Tibar Bay port officially inaugurated
THE TIMOR-LESTE government has inaugurated the new Tibar Bay deepwater port. The new port was built to ease congestion at nearby Port of Dili, the only international port in...
Tasmania celebrates record container volumes
A RECORD 607,205 TEU transited Tasmanian ports in 2021-22, an increase of more than 2% since 2020-21. Infrastructure and transport minister Michael Ferguson shared the latest...
MP says Newcastle container terminal would bring thousands of jobs to region
INDEPENDENT member for Lake Macquarie Greg Piper said if a container terminal is established at the Port of Newcastle, he sees “thousands” of jobs being created in the area around...
The DCN Weekly: Episode 26
THE Queensland government launched a $21 million grants program this week. The Backing Queensland Maritime Jobs Program is intended to stimulate investment in the state's maritime...
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...
