Maersk expands logistics infrastructure in SE Asia
A.P. Moller-Maersk is expanding its contract logistics and distribution capabilities in Vietnam with three new facilities coming into operation in Song Than and Bac Ninh. The...
Hapag-Lloyd reports a ripper first quarter
HAPAG-LLOYD reported its first-quarter profits for this year were about US$1.9 billion (EBITDA). The company’s revenues increased in the first quarter of 2021 by around 33%, to...
MUA gives notice of more Patrick protected industrial action
THE Maritime Union of Australia issued Patrick Terminals a notice of protected industrial action for its Port Botany terminal. This notice comes on the heels of two other PIA...
BUDGET: Lots for infrastructure, but naught for the blue highway
THE Federal Budget for 2021-22 is tightly focused on driving growth and rebuilding the economy from the COVID-19 pandemic. There is much to laud, including the commitment of...
LETTER TO THE DCN: SAL article does not tell the full story
DEAR Sir, I would like to comment on the recent opinion article by Shipping Australia published in the DCN about supply chain resilience. I believe that some of the assumptions...
Ocean Network Express expands its reefer fleet
OCEAN Network Express (ONE) continues to expand its current refrigerated container fleet by adding another 27,500 new units, including 850 units equipped with advanced controlled...
Port of Melbourne welcomes proposed funding for intermodal terminal
THE Port of Melbourne has welcomed the proposed $2-billion Commonwealth budget commitment for the creation of a new intermodal terminal to accommodate future Inland Rail services....
Change of leadership at major stevedore
Major stevedore DP World has shuffled its executive team in the Asia Pacific region with two promotions here in Australia. The company’s current CEO and managing director of...
Budget money coming for Melbourne intermodal terminal
THE federal government is funnelling billions into new freight infrastructure, including $2 billion for a new intermodal terminal in Melbourne. In a pre-budget announcement,...
MUA gives Patrick notice of protected industrial action
THE Maritime Union of Australia on Friday gave Patrick Terminals notice of protected industrial action at its Fremantle and Brisbane terminals. In a notice to customers, Patrick...
ICTSI reports profit, revenue increases for Q1
INTERNATIONAL Container Terminal Services reported a 16% increase in first-quarter revenues from port operations. ICTSI, which runs the Victoria International Container Terminal,...
Reefer freight rates soar but outgunned by dry box rates
REEFER container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer...
Shipping industry creates emergency relief fund for seafarers
SEVERAL seafarer welfare charities and shipping industry players have launched an emergency relief fund for seafarers and their families devastated by the rampant COVID-19...
OPINION: The global maritime supply chain is resilient, not vulnerable
DRAMATIC new evidence from the UN Conference on Trade and Development shows just how much the demand for goods has soared because of COVID-19. And, crucially, despite what you may...
UN tool aims to help stranded seafarers
AIMED at addressing the needs of stranded seafarers, struggling with the impact of the pandemic, a new human rights due diligence checklist is being provided to companies relying...
