Vessel operating costs rising: report
INFLATION of vessel operating cost inflation has accelerated in 2022, according to maritime consultancy Drewry’s Ship Operating Costs Annual Review and Forecast 2022/23 report....
Government to amend Secure Jobs, Better Pay Bill
THE AUSTRALIAN government is introducing amendments to the Secure jobs, Better Pay Bill in Parliament today (Tuesday 8 November). Discussions about possible advantages and...
Australian H2 tech developer appoints strategic advisor
AUSTRALIAN hydrogen company Provaris has appointed a strategic advisor to support the company’s team in Norway. The company’s Norway office is working on opportunities for...
Maritime taskforce to launch action plan at COP27
THE MARITIME Just Transition Task Force plans to use its position at COP27 to launch new material on seafarers' role in the shipping industry’s energy transition. The taskforce...
New ship and rotation on trans-Tasman service
ANL has added a Sydney loop to its ANZ Shuttle service and a new containership to facilitate the rotation. The new trans-Tasman loop calls Tauranga, Brisbane and Sydney. The...
WA shipbuilder delivers third vessel under RAN contract
SHIPBUILDER Austal Australia has delivered the third of eight Cape-class patrol boats to the Royal Australian Navy. Austal built ADV Cape Naturaliste in Western Australia under a...
Maersk working with Spain for large-scale green fuels production
THE SPANISH government and A.P. Moller - Maersk have signed a “general protocol for collaboration” to investigate opportunities for green fuels production at scale in Spain....
The DCN Weekly: Episode 22
THIS past week, unions have issued notices of protected industrial action on Svitzer tugboats almost every day....
Drewry container index drops slightly over the week
DREWRY’S World Container Index decreased by 3% this week, to US$3050 per 40-foot container. The latest composite index figure represents a 67% drop since the same week last year...
Airline launches cargo service for NT mango haul
CATHAY Pacific Cargo has launched a seasonal air cargo service to export mangoes from the Northern Territory. The airline said it will operate one flight out of Darwin each week...
Global container numbers to decline for first time in 14 years: Drewry
THE war in Ukraine; sharp rises in global energy and food prices; and increasing rates of inflation continue to have a negative impact on the container shipping industry,...
Heavy equipment for $1.8-billion energy project arrives in Port Kembla
TWO transformers weighing more than 118 tonnes each have arrived in Port Kembla aboard general cargo ship AAL Fremantle. They are the first major pieces of electrical equipment to...
Big profits for Maersk again, but clouds are on the horizon
MAERSK continues its streak of big profits, with its 16th quarter in a row with year-on-year earnings increases. However, the company has signalled that earnings in its Ocean...
WiseTech acquires data-entry automation business
SOFTWARE company WiseTech Global has acquired Shipamax, a data-entry automation software business. Shipamax uses and AI and machine learning to convert unstructured data – such as...
Change in Teekay management
TEEKAY Corporation executive vice-president and chief financial officer Vince Lok is retiring after nearly 30 years with the company; he has been the company’s CFO for the past 16...
