PC maintains views on port inefficiencies in finalised report
THE PRODUCTIVITY Commission on Monday (9 January) released its inquiry report into Australia’s maritime logistics system. The report, Lifting productivity at Australia’s container...
World Container Index increases for the first time in 43 weeks
DREWRY’S composite World Container Index increased by 0.7% to US$2135.16 per 40-foot container this week – the first increase in 43 weeks. While the index increased this week, it...
275 alternative-fuelled ships ordered in 2022
TWO hundred seventy five ships with alternative fuels (excluding battery-operated vessels) were ordered in 2022, according to DNV’s recently published Alternative Fuels Insight...
Top five global container lines control more than 64% of global capacity
AT the turn of the new year MSC is by far the largest ocean carrier by TEU capacity, followed by Maersk, then CMA CGM and COSCO, according to the latest available data from...
PIL joins MACN
PACIFIC International Lines is now a member of the Maritime Anti-Corruption Network. In a statement PIL said: “By joining MACN, PIL conveys its strong support of anti-corruption...
ONE to acquire controlling stakes in three container terminals
OCEAN Network Express has signed deals to acquire controlling stakes in three container terminals on the US West Coast. ONE is to acquire a 51% stake in each of TriPac and Yusen...
Merry Christmas and happy New Year to all our readers
AS 2022 draws to a close all of us here on the DCN news desk would like to wish our readers a merry Christmas and a safe, happy and prosperous New Year. We hope the coming weeks...
Iberdrola to invest €1.1 billion in Tasmanian green hydrogen and methanol plant
SPANISH energy giant Iberdrola has announced intentions to invest more than €1.1 billion (around $1.7 billion) in a green hydrogen and methanol plant in Tasmania. Iberdrola is...
Man jailed for shipping container cigarette haul
A MAN who orchestrated the import of three million cigarettes into Melbourne in a shipping container has been sentenced to jail. The Australian Border Force launched an...
TOP STORIES OF 2022: Bigger containerships visit Port Botany
MSC TOKYO became the ship with the deepest draught to visit Port Botany in February 2022. The vessel has a draught of 15.1 metres when it entered the port. MSC Tokyo broke a...
The DCN Weekly: Episode 28
TWO big reports made the news this week, one of them being the Australian Transport Safety Bureau's final report on the APL England incident....
CMA CGM teams up with port for shore power
THE CMA CGM Group and Shanghai International Port signed a long-term strategic collaboration to develop the mass scale use of onshore power supply for containerships at the Port...
Fittings in poor condition prior to container loss incident: ATSB
APL England’s fixed container securing arrangements on deck were in a poor state of repair when it lost 50 containers overboard in heavy weather in 2020, according to the...
Tea-packet meth smuggling on the rise: AFP
OVER the past year, the Australian Federal Police have seized more than 2.1 tonnes of so-called tea-packet methamphetamine. According to the AFP, criminal syndicates have adopted...
Søren Skou to retire
THE NEW year will see a new CEO at the head of the world’s second-largest ocean freight carrier. Søren Skou will step down as A.P. Møller - Maersk CEO. The current CEO of the...
