World Container Index inches up again
THE LATEST Drewry World Container Index increased by 1.7% to US$1790.60 per 40-foot container this past week. The WCI and has dropped by 72.2% when compared with the same week...
MOL to crew and operate Japan's first arctic research icebreaker
TWO MOL subsidiaries have been chosen to supply crew for Japan’s first arctic research icebreaker and operate the vessel once it is delivered. MOL Ship Management and MOL Marine &...
The DCN Weekly: Episode 60
IN THE news this week, Silk Logistics acquired port and bulk logistics provider Secon in a deal announced last Friday....
Panama shipowners association joins ICS
THE ASSOCIATION of Panamanian Shipowners (ARPA) has joined the International Chamber of Shipping as an associate member. Shipowners and vessel operators launched ARPA in 2020 with...
Government awards grant to boost Aussie veg sales in Europe
THE AUSTRALIAN government has announced a grant to improve market access for Australian vegetables in Europe. The government awarded Australia’s peak body for vegetable growers,...
Reefer trades resilient in tough times: Drewry
REEFER container freight rates continue to outperform the dry cargo trade, despite an unprecedented contraction in reefer seaborne trade last year, according to maritime...
Incat Crowther crew boat launched
INCAT Crowther has announced the launch of the first of three new crew boats built for operation in Qatar. The Australia-headquartered company designed the vessels for Nakilat...
OOCL receives its fourth 24,188-TEU containership
ORIENT Overseas Container Line this week received its fourth new 24,188-TEU containership. OOCL Felixstowe was officially named at a ceremony on 8 August at the Dalian COSCO KHI...
Patrick welcomes Maersk's rainbow container
MAERSK’S elusive rainbow container turned up at Port Botany this week. Patrick Terminals welcomed the 40-foot symbol of diversity and inclusion at its Sydney AutoStrad. The...
MOL and MSC join decarbonisation coalitions
MITSUI O.S.K. Lines and MSC have joined coalitions aiming to decarbonise the shipping industry. MOL has signed a five-year impact partnership agreement with the Global Centre for...
Crew report pay problems and food shortages in Q2 happiness index
SEAFARERS reported unmanageable workloads, disregarded contracts and insufficient food supplies in the latest Seafarers Happiness Index survey. The quarterly index, published by...
MSC acquires majority stake in cargo airline
MSC has bought a majority stake in Italian air freight carrier AlisCargo Airlines with plans to acquire the entire airline. MSC expects to acquire 100% of the Milan-based carrier...
Maersk Q2 revenue down across the board
MAERSK’s revenue dropped 40% in the second quarter of 2023 and its EBITDA plunged 72%. The company’s Q2 revenue of US$13 billion was down from the US$21.7 billion it posted in the...
The DCN Weekly: Episode 59
IN THE news this week, a ballot for protected industrial action filed by the Australian Maritime Officers Union received unanimous support from its members working for Poseidon...
Fire-ravaged Fremantle Highway arrives in port
FREMANTLE Highway has arrived at the Dutch port of Eemshaven, scorched but no longer ablaze. The ro-ro vessel caught fire on 25 July while underway off the Netherlands and burned...
