News
Long ship berths at Botany
CMA CGM Pelleas (IMO 9365788) became the longest ship to berth at Port Botany, at 350 metres LOA, when it arrived at the DP World terminal on Thursday (14 September). The...
First methanol-enabled containership named Laura Maersk
MAERSK’S first methanol-enabled containership was named Laura Maersk in a ceremony on Thursday (14 September) at the Port of Copenhagen. The vessel was officially named by the...
POAL privatisation has downsides: MUNZ-commissioned report
A REPORT commissioned by the Maritime Union of New Zealand highlights some pitfalls that may befall a privatisation deal at the Ports of Auckland. The 27-page report said...
MSC to acquire stake in Hamburg logistics company
MSC, the largest container carrier by capacity, has agreed to acquire 49.9% of Hamburger Hafen und Logistik Aktiengesellschaft HHLA, a port terminal and logistics company. Under a...
The DCN Weekly: Episode 64
IN the news this week, the MUA applied to the Fair Work Commission to be able to carry out protected industrial action in the just-started enterprise bargaining agreement...
Equinor to supply Maersk methanol
OCEAN carrier Maersk has signed an agreement with Norwegian state-owned oil major Equinor for the supply of green methanol for Maersk’s first methanol-enabled containership. Under...
World Container Index – 7 September 2023
THE DREWRY World Container Index decreased by 3.4% to US$1680.73 this past week. The composite index has dropped by 68.8% when compared with the same week last year. The latest...
Zim enters operational agreement with MSC
ZIM has entered a new operational co-operation agreement with MSC on several trade routes, including services that call Australian ports. The agreement follows an announcement...
Four weeks left to nominate for 2023 DCN awards
Daily Cargo News is gearing up for another great awards night this year to celebrate the achievements of Australia's maritime and logistics industry. The 2023 DCN Australian...
MUA applies to FWC to undertake industrial action at DP World
THE MARITIME Union of Australia has applied to the Fair Work Commission to take protected industrial action in its negotiations for a new enterprise bargaining agreement for...
World Container Index posts another weekly decrease
THE DREWRY World Container Index decreased by 1.6% to US$1739.59 per 40-foot container this past week. The WCI has dropped by 69.3% when compared with the same week last year. The...
Intermodal Terminal Company appoints inaugural chair
INTERMODAL Terminal Company has appointed John Fullerton, the former CEO and managing director of the Australian Rail Track Corporation, as its first chair. ITC, established in...
Xeneta Shipping Index shows rates continuing to slide
LONG-term ocean freight rates slid in August, marking the 12th consecutive month of declines for carriers. According to the latest real-time data from the Xeneta Shipping Index...
Wärtsilä launches CCS feasibility studies
WÄRTSILÄ is launching carbon capture and storage feasibility studies for shipowners and operators to help bring forward the early stages of CCS integration. The technology group...
South Port reports positive FY23 results
SOUTH Port in New Zealand reported an 8.7% decrease in after-tax profit for the 2022-23 financial year. The port in the South Island town of Bluff reported after-tax profit of...
