News
Maersk Line and Hope Hicks settle sexual assault case
MAERSK Line and former midshipman Hope Hicks have resolved Ms Hick’s litigation case against the company for sexual assault and harassment on one of its ships. Ms Hicks brought a...
Shipping line to bolster Australia-Pacific Islands service
SWIRE Shipping is bolstering its services between Australia and the Pacific Islands. The company is to phase the Melanesian Chief into the service from mid-December. The vessel is...
Port of Newcastle cranes load first containership
PORT of Newcastle has, for the first time, used its two new mobile harbour cranes to load a containership. Port of Newcastle bought the Liebherr LH 550 mobile harbour cranes in...
The DCN Weekly: Episode 24
On Friday this week, the Fair Work Commission issued an order suspending Svitzer's lockout of its maritime employees, along with all industrial action by the company and unions...
World Container Index continues to plummet
DREWRY’S composite World Container Index decreased by 7% this to US$2591.41 per 40-foot container. This was the 38th consecutive weekly decrease. The index has dropped by 72% when...
Zim posts record results for first nine months of 2022
ZIM has posted a record net income for the first nine months of 2022, but TEU volumes decreased in the same period. The company reported a net income of US$4.2 billion for the...
Re-opening set for freight corridor as containers cleared from derailment site
A RAIL corridor closed by a derailed freight train is expected to re-open next week The Melbourne-Adelaide rail corridor has been closed since Monday (14 November), when a...
AMSA co-ordinates medevac off South Australia
THE AUSTRALIAN Maritime Safety Authority has co-ordinated a medical evacuation from a ship off South Australia. Containership Sydney Express was near Kangaroo Island on Tuesday...
Better connectivity at sea can support decarbonisation, report says
A STRATEGIC approach to connectivity at sea could influence the outcome of the shipping industry’s decarbonisation efforts, a new report suggests. Global satellite communications...
Recovery work begins after freight train derailment
WORK is underway to bring a rail corridor back into service after a freight train derailment on Monday (14 November). The train derailed at around 0530 on Monday morning, between...
Tug situation threatens Christmas: minister
MINISTER for employment and workplace relations Tony Burke on 2GB Breakfast today said he was “devastated by the way the whole dispute has unfolded”. Svitzer on Monday announced...
OPINION: Implications for insurers and suppliers of Svitzer lockout
By Mills Oakley partner Maurice Lynch and lawyer George Glen SVITZER is a leading marine towage company whose services are critical to allowing container ships and bulk carriers...
New regional leader at Hapag-Lloyd
HAPAG-Lloyd has appointed Stuart Sandlin as president of the company’s North America operations. Mr Sandlin is taking the place of Uffe Ostergaard in the role. Mr Sandlin is...
Hapag-Lloyd's profit more than doubles in first nine months of 2022
HAPAG-LLOYD's profit in the first nine months of 2022 was up 120% on the same period last year, while its TEU volumes increased by less than 0.1% Group profit reached US$14.7...
Containership fire prevention methods inadequate, insurer says
FREIGHT transport and logistics insurer TT Club is calling for a better approach to preventing containership fires. TT Club said it believes regulation and fire-fighting technique...
