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....
China reinstates CBH and Emerald Grain barley imports
CHINA has re-registered CBH Grain and Emerald Grain Australia as barley exporters, enabling both companies to immediately re-commence trade with China. The Australian government...
Transport minister talks freight transformation at SAL luncheon
NSW transport minister Jo Haylen shared her vision for a less fragmented freight system during her presentation at Shipping Australia’s NSW Parliamentary Luncheon. Ms Haylen...
July trade up at Port of Newcastle
PORT of Newcastle handled 14 million tonnes of trade in July this year, which was a 67% increase on the 8.4 million tonnes handled in the same month last year. The port exported a...
Exporters welcome end of "barley dispute" with China
GOVERNMENT, industry and and exporters are celebrating China’s move to scrap tariffs on Australian barley. The Australian government announced on Friday that China had decided to...
Two more charged over bulk-carrier cocaine bust
TWO more people have been arrested over an attempt to smuggle 850 kilograms of cocaine into Australia hidden on a bulk carrier. Police believe the man (37) and woman (32) from...
