News
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...
Sydney-bound meth haul intercepted in Hong Kong
A SYDNEY man has been arrested for his role in facilitating a 240-kilogram haul of methamphetamine that was bound of Australia in a shipping container. Hong Kong authorities...
Melbourne sees July dip in container throughput
PORT of Melbourne reported a 3.5% decrease in total container throughput in July, when compared with the same month last year. The port said full container imports, not including...
Profits up and volumes down at Port of Tauranga
PORT of Tauranga has reported an increase in revenue and profit for the 2023 financial year despite cargo volumes falling in the second half. The North Island port posted a group...
The DCN Weekly: Episode 62
IN THE news this week, pilots at the port of Brisbane called off a strike against their employer Poseidon Sea Pilots....
World Container Index decreases
THE DREWRY World Container Index decreased by 3.5% to $1768.33 per 40-foot this past week week. It has dropped by 70.5% when compared with the same week last year. The latest...
The season of the stink (bug)
BROWN marmorated stink bug season is once again upon us for 2023-24. On 1 September seasonal measures aimed at mitigating the biosecurity risks of the BMSB will come into force....
Qube posts "strong" set of results for FY23
QUBE has reported an increase in earnings and revenue for the 2023 financial year, driven largely by high volumes in its logistics business. The company reported a full-year...
Empty container park trial highlights benefits of automation
A REPORT from the Department of Transport and Container Transport Alliance Australia found higher automation at empty container parks could boost truck turnaround times by 32%....
