News
Man lands 18-year sentence over meth in "suspicious" container
A MAN has been sentenced to 18-and-a-half years’ imprisonment for attempting to import 154 kilograms of methamphetamine into Australia in a shipping container. Authorities seized...
Trio launches Asia-Pacific chemicals ship business
JAPANESE shipping company Nippon Yusen Kabushiki Kaisha, tanker operator Eneos Ocean Corporation and chemicals tanker operator Stolt Tankers are joining together to form a...
AMSA bans BBC Jade for incorrectly stowed explosive substances
THE AUSTRALIAN Maritime Safety Authority has issued a 90-day ban for the general cargo ship BBC Jade after inspectors at Port Alma found 57 tonnes of explosive substances...
Lumsden Point hits construction milestone
LUMSDEN Point construction has achieved a construction milestone with the completion of the first stage of the facility’s seawalls. Construction on the second stage of the...
World Container Index declines
THE DREWRY World Container Index decreased by 2% to US$1469 per 40-foot container this past week and has dropped by 43% when compared with the same week last year. The latest WCI...
Energy efficiency measures can reduce underwater noise: report
MOST energy efficiency measures prescribed to the shipping industry can also reduce underwater noise, research from the University of Southampton has found. The new study...
New initiative aims to improve SAR information sharing
THE INTERNATIONAL Maritime Rescue Federation has launched an initiative developed to improve maritime SAR operations. The IMRF #SaferSAR initiative, funded by Lloyd’s Register...
Beveridge terminal survives infrastructure pipeline overhaul
THE BEVERIDGE Intermodal Terminal has withstood the infrastructure pipeline overhaul that cancelled 50 other infrastructure projects. National Intermodal, the company leading the...
Baltic Exchange weekly report
THE BALTIC Dry Index increased steadily over the past week, reaching 1820 on Friday (17 November). This was a 10.8% increase on the previous Friday’s index, and the highest point...
Third-quarter results show Zim in the red
ISRAELI ocean carrier Zim reported a third-quarter loss of US$2.27 billion compared with a net income of US$1.166 billion in the third quarter of 2022. The company’s revenues for...
SAL calls on minister to intervene in DP World industrial dispute
SHIPPING Australia has called on minister for employment and workplace relations Tony Burke to issue a ministerial declaration to stop the Maritime Union of Australia’s protected...
Minister says NSW has a unique opportunity to take action on freight
NEW South Wales minister for transport Jo Haylen said there is an opportunity for the state government to reform freight policy in the state. Speaking at Wednesday’s DCN...
Federal government reviewing freight strategies: minister
MINISTER for infrastructure and transport Catherine King said the government is “undertaking a look at the freight and supply [chain] strategy”. The minister was speaking at the...
PPA handles 63.3 million tonnes in October
PILBARA Ports handled a total throughput of 63.3 million tonnes in October, in line with volumes in the same month last year. The Port of Port Hedland achieved a monthly...
Silk terminates Kemps Creek lease agreement
SILK Logistics is terminating its agreement for lease of a site in Kemps Creek NSW, where it intended to build new company warehouses. The ASX-listed company announced in November...
