“Barometer” on exports shows industry confidence
THE results of the annual DHL Export Barometer signal a strong recovery in Australian exports. This year, 69% of Australian businesses surveyed believe that their export revenue...
No correlation between reliability and freight rates: analysis
OCEAN freight analyst Sea-Intelligence analysed the relationship between container lines’ schedule reliability and freight rates and found no connection. Sea-Intelligence CEO Alan...
$5 billion R&D fund proposal on the table at IMO meeting
ONE week after the Glasgow climate conference, 174 governments will meet at the International Maritime Organization (IMO) in London to address the pressing carbon emission...
ACFS Port Logistics hit with cyberattack
ACFS Port Logistics was hit with a cyberattack in the early hours of Tuesday morning. The company’s managing director and CEO, Arthur Tzaneros, told DCN that he expected the...
Maersk nixes Napier on OC1 service
MAERSK Line is to cease its bi-weekly call at Napier, NZ on its OC1 service and it is to re-instate a weekly call at Port Chalmers, NZ. The change is to be effective from the MVS...
BAL Container Line opens new route from China to Australia
BAL CONTAINER Line has launched a new liner service from China to Australia. The first vessel – ALS Ceres, a Marshall Islands-flagged 4395-TEU containership – called Brisbane on...
Yara to operate world’s first emission-free container ship
THE world's first electric and self-propelled container ship, Yara Birkeland, has made its maiden voyage in the Oslo fjord in Norway. Svein Tore Holsether, CEO of Yara said, “We...
CMA CGM reports huge revenue growth last quarter
CMA CGM Group reported an 89.4% increase in consolidated revenue for the third quarter of this year, compared with Q3 2020. The French ocean freight and logistics colossus earned...
QLD men charged after nearly 540kg of cocaine was smuggled in reefer
IN a joint release, law enforcement agencies have reported that two Queensland men are scheduled to face the Brisbane Magistrates Court on 19 November, charged with possessing...
OSK Line converts microplastics into energy
MITSUI OSK Lines and its project partner have successfully produced carbon products, a potential source of energy comparable to wood pellets, from microplastics and microalgae...
Big 2021 throughput at DPWA’s Botany terminal
DP WORLD Australia’s Sydney terminal handled its 1 millionth TEU for 2021 in early November. The milestone comes, the stevedore said, across 345 vessels at an average exchange of...
Poseidon Sea Pilots gearing up to begin operations at Brisbane
IN a press release, Poseidon Sea Pilots said they are “ready to go” as the clock ticks down to the day they take over pilotage duties in Brisbane. The group last year won the...
PIL introduces new service
PACIFIC International Lines is introducing a new weekly direct service that connects ports in China, Singapore and west Malaysia. The new China Straits Service (CSS) will begin on...
Zim reports record financial results for Q3
IN its third quarter 2021 results, Israeli shipping line Zim reported its highest-ever quarterly net income at US$1.46 billion. The results prompted the company to adjust its 2021...
Swire Shipping steps onboard as sponsor for Fijian Drua
SWIRE Shipping announced that it has signed a two-year sponsorship deal which will see the company become the branding and naming rights sponsor to the Fijian Drua, Super Rugby...
