Sydney freight rail projects progress
THE AUSTRALIAN Rail Track Corporation has hit several milestones on its Port Botany Rail Line Duplication and the Cabramatta Loop projects. For the Port Botany project, ARTC...
Maersk working with Spain for large-scale green fuels production
THE SPANISH government and A.P. Moller - Maersk have signed a “general protocol for collaboration” to investigate opportunities for green fuels production at scale in Spain....
The DCN Weekly: Episode 22
THIS past week, unions have issued notices of protected industrial action on Svitzer tugboats almost every day....
Drewry container index drops slightly over the week
DREWRY’S World Container Index decreased by 3% this week, to US$3050 per 40-foot container. The latest composite index figure represents a 67% drop since the same week last year...
Global container numbers to decline for first time in 14 years: Drewry
THE war in Ukraine; sharp rises in global energy and food prices; and increasing rates of inflation continue to have a negative impact on the container shipping industry,...
Big profits for Maersk again, but clouds are on the horizon
MAERSK continues its streak of big profits, with its 16th quarter in a row with year-on-year earnings increases. However, the company has signalled that earnings in its Ocean...
IMO carbon intensity and rating system rules now in force
AMENDMENTS to the International Convention for the Prevention of Pollution from Ships (MARPOL) entered into force on 1 November. The International Maritime Organization said...
LETTER TO THE DCN: IFAW statement on slowing down ships ignores industry effort
Shipping Australia sent the following text to DCN in response to a recently published article concerning the International Fund for Animal Welfare’s call for regulation of vessel...
Shipping line puts in order for 24,000-TEU methanol-capable ships
ORIENT Overseas Container Line has ordered seven methanol-compatible 24,000-TEU containerships. The Hong Kong-headquartered company expects delivery of these new ships to start...
ONE reports significant increases in profits, revenues for 2Q
OCEAN Network Express saw increases in revenues and profits across the board over the second quarter of 2022, according to its most recent financial results statement. The...
Survey finds crew wellbeing is improving, but some welfare issues are not
ACCESS to shore leave has improved over the past few months but seafarers are still struggling with workloads, according to the latest Seafarers Happiness Index report. Mission to...
Industry underestimates danger of lithium-ion batteries, insurers say
FAILURE of lithium-ion batteries poses a larger safety threat to the maritime supply chain than the industry realises, a new whitepaper suggests. The Lithium batteries whitepaper,...
NGO calls for regulation of ship speeds
THE INTERNATIONAL Fund for Animal Welfare is calling on the shipping industry to regulate vessel speeds. An independent economic analysis carried out for the NGO suggests a small...
PIL launches intermodal service
PACIFIC International Lines has announced the launch of PIL Intermodal Services to complement its container shipping service. PIL Intermodal Services offers train, truck and barge...
Record $1.6bn meth haul found in container bound for Australia
A RECORD-BREAKING shipment of liquid methamphetamine, worth $1.6 billion, has been intercepted on its way to Australia in a shipping container. The drugs were concealed in cartons...
