Port of Melbourne rail connection progresses
VICTORIA’S Port Rail Shuttle Network project is progressing with a new section of track connecting Port of Melbourne with Dandenong South – the site of a future intermodal...
$155 million drug haul intercepted at Port Botany
FOUR people have been charged over their alleged involvement in a $155 million drug shipment stashed inside a shipping container that arrived at Port Botany earlier this month....
Government supports empty container park trial in Melbourne
THE Victorian government has backed an initiative to enhance productivity in the truck arrival interface at empty container parks, and the plan involves participation from...
Austal posts revenue drop in FY22
AUSTRALIAN shipbuilder Austal has posted its second-highest EBIT on record for the 2022 financial year, but a drop in revenue. The latest financial results suggest Austal’s...
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...
