News
World Container Index increases again
DREWRY’S World Container Index increased 2% to US$4801 per 40-foot container this week, softening a steep increase seen in recent weeks. The composite index has increased 202%...
Baltic Exchange weekly report
THE BALTIC Dry Index ended this past week at 1948 on Friday 14 June. The index is up 81% against the same week last year (1076 on 16 June 2023). The Baltic Dry Index for the week...
Shipping Australia joins WISTA Australia
SHIPPING Australia has joined the Women’s International Shipping & Trading Association Australia. WISTA Australia is the local branch of WISTA International, an organisation set...
Australia's oldest sail trading vessel relocated for maintenance
AUSTRALIA’S oldest sail trading vessel, SV May Queen, is undergoing essential maintenance at the Domain Slip in Hobart to ensure its continued preservation. The 19th century...
Resumption of wine exports to China boosts SA trade
AUSTRALIA has exported more than $86 million worth of wine to China in the month following the removal of duties on bottled wine. In that time, more than 350 Australian wine...
Comp opens for Sydney Harbour response vessel voyage
MISSION to Seafarers Sydney has teamed up with Port Authority of NSW to offer a voyage on the new response vessel Burra. The adventure on Sydney Harbour is the prize of an online...
PPA handles 68.8 million tonnes in May
PILBARA Ports Authority has reported a total throughput of 68.8 million tonnes for May 2024. The figure is a 10% increase compared with volumes handled in the same month last...
Plans locked in for Picton ferry terminal building demolition
DEMOLITION of the old Picton ferry terminal building is set to begin this month, following the cancellation of the iRex project. The NZ$1.3 billion project, which would have...
Total containers lost at sea hits record low in 2023
THE WORLD Shipping Council has released its annual report on containers lost at sea, with a total of 221 containers lost out of 250 million transported. This marks the lowest...
Restrictions lifting in Panama Canal
THE PANAMA Canal Authority (ACP) has announced an increase to the number of daily vessel transits, effective next month. On 11 July the number of transits is set to increase to...
Inland Rail sees strong progress at first Victorian sites
THE FIRST four Victorian sites on the Inland Rail project are nearing completion, according to a project update. The Inland Rail company has reported strong progress at the...
Emergency response capabilities tested at Port Kembla
FRONTLINE emergency services and port operators honed their incident response skills at the Port Authority of NSW multi-agency training exercise on Friday (7 June). The exercise...
NQBP roads slated for $4m upgrade
NORTH Queensland Bulk Ports has announced a $4-million investment in a roadworks package for the Port of Mackay. Five roads within and outside of the port secure area will be...
DCN welcomes new cadet journalist
DAILY Cargo News is delighted to announce cadet journalist Huw Murday as the newest member of the editorial team. Mr Murday joined DCN on 20 May, kicking off his cadetship with...
Baltic Exchange weekly report
THE BALTIC Dry Index increased each day this past week, landing at 1881 on Friday 7 June. The Baltic Dry Index for the week ending Friday 7 June 2024. Source: Baltic Exchange...
