Zim slashes full-year 2023 outlook
CONTAINER liner company Zim has adjusted its full-year outlook for 2023; the company is expecting an EBIT loss of $500 million to $100 million, down from its previous guidance of...
Maersk takes delivery of first methanol containership
MAERSK has taken delivery of its first containership that can run on green methanol. HMD Hull #4168 was built by Hyundai Mipo Dockyard Co. and Hyundai Heavy Industries Co. in...
Smart containers to make up 30% of global box fleet by 2027: report
THE NUMBER of telematics-enabled shipping containers in the global fleet is forecast to grow sixfold over the next five years, according to the Container Census & Leasing Annual...
Freo sees May container uptick
TOTAL container throughput at Fremantle increased in May, compared with the previous month, according to the latest available trade data from Fremantle Ports. In May the port...
Global demurrage and detention charges on the decline: report
AVERAGE demurrage and detention charges have seen a year-on-year decline of 25%, according to the annual Demurrage and Detention Charges Benchmark Report 2023, published by...
SHI completes voyage with autonomous navigation
SAMSUNG Heavy Industries has completed a demonstration of its autonomous navigation technology on a containership in the South China Sea. The South Korean shipbuilder said the...
Construction begins on Melbourne intermodal terminal
CONSTRUCTION has started on the $400-million Somerton Intermodal Terminal – a key hub in Melbourne’s Port Rail Shuttle Network. The Intermodal Terminal Company (ITC) is building...
WCI continues steady decline
THE WORLD Container Index decreased by 1.3% this past week to $1474.32 per 40-foot container. The index and has dropped by 79.1% when compared with the same week last year. The...
Shiling released from detention, bound for Singapore
MARITIME NZ has lifted a detention order imposed on the containership Shiling. The vessel was due to sail for Singapore on Friday 7 July. Shiling’s departure follows a detention...
OOCL revenue plummets 63% in second quarter
ORIENT Overseas International has reported a 62.6% decrease in total revenue for Orient Overseas Container Line for the second quarter of 2023. The Hong-Kong headquartered company...
Adelaide container throughput increases in May
CONTAINER cargo through Port Adelaide increased in May 2023, according to the latest statistics from Flinders Ports. Total full container throughput at Port Adelaide came to...
Brisbane container trade sees May increase
PORT of Brisbane’s container throughput in May totalled 126,918 TEU in May – a 2% increase on May last year – according to the latest trade statistics available from the port....
AI-based voyage planning trial concludes
YARA Marine Technologies has concluded trials of an AI-based semi-autonomous voyage planning system. The so-called Via Kaizen project looked at a how AI and machine learning could...
Contract awarded for Inland Rail enhancement works
INLAND Rail has awarded a contract worth $403.5 million for design and construction of enhancement works for two sections of the rail route. Martinus Rail received the contract...
The DCN Weekly: Episode 54
IN THE news this week, Victoria has announced a new offshore wind zone, a move welcomed by the MUA, which says it will boost Australian maritime jobs....
