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....
World Container Index continues steady decline
THE DREWRY World Container Index decreased week-on-week by 2.7% to $1494.46 per 40-foot container this past week. The composite index has dropped by 78.9% when compared with the...
Container freight rate index hits 23-month low
THE LATEST data from the Xeneta Shipping Index showed a decline of 9.4% in long-term global shipping rates in June. This follows a 27.5% decrease in May and a 10.3% fall in April....
Blank sailings at a low: analyst
CONDITIONS in the global container shipping markets are continuing to move towards normalisation, according to shipping industry analyst Sea-Intelligence. “However, a normal...
Botany container trade down in May
PORT Botany saw a slowdown in total container throughput in May, according to the latest available statistics from the port’s manager NSW Ports. Last month, the port handled a...
Detained vessel Shiling begins harbour trials
THE CONTAINERSHIP Shiling was due to commence harbour trials on Monday afternoon ahead of a long-awaited departure from CentrePort Wellington. The Singapore-flagged vessel broke...
