News
Shipping line to bolster Australia-Pacific Islands service
SWIRE Shipping is bolstering its services between Australia and the Pacific Islands. The company is to phase the Melanesian Chief into the service from mid-December. The vessel is...
Port of Newcastle cranes load first containership
PORT of Newcastle has, for the first time, used its two new mobile harbour cranes to load a containership. Port of Newcastle bought the Liebherr LH 550 mobile harbour cranes in...
Direct shipping between Tasmania and NZ begins
A DIRECT shipping service between Tasmania and New Zealand commenced last week. The launch of the new service was marked as general cargo vessel Muntgracht received the first...
The DCN Weekly: Episode 24
On Friday this week, the Fair Work Commission issued an order suspending Svitzer's lockout of its maritime employees, along with all industrial action by the company and unions...
Baltic Exchange weekly market report
THE BALTIC Dry Index fell further this past week. It started at 1325 on Monday (14 November) and ended the week at 1189 on Friday (18 November). The Baltic Dry Index for the week...
World Container Index continues to plummet
DREWRY’S composite World Container Index decreased by 7% this to US$2591.41 per 40-foot container. This was the 38th consecutive weekly decrease. The index has dropped by 72% when...
Three jailed for one-tonne meth transfer at sea
THREE men who helped transfer nearly one tonne of meth in the middle of the ocean have been sentenced to jail. The Australian Border Force said the men transported 992 kilograms...
Zim posts record results for first nine months of 2022
ZIM has posted a record net income for the first nine months of 2022, but TEU volumes decreased in the same period. The company reported a net income of US$4.2 billion for the...
Port posts FY revenue increase, profit decrease
NEW Zealand’s Napier Port reported an increase in revenue for the 12 months through September 2022, while its throughput decreased from a record set the previous year. The...
Stevedores, port operators, Svitzer and unions weigh in on lockout in FWC submissions
IN written submissions to the Fair Work Commission, several parties involved detailed the devastating impact the lockout would have on Australian shipping, port operations and the...
Sydney Bethel Union celebrates 200 years
FRIENDS and supporters of the Sydney Bethel Union gathered on Wednesday night (16 November) to celebrate the maritime charity’s 200th anniversary. SBU traces its history back to...
Unions withdraw Svitzer industrial action notices
THE INDUSTRIAL dispute between Svitzer and the maritime unions took another turn late yesterday with the unions withdrawing all notices of protected industrial action. However,...
Governments urged to do more for shipping's role in energy transition
A REPORT suggests deficiencies in international government projects and policies are holding back investment in the shipping infrastructure needed to support the global energy...
IMO adopts new code for ships carrying workers offshore
THE INTERNATIONAL Maritime Organization’s Maritime Safety Committee has adopted a mandatory code for ships carrying industrial workers to offshore facilities. The IMO Maritime...
AMSA co-ordinates medevac off South Australia
THE AUSTRALIAN Maritime Safety Authority has co-ordinated a medical evacuation from a ship off South Australia. Containership Sydney Express was near Kangaroo Island on Tuesday...
