Zim sees grim second quarter
CONTAINER shipping line Zim’s financial results for the second quarter of 2023 show a slight increase in volumes, but revenues and profits falling off a cliff. The company’s net...
Höegh Autoliners to digitalise entire fleet
HÖEGH Autoliners has formalised an agreement to digitalise its entire fleet, including its new Aurora class vessels. Höegh’s agreement with Kongsberg Digital covers the remaining...
DP World aims to increase global capacity
DP WORLD aims to add about 3 million TEU of new container-handling capacity to its international operations by the end of this year. The Dubai-based container terminal operator...
Wallenius Wilhelmsen reports big numbers in Q2
WALLENIUS Wilhelmsen’s second-quarter results – released on Tuesday (15 August) – showed the ro-ro specialist ocean carrier in a strong financial position. The company reported...
AiP issued for ammonia fuel supply system for tanker and containership
CLASSIFICATION society ClassNK has issued an approval in principle for an ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy Industries....
Hapag-Lloyd profit tumbles in H1
HAPAG-LLOYD’S profit fell 66% in the first half of this year and almost 78% in the second quarter. The company’s first-half profit dropped from US$9.5 billion last year to US$3.1...
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...
