DP World to implement new high-bay container storage system
DP WORLD has announced the first commercial use of its revolutionary Boxbay high-bay storage system at its terminal in Pusan, South Korea. A contract was signed on Wednesday...
Call for coastal shipping to aid flood-stricken Kimberley
“I’M calling on Minister King to urgently lodge a Section 11 exemption of the Coastal Trading Act 2012 to allow international carriers, who are at the ready, to bring in the...
ICTSI reports strong 2022
INTERNATIONAL Container Services – parent company of Victoria International Container Terminal – reported increases in throughput, revenue and EBITDA for 2022 in its consolidated...
ANL adds Vanuatu calls to Westpac service
ANL’s Westpac service is now calling the Vanuatu ports of Santo and Port Vila. The shipping line said the addition of these calls make its Westpac service the only direct...
January container trade up at Freo
CONTAINER throughput at Fremantle Ports saw an uptick in January, increasing on the same month last year, and the previous month. In January, the port handled a total of 67,678...
CMA CGM’s 2022 performance “exceptional”
CMA CGM’s 2022 financial results were largely in line with the other major ocean carriers: gigantic profits in the first half on the back of high freight rates, with a contraction...
Newly launched PNG service makes maiden call
THE Meratus Gorontalo made the maiden call on Meratus Line’s new PNG Express service late last month. The Indonesian logistics company’s new service makes direct connections from...
Hapag-Lloyd reports huge 2022 financial results, but clouds are gathering
HAPAG-Lloyd’s profits for 2022 reached US$18 billion (€17 billion), but with freight rates on the decline, the company said this year won’t be as spectacular. In 2022, the...
The DCN Weekly: Episode 37
SEALEAD announced a new service that will connect Australia directly with Pakistan and India. https://open.spotify.com/episode/7kAoSyVLJTenxl9UfOTPd0?si=b560a00572cc4abe The...
World Container Index decreases yet again
DREWRY’S composite World Container Index decreased by 2% to US$1859.28 per 40-foot container last week. The index is down 80% compared with the same week last year. The latest...
Class NK releases standards for container stowage
CLASSNK has released its “Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)” and its “Guidelines for Parametric Roll Countermeasures”. It said the...
A slight decline in schedule reliability in January
GLOBAL liner schedule reliability saw a month-on-month decline of 3.8% in January to 52.6% after steady increases throughout much of 2022, according to the latest report from...
Construction begins at Moorebank Interstate Terminal
CONSTRUCTION has officially started on the container-handling facilities of the new Moorebank Interstate Terminal, a vital piece of Australia’s largest intermodal logistics...
Hapag-Lloyd signs LNG supply agreement with Shell
HAPAG-Lloyd and Shell have signed a multi-year agreement for the supply of LNG for the shipping line’s ultra-large dual-fuel 23,500-TEU container vessels. Bunkering for the 12 new...
Independent valuer for Port of Newcastle appointed
NEW South Wales Treasurer Matt Kean has appointed the Independent Pricing and Regulatory Tribunal (IPART) as the independent valuer under the Port of Newcastle Extinguishment of...
