Profits up and volumes down at Port of Tauranga
PORT of Tauranga has reported an increase in revenue and profit for the 2023 financial year despite cargo volumes falling in the second half. The North Island port posted a group...
The DCN Weekly: Episode 62
IN THE news this week, pilots at the port of Brisbane called off a strike against their employer Poseidon Sea Pilots....
Baltic Exchange weekly report
THE BALTIC Dry Index declined this past week from a peak in the previous week. The index rounded out the week at 1080 on 25 August. This was a decline of 13% on the previous...
The season of the stink (bug)
BROWN marmorated stink bug season is once again upon us for 2023-24. On 1 September seasonal measures aimed at mitigating the biosecurity risks of the BMSB will come into force....
AMSA bans bulker for 12 months
THE AUSTRALIAN Maritime Safety Authority (AMSA) has banned the Liberian-flagged bulk carrier MSXT Emily (IMO 9929302) from Australian waters for one year, after finding apparent...
Qube posts "strong" set of results for FY23
QUBE has reported an increase in earnings and revenue for the 2023 financial year, driven largely by high volumes in its logistics business. The company reported a full-year...
MOL and Aussie institutes partner on CO2 shipping project
MITSUI O.S.K. Lines is one of three Japanese companies to have partnered with Australian research institutes to study the bulk transport of carbon dioxide by ship. MOL, Low...
Police make arrests after 560kg of cocaine allegedly imported on bulker
THE AUSTRALIAN Federal Police has charged three men from Queensland for their alleged involvement in the importation and possession of about 560 kilograms of cocaine. Police will...
Ship burns biofuel on Newcastle voyage
In late July, Nippon Yusen Kabushiki Kaisha, Asahi Shipping Company (part of NYK group) and Kobe Steel bunkered the bulker Sunrise Serenity with biofuel. The fuel was bunkered via...
NQBP welcomes new CEO
NORTH Queensland Bulk Ports Corporation (NQBP) has announced the appointment of Brendan Webb as its new Chief Executive Officer. Brendan Webb, incoming CEO of NQBP and outgoing...
Baltic Exchange weekly report
THE BALTIC Dry Index jumped more than 100 points on Thursday to 1247. This was the highest the index has been since 24 May when it was 1295. The BDI this past week declined...
July throughput down at Pilbara ports
PILBARA Ports Authority reported a drop in monthly throughput at its ports in July. It’s total throughput over the month came to 59.7 million tonnes, which was a 5% decrease from...
Earnings and volumes drop at Napier Port
NAPIER Port has reported reduced earnings and container volumes for the nine months ended 30 June 2023. The North Island port attributed the results to the impact of Cyclone...
Tasmanian trade decreased in FY22
TASMANIAN ports handled a total of 14.513 million tonnes over the 2022-23 financial year, according to the most recent data from state ports operator TasPorts. Last year’s total...
The DCN Weekly: Episode 60
IN THE news this week, Silk Logistics acquired port and bulk logistics provider Secon in a deal announced last Friday....
