World Container Index inches up
THE DREWRY World Container Index increased this past week by 4$ to $1521 per 40-foot container. The composite index has dropped by 28% when compared with the same week last year....
Baltic Exchange weekly report
THE BALTIC Dry Index fell slightly at the end of a dynamic week, but the index is still higher than it has been for most of the past year. The BDI hit 2348 on Friday (15...
The DCN Weekly: Episode 78
WOODSIDE Energy signed a deal with three maritime unions this week to employ about 70 Australian seafarers on a Woodside-chartered LNG carrier....
Incat Crowther to design ferry for US Virgin Islands
AUSTRALIAN marine engineering company Incat Crowther is partnering with a US shipyard to deliver a new ferry for the US Virgin Islands. Incat Crowther is designing 32-metre-long...
Ports reopen in wake of ex-Tropical Cyclone Jasper
ALL ports have reopened in northern Queensland in the wake of ex-Tropical Cyclone Jasper. Several ports were shut or put on alert this past week as the cyclone lashed the coast....
US asks for Australian warship in Red Sea
THE US Navy has asked Australia to send a warship to the Red Sea. Global media have reported the request is for the vessel to join an international task force following a rise in...
Charting a new course at Barry Beach Terminal
BARRY Beach Marine Terminal is situated in an area of southern Victoria know for its natural beauty and wild coastline. The terminal is on Corner Inlet, which is just north of...
Freo sees October increase in containers
PORT of Fremantle saw an influx of container throughput in October, driven by an increase in both imports and exports. Fremantle Ports handled a total of 77,436 TEU in October...
Minister extends Coastal Shipping Act exemption for cruise
MINISTER for infrastructure and transport Catherine King has extended an exemption from the Coastal Trading (Revitalising Australian Shipping) Act 2012 for cruise ships. The...
AMSA issues guidance on risks of transporting EVs
THE AUSTRALIAN Maritime Safety Authority is encouraging ship operators to prepare crews for the risks of transporting battery-powered electric vehicles. AMSA outlined risks and...
ACCC flags completion concerns as stevedore profits increase
OPERATING profit margins of the container stevedoring industry in Australia increased to 24.9% in 2023, according to the Australian Competition and Consumer Commission’s Container...
Newcastle reports strong November trade
PORT of Newcastle handled 13.4 million tonnes of trade in November 2023, which was a 32.5% increase on the same month last year. Total exports were up 34% to almost 13 million...
Australia and UAE to commence trade agreement negotiations
THE AUSTRALIAN government is to begin negotiations with the United Arab Emirates on a comprehensive economic partnership agreement in the new year. A statement from the government...
China lifts suspensions on Aussie abattoirs
CHINA has lifted suspensions on three Australian meat export establishments. China suspended exports from Teys Australia in Naracoorte, South Australia, Australian Lamb Company in...
Ports remain shut as Jasper closes in
PORTS remain closed on Wednesday as Cyclone Jasper bears down on Far North Queensland. The ports of Cairns, Mourilyan, Port Douglas, Cooktown and Cape Flattery closed on Tuesday...
