News
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...
One-tonne cocaine haul intercepted at Port Botany
AUSTRALIAN Border Force officers seized more than a tonne of cocaine from two shipping containers at Port Botany last week. The Australian Federal Police is now seeking...
Freight train derailment causes container pile-up, closes rail corridor
A FREIGHT train derailed in Victoria on Monday morning (14 November) leaving a pile-up of damaged shipping containers on the tracks. The incident occurred between Inverleigh and...
The DCN Weekly: Episode 23
THIS week's episode of The DCN Weekly features special coverage of the 2022 DCN Australian Shipping & Maritime Industry Awards. Record numbers of guests came together in Melbourne...
Drewry container index sees 37th consecutive week of decreases
DREWRY’S composite World Container Index decreased by 9% to US$2773.49 per 40-foot container this week. The composite index decreased by 9% this week, the 37th consecutive weekly...
Taskforce launches plan to upskill seafarers for energy transition
THE MARITIME Just Transition Task Force has launched an action plan to help governments and industry train seafarers to handle alternative fuels. United Nations organisations,...
Container surplus to continue into 2023: report
THE INDUSTRY is witnessing a major slump in the order-to-inventory ratio with high inventories but slower demands, according to the November edition of the Container xChange...
Bookings are closed for DCN Shipping & Maritime Industry Awards
The 2022 DCN Australian Shipping & Maritime Industry Awards are on TONIGHT in Melbourne! With the awards kicking off in a matter of hours, DCN wishes to advise the event is now...
Maritime unions announce more industrial action at Svitzer
MARITIME unions have announced yet more industrial action for Svitzer Australia tug masters, engineers and deckhands. In a notice, the towage operator said it is “experiencing a...
New leadership at Royal Wolf
ROYAL Wolf has appointed Greg Allan as its new executive general manager Australia. Mr Allan has previously worked in executive roles at Coca-Cola Amatil, Qantas and Coates Hire....
ICTSI reports revenue, throughput and profit increases
INTERNATIONAL Container Terminal Services reported big increases in revenue and profits over the first nine months of 2022. The Victoria International Container Terminal parent...
Zim opens agency in New Zealand
NEW York Stock Exchange-listed container line Zim has opened a fully-owned agency in New Zealand. The new agency replaces its third-party agent in the country, effective 1...
