Silk Logistics reports bumper FY22
SILK Logistics reported a 2021-22 underlying net profit after tax of $115.8 million – an increase of 45% on the previous financial year. The ASX-listed logistics company’s...
Port of Melbourne continues with proposed capacity enhancement program
PORT of Melbourne is working through the next steps in its Port Capacity Enhancement Program. These steps, the port said, would help determine when additional capacity is needed....
Hapag-Lloyd to upgrade 150 ships
HAPAG-Lloyd has announced plans to upgrade 150 ships to technically modernise its fleet and reduce carbon emissions. The launch of the company’s Fleet Upgrade Program follows the...
Container trade volumes up at Port of Melbourne
PORT of Melbourne has reported strong container volumes in July, ahead of the traditional peak season. Total container throughput reached 285,561 TEU last month, up 3.7% on...
Industry drops Indian Ocean "high-risk" piracy classification
FROM 1 January 2023, the boundaries of the high-risk piracy area off the coast of Somalia will no longer exist. The global maritime industry bodies have decided to declassify the...
Police seize dangerous illicit drugs from Melbourne sea cargo container
THE Australian Federal Police has seized the largest shipment ever detected in Australia of the deadly opioid fentanyl following a joint operation with the Australian Border...
NSW man jailed for cocaine container shipment
A MAN has been sentenced to nine years in jail for a shipment of 188 kilograms of cocaine found in a shipping container in 2019. The New South Wales man was arrested as part of an...
Maersk announces new bio-methanol partnership
MAERSK has partnered with Chinese bioenergy technology company Debo on plans to develop a bio-methanol project for Maersk in China. A letter of intent signed by the companies...
$15 million supply chain project supports QLD producers
QUEENSLAND’S agriculture sector is positioned to benefit from a $15 million supply chain project boosting access to domestic and international markets. An initiative of Hort...
THE DCN WEEKLY: EPISODE 11
The news this week ended with the launch of industrial action at Darwin Port. A dispute brewing over the past month led to work stoppages and a series of indefinite work bans as...
LETTER TO DCN: ACCI executive speech didn’t capture the full picture
SIR, Recently, Australian Chamber of Commerce and Industry (ACCI) chief executive Andrew McKellar gave an address at the National Press Club of Australia in which he singled out...
Noisy nuisance ship niggles neighbours
A NOISY containership has left a trail of complaints across Australian and New Zealand ports and apologies to disturbed residents of port communities. Safeen Prime is operated by...
Three charged for alleged Botany sea-cargo drug smuggling
DRUG and Firearms Squad detectives have charged three men following the seizure of almost 750 kilograms of methylamphetamine. Police allege the drugs were imported by a criminal...
Freight rates to decline on lower vessel utilisation: analyst
WITH vessel utilisation rates declining, ocean shipping analyst Sea-Intelligence said freight rates are due for a decline. Sea-Intelligence CEO Alan Murphy said even though demand...
Shipping lines join forces on maritime job redesign
THE SINGAPORE Maritime Foundation has partnered Pacific International Lines and Pacific Carriers on a pilot project aimed at attracting new talent to the maritime industry. The...
