Multinational security operation launched in Red Sea
THE UNITED States has set up a multinational security initiative to address the security threat against ships in the Red Sea. Operation Prosperity Guardian aims to ensure freedom...
Red Sea traffic rerouted after more attacks on ships
SHIPPING companies are rerouting vessel traffic away from the Suez Canal and the Red Sea following more attacks on commercial ships. There has been a surge in attacks since...
Court makes interim decision on Tauranga wharf extension
THE ENVIRONMENT Court of New Zealand has issued Port of Tauranga with an interim decision provisionally granting resource consent for the first stage of a wharf extension. The...
World Container Index inches up
THE DREWRY World Container Index increased this past week by 4$ to $1521 per 40-foot container. The composite index has dropped by 28% when compared with the same week last year....
There's a lot about Price & Speed you may not know
We made a decision 20 years ago to lead the pack in DoAWR processing, and centred the construction of our Baker Street depot around DAFF. The most important thing we have done is...
The DCN Weekly: Episode 78
WOODSIDE Energy signed a deal with three maritime unions this week to employ about 70 Australian seafarers on a Woodside-chartered LNG carrier....
Freo sees October increase in containers
PORT of Fremantle saw an influx of container throughput in October, driven by an increase in both imports and exports. Fremantle Ports handled a total of 77,436 TEU in October...
ACCC flags completion concerns as stevedore profits increase
OPERATING profit margins of the container stevedoring industry in Australia increased to 24.9% in 2023, according to the Australian Competition and Consumer Commission’s Container...
MUA’s industrial action continues at DP World terminals
THE MARITIME Union of Australia is continuing protected industrial action at DP World’s Australia terminals after several days of negotiations last week. The two parties last week...
Three jailed over 99kg shipping container meth smuggling
THREE men have each been sentenced to more than 13 years’ imprisonment for their roles in a plot to import 99 kilograms of methamphetamine into Western Australia ahead of New...
OneStop to launch new rail module
ONESTOP is launching a new rail module for rail operators and intermodal facilities. The OneStop Rail Module is due to go live this month at Patrick’s PortRail Melbourne rail...
Maersk prepares to launch first large methanol-fuelled ship
MAERSK is preparing to launch the first of 18 large methanol-enabled vessels currently on order. The containership is due to enter service on 9 February 2024 on the AE7...
The DCN Weekly: Episode 77
THE MARITIME Union of Australia has been suspending its planned industrial action at DP World terminals this week as the two parties conduct negotiations at the Fair Work...
ECTA deal boosts Australia-India trade in 2023
THE VALUE of trade between India and Australia has increased significantly over the past year and could potentially have doubled by the end of 2023, according to the High...
World Container Index increases
THE DREWRY World Container Index increased by 6% this past week, reaching US$1461 per 40-foot container. The composite index has dropped by 32% when compared with the same week...
