Global demand for coal set to increase despite slowing economy
CONSUMPTION of coal is to rise slightly over 2022 to the record levels reached nearly a decade ago, according to a recent report from the International Energy Agency. According to...
The week in bulk: BDI continues decline
THE Baltic Dry Index saw a marked decline last week. The index ended the week on Friday (5 August) at 1560, the lowest point since February this year. The index fell 17% last week...
THE DCN WEEKLY: EPISODE 9
This week, industrial action unfolded across Australian ports after towage operator Svitzer Australia lodged a FWC application to terminate its enterprise bargaining agreement...
ILO urges industry to take action against discrimination and abuse at sea
THE INTERNATIONAL Labour Organization is calling for stronger action in preventing discrimination, physical abuse and mental abuse at sea. The ILO’s Special Tripartite Committee...
Zim and WiseTech Global announce data exchange partnership
WISETECH Global and Zim have partnered to exchange data through a direct connection between their systems. The intent of the CargoWise-Zim data connection is to provide CargoWise...
Unions respond to Svitzer’s plan to cancel EBA
THREE unions that represent maritime workers employed by Svitzer Australia said they had called on the company to return to the negotiation table to negotiate a new enterprise...
RightShip to expand with acquisition of maritime tech business
ESG focused digital maritime platform RightShip is acquiring a maritime technology business from Thynk Software, expanding its team and capabilities. Once the acquisition is...
Trade records broken at Australian port
THE Port of Mackay has broken a decade-long record to post its biggest trade year by volume. Queensland treasurer and trade minister Cameron Dick said the 3.6-million-tonne...
Very big ship delivered to ABS class
EVER Alot has been delivered to ABS class. According to ABS, the vessel is the largest containership in the world with just over 24,000 TEU capacity. The vessel is the latest in...
Maersk increases guidance, announces big quarterly profits
MAERSK has reported second-quarter 2022 profits ahead of its previous expectations. The company reported its revenue for the quarter was US$21.7 billion, its underlying EBITDA was...
Svitzer to commence EA termination proceedings, unions give notice of industrial action
SVITZER Australia on Monday plans commence proceedings to cancel its enterprise agreement with the Australian Maritime Officers Union, the Australian Institute of Marine and Power...
Singapore and Rotterdam to establish “green and digital corridor”
THE Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a memorandum of understanding to establish what they say is the world’s longest “green and...
Port of Newcastle’s new mobile harbour cranes arrive
“As the saying goes, ‘if you build it, they will come’, which is essentially what we are doing,” Port of Newcastle CEO Craig Carmody said on the arrival of the port’s two new...
First ship carrying grain out of Ukraine departs Port of Odesa
A SHIP carrying 26,527 tonnes of Ukrainian corn is underway in the Black Sea, having departed Port of Odesa on Monday. It is the first to transport grain out of Ukraine since...
Geodis reports strong 2022 performance, but notes uncertainty of maritime pressures
LOGISTICS group Geodis has reported revenues of €6,748 million for the first half of 2022, an increase of 34% in comparison to the first half of 2021. The group said the increase...
