News
Huge vape importation stopped in historic Sydney bust
ALMOST 400,000 disposable vapes have been detected by the ABF within one week in Sydney, in what is now the largest seizure of illegal vapes at the border since legislation...
Wallenius Wilhelmsen confidence high as extra orders confirmed
WALLENIUS Wilhelmsen has declared its options to build a further four next generation Shaper Class PCTCs in China. The Oslo based shipping line now holds firm contracts for a...
PNG ports sector partners on coastal conservation
PNG Ports Corporation, TotalEnergies and Motukea International Terminal have signed a conservation agreement aimed at preserving the mangroves that help protect port...
Drewry posts WCI increase
DREWRY’S World Container Index increased by 16% to US$4072 per 40-foot container this week. The index posted an increase of 142% when compared with the same week in 2023. The...
Baltic Exchange weekly report
THE BALTIC Dry Index ended last week at 1797, which is a 53% increase compared with the same week last year. The Baltic Dry Index for the week ending Friday 24 May 2024. Source:...
First ferry in new Parramatta fleet enters service
THE FIRST vessel in the new fleet of Parramatta Class river ferries has entered service in Sydney, and will primarily operate along the busy Parramatta to Circular Quay route. The...
AAL to get additional newbuildings
AAL Shipping has confirmed two additional heavylift multi-purpose ships ordered by parent Schoeller Holdings will join its fleet. DCN earlier reported that Schoeller had place...
Restoration for historic pier
THE Victorian Government has opened tenders for repairs to the historic Workshops Pier in Williamstown, Melbourne as part of a $46 million program to rebuild piers and jetties...
Napier posts strong first-half earnings performance
NAPIER Port has revealed evidence of solid growth in its half-year results report, highlighting revenue growth and recovery, in particular from log exports and cruise vessel...
Foundations set for Inland Rail construction
INLAND Rail has reached a “major construction milestone” at one of its Victorian sites. The completion of pile drilling at Seymour-Avenel Road marks the end the pile drilling...
New NZ coaster on its way
A SELF-propelled barge to be used for bulk distribution and transhipment operations on New Zealand’s South Island is now on its way from Singapore. Manahau, which means ‘brisk or...
ZIM turns around in Q1
ZIM Integrated Shipping Services has enjoyed a strong first quarter, reversing results recorded in Q1 2023 and upgrading its full-year guidance for 2024. But net debt and net...
Silk Logistics CEO steps down
SILK Logistics CEO and managing director Brendan Boyd has stepped from his executive role at the ASX-listed company for medical reasons. The company on Wednesday (22 May)...
NZ containership crew awarded for SAR efforts
THE CREW of containership Moana Chief was recognised at the 2023 New Zealand Search and Rescue Awards (held on 21 May 2024) for their efforts in a yacht rescue last year. The New...
Peak season surcharge for ECNA
IN WHAT is an absolute rarity in recent years, a peak season surcharge (PSS) has been announced for an outbound trade from Australia. ANL and CMA CGM will impose a US$300/TEU PSS...
