October increase in Brisbane throughput
PORT of Brisbane saw a significant increase in container volumes crossing the wharves over October, according to the latest trade statistics from the port. Brisbane handled a...
Port of Brisbane's economic contribution set to rise
PORT of Brisbane and its supply chain contributed around $7.8 billion to the Queensland economy in the 2022 financial year, new research has found. Port of Brisbane commissioned a...
Freight rates continue decline
LONG-term ocean freight rates suffered a steep month-on-month decline in November as subdued spot prices, weak demand, and ongoing economic uncertainty caught up with contracted...
Changes to Southeast Asia shipping service
SWIRE Shipping is planning to upgrade its Southeast Asia (SEA) shipping service this month. The upgraded SEA service is scheduled to commence in mid-December with containership...
Melbourne sees significant October throughput uptick
PORT of Melbourne’s total container throughput saw a marked increase this past October, compared with the same month last year, according to the latest available trade data from...
Container shipping market on track to normalisation, analyst says
THE LATEST shipping market overview and outlook from BIMCO indicates the container market is on track to normalisation. Shipping association BIMCO publishes shipping market...
Maersk and IBM to discontinue TradeLens
MAERSK and IBM are discontinuing global trade platform TradeLens. Technology corporation IBM and Maersk division GTD Solution developed the blockchain-enabled platform in 2018. By...
UNCTAD calls for greater investment in ports and shipping
THE UNITED Nations Conference on Trade and Development is calling for greater investment in ports, shipping fleets and landside logistics. UNCTAD explored issues in the maritime...
Biosecurity Act amendments increase fines
NEW amendments, to the Biosecurity Act 2015 will increase penalties for breaches of the act. These amendments, which passed Parliament this week, allow the government to react...
Early works begin on NSW Inland Rail section
THE AUSTRALIAN Rail Track Corporation has commenced early works along the Albury to Illabo (A21) Inland Rail section. ARTC said the New South Wales minister for planning declared...
CMA CGM Q3 results show slowdown in profits
CMA CGM reported a slowdown in revenue and profit growth over the third quarter of 2022. The company said the quarter was “shaped by persistent geopolitical tensions” and...
ANL helps the kelp
ANL, in collaboration with the University of Tasmania, has launched the K-Help Initiative, which aims to restore the giant kelp forests of south-east Tasmania. Seaweed is an...
The DCN Weekly: Episode 25
In the news, a direct shipping service between Tasmania and New Zealand commenced last week. The launch was marked as a ship received the first load of cargo in Port of Devonport....
World Container Index drops again
DREWRY’S composite World Container Index has decreased by 7% to US$2404.46 per 40-foot container. This is the 39th consecutive weekly decrease, this week’s figures marking a 74%...
Firefighting helicopter arrives, takes off from Port Botany
A CH-47D Chinook helicopter that will join New South Wales’ firefighting arsenal for the upcoming bushfire season arrived at Port Botany’s Patrick Terminals this week. The Coulson...
