Major Inland Rail construction begins in Victoria
MAJOR works on the Victorian section of the Inland Rail project have begun, according to a statement from the Australian Rail Track Corporation. ARTC marked the occasion with a...
ONE reports “significant deterioration” in profits
OCEAN Network Express has reported a decline in profits in the third quarter of the 2022 financial year. It said its quarterly profit of US$2.77 billion was a “significant...
Norfolk Island port location dominates public consultation
A PERMANENT port location on Norfolk Island has emerged as the biggest concern the community has about shipping to the island. A public consultation has revealed several common...
Hapag-Lloyd announces “extraordinarily” strong 2022 results
HAPAG-Lloyd’s profits soared last year, according to its preliminary and unaudited figures for the 2022 financial year. The company’s earnings before interest, taxes,...
Police investigate boat possibly linked to containership drug haul
POLICE are appealing for information about a boat that may be linked to a shipment of drugs found on a containership. The Australian Federal Police are investigating a criminal...
Botany Rail Duplication project reaches milestone
THE AUSTRALIAN Rail Track Corporation has reached a bridge works milestone in its Botany Rail Duplication project. As part of the project, ARTC said it is dismantling a rail...
Investigation launched into freight and coal train collision
AN INVESTIGATION is underway following a derailment and collision involving an Aurizon coal train and a Pacific National freight train on Sunday. The incident occurred in...
Marine insurers' portfolios not in line with climate goals: report
EIGHT marine insurers have published data to understand how their hull and machinery insurance portfolios are tracking against the shipping industry’s climate targets. Insurers...
Hapag-Lloyd to acquire share in ports and logistics business
HAPAG-LLOYD has agreed to acquire a share in India’s J M Baxi Ports & Logistics (JMBPL), a terminal and inland transport business. Under an agreement signed on Wednesday (26...
The DCN Weekly: Episode 32
IN THE news this week, Maersk and MSC announced the end of their 2M alliance in 2025. https://open.spotify.com/episode/0Afrvj5Acuuhq7OnLilNBc?si=297f2149d4c74cda The...
Construction to begin on Melbourne intermodal
CONSTRUCTION plans are in place for a $400-million intermodal freight terminal linked to the Port of Melbourne. The Somerton Intermodal Terminal is positioned at an overlap...
2M to end in 2025
MAERSK and MSC will end the 2M alliance in January 2025. The vessel-sharing agreement began in 2015, with the two companies saying its aim was to ensure competitive and...
New noisy nuisance ship niggles Nelson neighbours
THE COMMUNITY around New Zealand’s Port Nelson is complaining about a noisy ship, according to a statement from the port. The port said the ship makes a “noisy low-frequency...
Non-alliance share of container trade is decreasing
Source: Sea-Intelligence As the market strengthened after the initial Covid hit, there was a confluence of small carriers that started to deploy capacity, especially on the...
Adelaide container trade slightly down in December
CONTAINER throughput at Port Adelaide declined in December, according to the latest data available from Flinders Ports. The port handled a total of 25,210 TEU last month – a...
