CMA CGM reported a slowdown in revenue and profit growth over the third quarter of 2022. The company said the quarter was “shaped by persistent geopolitical tensions” and...
Port seeks Aboriginal artist
AS a component of Mid West Ports Authority’s first reconciliation action plan (RAP), Aboriginal artists who reside in and have connections to the Mid West have been invited to...
ANL helps the kelp
ANL, in collaboration with the University of Tasmania, has launched the K-Help Initiative, which aims to restore the giant kelp forests of south-east Tasmania. Seaweed is an...
New methanol-fuelled tanker named
PROMAN Stena Bulk formally named its first newbuild IMOIIMeMAX methanol-fuelled 49,900 DWT vessel, Stena Pro Patria, in a ceremony hosted in Trinidad and Tobago on 23 November....
North P&I Club to increase premiums for 2023-24
NORTH P&I Club has signalled its intention to apply a 10% general increase in 2023-24 premium rates amid swirling economic uncertainty and mounting inflationary pressures. The...
2022 DCN Australian Shipping & Maritime Industry Awards Winners Brochure
THE WINNERS Brochure for the 2022 DCN Australian Shipping & Maritime Industry Awards is now live. Click here to read the 2022 DCN Awards Winners Brochure, complete with all the...
Labor IR bill gains Senate support
THE government announced over the weekend that it had secured the support of the Senate to pass its “Secure Jobs, Better Pay Bill”. In a statement employment and workplace...
Baltic Exchange Market Report
THE BALTIC Dry Index ended last week on an increase. Friday’s BDI was 1324, up from the previous Monday’s 1177. A week on the up: the Baltic Dry Index for the week ending 25...
Gard and decarbonisation centre partner to de-risk uptake of technology
THE GLOBAL Centre for Maritime Decarbonisation and insurer Gard have signed an impact partnership agreement, committing to a five-year collaboration to accelerate decarbonisation...
The DCN Weekly: Episode 25
In the news, a direct shipping service between Tasmania and New Zealand commenced last week. The launch was marked as a ship received the first load of cargo in Port of Devonport....
Inland Rail section opens for freight
EIGHTY-THREE kilometres of upgraded Inland Rail track is now open. The Australian Rail Track Corporation confirmed today (25 November) it has completed work on a section of track...
World Container Index drops again
DREWRY’S composite World Container Index has decreased by 7% to US$2404.46 per 40-foot container. This is the 39th consecutive weekly decrease, this week’s figures marking a 74%...
Firefighting helicopter arrives, takes off from Port Botany
A CH-47D Chinook helicopter that will join New South Wales’ firefighting arsenal for the upcoming bushfire season arrived at Port Botany’s Patrick Terminals this week. The Coulson...
Drug bust at Sydney freight depot, logistics employee arrested
AUTHORITIES have seized about 60 kilograms of cocaine from a Sydney freight depot and have arrested a logistics worker for allegedly monitoring drug imports. The man was one of...
Inmarsat to launch maritime safety terminal
INMARSAT has unveiled plans for a next-generation maritime safety terminal. The satellite communications company intends to connect the new terminal to Inmarsat’s ELERA L-band...
