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...
The DCN Weekly: Episode 69
IN THE news this past week, pilot vessel Corsair grounded and broke up at the entrance to Port Phillip Heads in Victoria....
Maersk to roll out Starlink on ocean fleet
MAERSK has signed a deal to roll out Starlink’s satellite internet across its ocean fleet. Starlink is a highspeed satellite internet constellation developed by SpaceX. It was...
Aurizon’s Darwin container port concept takes shape
DURING a speech at Aurizon's 2023 annual general meeting, the company's managing director and CEO Andrew Harding outlined some plans for a so-called “land-bridge” to rail...
600 kilos of meth seized from toilet paper shipment
FOUR men have been charged after authorities seized 622 kilograms of methamphetamine hidden in a shipment of toilet paper rolls. The shipment arrived in Melbourne from Malaysia...
