DSV Panalpina finalises acquisition of Agility’s Global Integrated Logistics
GLOBAL freight company DSV Panalpina is expected to finalise the purchase of Agility’s Global Integrated Logistics business for DKK 30.2-billion ($6.53 billion). DSV said the...
DCN top stories for the week of 9-13 August
AT the top of the list of most-read stories covered by DCN this past week was our exclusive about Auriga Group and Brisbane Marine Pilots joining forces. The news comes as...
Incidents of piracy and robbery against ships in Asia down in first half
ACCORDING to the ReCAAP Information Sharing Centre, there were five incidents of armed robbery against ships reported in Asia in July 2021. No piracy incident was reported. This...
Containers continue meteoric rise
RESEARCH firm Drewry’s composite World Container index increased marginally by 0.5% or $50 to reach $9,421.48 per 40-foot container this week. That’s 358% higher than the same...
‘Inhumane’ port restrictions highlight flaws in implementation of maritime law
A RECENT study on the protection of human rights in the maritime environment has highlighted the harmful impacts of turning ships away from ports and preventing crews from...
Hapag-Lloyd achieves good result in first half of 2021
SHIPPING LINE Hapag-Lloyd has published its financial and performance results for the first half year of 2021, confirming what it had forecast last week. That is, EBITDA of US$4.2...
Wärtsilä to supply engines for new Spirits of Tasmania
FINNISH manufacturer Wärtsilä is to supply the engines and fuel gas supply systems for TT-Line’s new Spirit of Tasmania vessels. Rauma Marine Constructions is building the two...
Analysis suggests carriers blank some trans-Pacific routes more than others
TRANS-PACIFIC services operated by major shipping alliances are being disrupted by blank sailings due to factors such as port congestion and the need to balance supply and demand,...
Qatar Airways Cargo and WiseTech Global implement direct data connection
QATAR Airways Cargo and Australian logistics software developer WiseTech Global have begun a direct data connection between their global operating systems. According to the...
The issue of vessels delays goes beyond just transport costs
RECENT vessel-tracking data from project44 reveals substantial year-over-year increases in vessel and shipment delay times across most major trade lanes connecting China to the...
Congestion causes more port omissions in Australia and NZ
BOTH Hapag-Lloyd and ANL have announced port omissions and rotation changes due to congestion in ports around the Pacific basin. Hapag-Lloyd has announced changes to its service...
Damen transhipment crane barge ordered for Cape York operations
DAMEN Shipyards is to deliver a new transhipment crane barge to Transhipment Services Australia for operations at Cape York in far-north Queensland. The Netherlands-based...
Australian company’s acquisition strengthens e-commerce offering
TRANSPORT and logistics company cargo-partner has acquired fellow logistics company Associated Customs & Forwarding (ACF). Operating from a Melbourne base, cargo-partner provides...
Maersk reports record earnings
A.P. Moller - Maersk, in its Q2 financial report for 2021, reported big increases in revenues and profits, while separately announcing the acquisition of two logistics operations...
Aurizon reports improved revenue and earnings
RAIL operator Aurizon has released its annual report for the year ended 30 June 2021. It shows EBIT improved by $46.5 million (10%) to $505.3 million in FY2021, with increased...
