Maersk Tankers restructures business, welcomes new leaders
MAERSK Tankers will soon welcome two new executive leaders as it prepares to divide its commercial business into three strategic areas. Maersk Tankers manages chartering, partner...
Renewable hydrogen plant locked in for Pilbara
THE Pilbara will soon be home to one of Australia’s largest renewable hydrogen plants, with a final investment decision for the Yuri Project announced on Friday 16 September....
The DCN Weekly: Episode 15
THIS week in the news, a Sydney-based logistics tech company Ofload announced its acquisition of CIA Logistics to increase shipment visibility and remove inefficiencies across...
AMSA, defence force and bulker rescue four from missing boat
THE Australian Maritime Safety Authority has co-ordinated the rescue of a boat with four people on board after it went missing in the Solomon Sea. The 14-metre workboat Ogoi Ratz...
The week in bulk: Capesize revival
THE Baltic Dry Index showed some improvement over the past week after months of steady decline. The index ended the week at 1553, up from the previous Friday’s 1213. A turnaround...
NSW Ports commits to building resilience in a changing environment
NSW Ports has outlined its support for clean energy and climate-change resilience in its recently published sustainability strategy. The strategy commits NSW Ports, which manages...
Port reports positive FY21 results
PORT Taranaki has reported increases in profits for the year to 30 June despite a decrease in trade volumes. The port said increased vessel visits and a rise in the volume of dry...
Black Sea shipping corridor continues to stabilise food markets
THE Black Sea Grain Initiative is continuing to stabilise global food markets, according to the United Nations Conference on Trade and Development. The initiative is a...
Get your nominations in for the DCN Australian Shipping & Maritime Industry Awards
NOMINATE now for the DCN Australian Shipping & Maritime Industry Awards – the deadline is looming. Nominations will close in just three weeks on 5 October, so don’t delay in...
Aurizon joins Shipping Australia
SHIPPING Australia has announced the country’s largest rail freight operator, Aurizon, has joined the association as its newest member. An ASX-listed company, Aurizon provides...
MOL enters charter agreement for new LNG carriers
MITSUI OSK Lines has signed a long-term charter contract for three newbuild LNG carriers, to be delivered in 2028. The contract is between MOL and ENN LNG (Singapore), a...
Productivity Commission draft report celebrated and rejected
THE Productivity Commission’s draft report on Australia’s maritime logistics system has been received with varying degrees of satisfaction and disappointment. Published on 9...
The week in bulk: BDI begins to climb
THE Baltic Dry Index appears to be continuing on an upward trend after last week dropping to its lowest point in more than a year. On Friday 9 September the index ended at 1213....
NYK receives approval for ammonia-fuelled gas carrier
A CONSORTIUM of companies including NYK Line has received an approval in principle for a gas carrier designed to transport and run on ammonia. The consortium comprises NYK, Japan...
Record harvest exposed issues with grain port regulations, ACCC says
A RECORD grain harvest between 2020 and 2021 has exposed issues with the regulation of grain ports, according to the Australian Competition and Consumer Commission. The ACCC...
