Four charged over drug shipment to Sydney industrial site
FOUR men were arrested at an industrial site over an alleged attempt to import methylamphetamine into Sydney. On 16 March the Australian Border Force intercepted a “suspicious”...
Maersk and Shanghai Port sign MOU on methanol bunkering
MAERSK has signed an agreement with Shanghai International Port Group on strategic co-operation for the Shanghai Port methanol marine fuel project. The two parties signed the...
The DCN Weekly: Episode 40
THIS week, the Australian Transport Safety Bureau released its findings from an investigation into the allision that sunk two tugs in Devonport last year....
World Container Index continues to tumble
THE DREWRY World Container Index fell by 2% to US$1756.83 per 40-foot container this past week. The composite index has dropped by 79% when compared with the same week last year...
OOIL reports big revenues and profits for 2022
ORIENT Overseas (International), the parent company of ocean carrier OOCL, reported significant increases in revenues and profits for the 2022 calendar year. The company’ revenue...
Hutchison to raise landside fees
HUTCHISON Ports has announced it is increasing its landside fees at its Sydney and Brisbane terminals. The terminals operator issued notices on 17 March informing road transport...
Maersk pulls NZ coastal service
MAERSK intends to phase out its Coastal Connect service in New Zealand, after less than a year of operation. In an advisory issued on Friday (17 March) Maersk said it had reviewed...
PSA International’s 2022 volumes decline, revenues increase
PSA International, the Singapore-based port operator, posted a decrease in volumes over 2022, but increases in revenue and profits. The company’s flagship operations are in...
Safety plan launched for NZ ports
NEW Zealand’s Port Health and Safety Leadership Group has released a plan that aims to make the country’s ports safer in the wake of two fatalities last year. The leadership group...
MSC and Global Centre for Maritime Decarbonisation enter five-year partnership
MSC has agreed to contribute to the Global Centre for Maritime Decarbonisation's resources and projects under a five-year partnership. The Impact Partnership agreement aims to...
The DCN Weekly: Episode 39
THIS week, the Victorian government named Port of Hastings as the location of the Victorian Renewable Energy Terminal, detailed in a statement on offshore wind energy...
World Container Index decreases again
THE WORLD Container Index, published by Drewry, decreased by 1% this past week, and has fallen by 80% when compared with the same week last year. The composite index for this week...
New RTGs to roam DPWA’s Sydney terminal
DP WORLD Australia this week welcomed five new Kalmar rubber tyred gantries at its Port Botany terminal. The company said the equipment – an investment of $35 million – would...
ONE orders 10 big containerships
OCEAN Network Express has ordered 10 new 13,700-TEU containerships. The company said the new vessels would be delivered in 2025 and 2026. In a statement, ONE said the order was in...
Zim reports a big year, dismal fourth quarter
ZIM posted big earnings for 2022, but by the fourth quarter of the year, earnings had fallen off a cliff. The Israeli shipping company posted a net income of US$417 million for...
