The DCN Weekly: Episode 74
IN THE news this past week, container terminal operator DP World was hit by a cyberattack. https://open.spotify.com/episode/3ZaT9gvajeDMRRAyDaFJJp?si=139e773098154b62 The company...
Energy efficiency measures can reduce underwater noise: report
MOST energy efficiency measures prescribed to the shipping industry can also reduce underwater noise, research from the University of Southampton has found. The new study...
Third-quarter results show Zim in the red
ISRAELI ocean carrier Zim reported a third-quarter loss of US$2.27 billion compared with a net income of US$1.166 billion in the third quarter of 2022. The company’s revenues for...
SAL calls on minister to intervene in DP World industrial dispute
SHIPPING Australia has called on minister for employment and workplace relations Tony Burke to issue a ministerial declaration to stop the Maritime Union of Australia’s protected...
Napier's revenue grows despite "significant" drop in trade volumes
NAPIER Port has reported an increase in revenue for the year to 30 September 2023 despite a “significant reduction” in trade volumes. The North Island port’s revenue grew 3.4% to...
Additional industrial action announced at DP World in wake of cyberattack
THE MARITIME Union of Australia will continue with protected industrial action at DP World terminals as it recovers from a cyberattack that halted operations at its four...
Cocaine seized from reefer at Tauranga
Authorities in New Zealand have intercepted about 35 kilograms of cocaine in a reefer at the Port of Tauranga. NZ Customs Service said they uncovered the haul during a routine...
Maersk makes trans-Tasman service changes
MAERSK announced changes to its trans-Tasman Polaris service, affecting ports in both Australia and New Zealand. In an advisory, Maersk said the changes were following the...
Protesters target Israeli line at Botany and Melbourne
PROTESTERS have been targeting the Israeli shipping company Zim at Port Botany and the port of Melbourne. There is concern that protest activity may flare up again as other Zim...
Tassie container volumes increase
TASPORTS has reported a drop in total cargo volumes for the first quarter of the 2024 financial year, but an increase in container volumes. The ports in the TasPorts network...
DP World terminals resume operations after cyberattack (updated)
OPERATIONS at DP World’s Australia terminals are resuming after its IT systems were shut down, crippling throughput at the terminals after a cyberattack on Friday. Landside...
CMA CGM’s Q3 results reflect downturn in container shipping
FRENCH ocean carrier CMA CGM reported significant downturns in revenues, driven in large part by tumbling revenues from its shipping division. The company said its shipping...
Cyberattacks: the marine insurance perspective
By Maurice Lynch and Jason Symons, partners, Mills Oakley Australia is amid a tumultuous period of cyber upheaval. Last weekend, another large Australian business was exposed to a...
DP World terminals impacted in “cybersecurity incident”, company working to restore operations
A "CYBERSECURITY incident" has impacted operations at container terminal operator DP World's Australian operations. The company said it is working “around the clock” to restore...
Nine-month revenue, earnings and volumes up at ICTSI
INTERNATIONAL Container Terminal Services (ICTSI) has reported an EBITDA of US$1.11 billion for the first nine months of 2023, a 7% increase on the same period last year. Revenue...
