Shipping association pushes GHG proposals to IMO
THE World Shipping Council has made suggestions to the International Maritime Organization to ensure GHG regulations adequately drive the industry’s transition to alternative...
Baltic Exchange Weekly Report - 26 August 2022
THE BALTIC Dry Index continued its downward spiral, propelled this week by plunging Capesize rates. The index ended last week at 1082, the lowest it has been in more than a year....
Maersk and container manufacturer terminate divestment agreement
MAERSK has announced its US$987 million divestment agreement with China International Marine Containers has fallen through. In September last year, A.P. Moller – Maersk confirmed...
TotalEnergies’ completes COSCO’s first biofuel bunkering
TOTALENERGIES Marine Fuels in July completed the first refuelling of a COSCO containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel...
THE DCN WEEKLY: EPISODE 12
This week, Port of Melbourne continued working through its proposed capacity enhancement program, which has objectives to enable the development of a new container terminal and to...
Record $1.6 billion drug bust at Port Botany
POLICE and border authorities have executed a record-breaking drug bust after a tonne of methylamphetamine was found sealed inside shipping containers arriving at Port Botany. The...
NSW Ports calls for stronger rail freight networks
NSW Ports has called for greater investment in rail infrastructure to enhance connectivity between regional producers and the state’s ports. Private investment in the state’s...
Brown Marmorated Stinkbug season is almost here
BORWN Marmorated Stinkbug season is fast approaching, putting the shipping industry and its stakeholders on high alert. Between 1 September 2022 and 30 April 2023, seasonal...
Silk Logistics reports bumper FY22
SILK Logistics reported a 2021-22 underlying net profit after tax of $115.8 million – an increase of 45% on the previous financial year. The ASX-listed logistics company’s...
MOL secures deals for six new LNG-fuelled ships
MITSUI O.S.K. Lines has announced plans to build six new ships that will use liquefied natural gas as their main fuel. MOL has signed a construction deal for four new capesize...
WA welcomes milestone on LNG export project
NATURAL gas producer Woodside Energy has commenced construction on a gas-transporting train as part of an LNG export project on the Western Australian coast. The new train is the...
Qantas Freight strong despite group's $1.9 billion loss
DESPITE reporting a loss before tax of $1.9 billion, Qantas said its air freight subsidiary has posted a record annual performance. Qantas released its results for the 2022...
New air freight carbon offset program launched
CATHAY Pacific has introduced a carbon offset program for air freight, powered by a carbon emissions calculator. The program, Fly Greener, follows the launch of Cathay Pacific’s...
QLD port celebrates new facility
THE Port of Mackay now boasts a new multi-million dollar purpose-built tug berth facility. North Queensland Bulk Ports chief executive officer Nicolas Fertin said north...
Approval in principle for large-scale liquefied CO2 carrier
MITSUI OSK Lines has acquired approval-in-principle for the design of a large-scale liquefied carbon dioxide carrier from from Nippon Kaiji Kyokai (ClassNK). In June 2021, MOL...
