News
The DCN Weekly: Episode 71
IN THE news this week, the Maritime Union of Australia announced more protected industrial action at DP World’s Australian terminals....
Kuehne+Nagel sees volume trend reverse in Sea Logistics
KUEHNE+NAGEL has reported a return to volume growth in its Sea Logistics business unit in the third quarter of 2023. EBIT in Sea Logistics amounted to CHF 875 million (about $1.5...
Crowley moves to launch LNG bunkering on Pacific side of Panama Canal
SHIPPING and energy logistics company Crowley said it is proceeding with plans to launch LNG bunkering on the Pacific side of the Panama Canal. Crowley would provide LNG bunkering...
ONE trials electric bunker delivery note
OCEAN Network Express and Shell have trialled an electric bunker delivery note (e-BDN) with support from the Maritime and Port Authority of Singapore. The e-BDN trial was...
Stonepeak to acquire container lessor for US$7 billion
INVESTMENT firm Stonepeak – which owns 70% of GeelongPort – is to acquire intermodal container lessor Textainer in a transaction valued at US$7.4 billion. Textainer announced over...
More industrial action at DP World
THE MARITIME Union of Australia has announced a new batch of protected industrial action at DP World’s Australia terminals, and the company, in a statement, has called on the...
The DCN Weekly: Episode 70
IN the news this week: Western Australia’s Shipping and Supply Chain Taskforce has recommended policy and regulatory reforms to support Australian-owned shipping lines competing...
Drug bust: 50 kilos of cocaine in containerised shipment
AUSTRALIAN Federal Police has launched an investigation after 50 kilograms of cocaine was found hidden inside a containerised shipment of plastic furniture bound for Sydney from...
Melbourne container trade down in September
TOTAL container throughput at Port of Melbourne came to 267, 392 TEU in September 2023, a 6.9% decrease since the same month last year. Full container import volumes (excluding...
Voluntary code of practice announced for ports
VICTORIAN ports and freight minister Melissa Horne has announced a voluntary code of practice that aims to manage periods of disruption to the container supply chain. Ms Horne...
Port of Melbourne ranks first in GRESB infrastructure asset assessment
PORT of Melbourne has ranked first among Australian and international ports in the 2023 Global Real Estate Sustainability Benchmark infrastructure asset assessment. The port also...
OOCL names new 24,188 TEU containership
OOCL has welcomed its newest 24,188-TEU containership with a naming ceremony in China. The newbuild, named OOCL Gdynia, is the sixth of 12 new vessels of its size the company...
Biosecurity funding model raises $97 million from importers in three months
THE SUSTAINABLE Biosecurity Funding model announced in May this year has collected an additional $11.3 million in fees and charges from importers in three months. Federal minister...
WA taskforce calls for broad coastal shipping reforms
WESTERN Australia’s Shipping and Supply Chain Taskforce has recommended policy and regulatory reforms to support Australian-owned shipping lines competing in domestic sea-freight...
World Container Index lowest for three years
THE DREWRY World Container Index has decreased by 1.5% to US$1369.06 this past week. The composite index and has dropped by 60.7% when compared with the same week last year. The...
