Maersk increases guidance, announces big quarterly profits
MAERSK has reported second-quarter 2022 profits ahead of its previous expectations. The company reported its revenue for the quarter was US$21.7 billion, its underlying EBITDA was...
Port of Newcastle’s new mobile harbour cranes arrive
“As the saying goes, ‘if you build it, they will come’, which is essentially what we are doing,” Port of Newcastle CEO Craig Carmody said on the arrival of the port’s two new...
Geodis reports strong 2022 performance, but notes uncertainty of maritime pressures
LOGISTICS group Geodis has reported revenues of €6,748 million for the first half of 2022, an increase of 34% in comparison to the first half of 2021. The group said the increase...
Crew survey points to "the beginning of the end" of COVID challenges at sea, mostly
THE SEAFARERS Happiness Index has revealed “a welcome rise in optimism” for the second quarter of 2022, as solutions to crew welfare challenges emerge. The index is an initiative...
NPDL announces new containership on South Pacific network
NEPTUNE Pacific Direct Line has announced it will welcome a new vessel to its fleet next month. Capitaine Tupaia, a geared 22,314 DWT, 1713 TEU nominal vessel, is expected to join...
Hapag-Lloyd earnings soar while volumes are flat
HAPAG-Lloyd posted significant earnings increases for the first half of 2022, and it raised its earnings outlook for the full year. These increases were not the result of...
DP World reports increasing volumes and productivity
DP World Australia has reported strong growth in container throughput and efficiency at its terminals. It said waterside performance increased in 2021 compared to 2020,...
Melbourne records container throughput bump in June
PORT of Melbourne saw an increase in container throughput in June compared with the previous month, but there was a decline when compared with throughput in June 2021. June 2022...
Union expresses concern over DPWA’s employee performance dashboard
THE Maritime Union of Australia has spoken out against an employee performance data dashboard system that DP World Australia has recently rolled out. According to a DP World...
Global demurrage and detention charges are 12% than pre-pandemic times: report
THERE was a major spike in demurrage and detention charges in 2021, according to Container xChange’s Demurrage & Detention: Annual Benchmark 2022, which was released this week....
Port breaks FY record with 500,000 TEU
LYTTELTON Port Company exchanged the 500,000th TEU for the 2022 financial year in the last week of June. This is the first time the South Island port handled such cargo volumes...
European shippers call for review of competition rules
TEN organisations, which represent the owners and forwarders of cargo; port terminal operators; and other sectors dependent on container shipping, have issued a call for the...
Ports Australia announces agenda for long-awaited Biennial Conference
PORTS Australia has announced the agenda for its upcoming Biennial Conference in Brisbane, underpinned by the theme of "Risk and Resilience". Following a two-year delay caused by...
THE DCN WEEKLY EPISODE 7: A roundup of the week's news
THIS week in The DCN Weekly, we cover top news stories such as the loss of 55 containers as APL Vanda sailed from Singapore to Suez earlier this month, and industrial action at...
Silk Logistics acquires Fremantle Freight & Storage
MELBOURNE-based Silk Logistics has acquired Fremantle Freight & Storage Group for $23.6 million upfront, and a further $7.8 million contingent on achieving financial milestones...
