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...
Crew survey points to "the beginning of the end" of COVID challenges at sea, mostly
THE SEAFARERS Happiness Index has revealed “a welcome rise in optimism” for the second quarter of 2022, as solutions to crew welfare challenges emerge. The index is an initiative...
Hapag-Lloyd earnings soar while volumes are flat
HAPAG-Lloyd posted significant earnings increases for the first half of 2022, and it raised its earnings outlook for the full year. These increases were not the result of...
DP World reports increasing volumes and productivity
DP World Australia has reported strong growth in container throughput and efficiency at its terminals. It said waterside performance increased in 2021 compared to 2020,...
Global demurrage and detention charges are 12% than pre-pandemic times: report
THERE was a major spike in demurrage and detention charges in 2021, according to Container xChange’s Demurrage & Detention: Annual Benchmark 2022, which was released this week....
DSV reports big profit growth in half-year results
DANISH transport and logistics colossus DSV has reported significant increases in profit over the first half of this year. The company’s gross profit grew 61% in the half,...
European shippers call for review of competition rules
TEN organisations, which represent the owners and forwarders of cargo; port terminal operators; and other sectors dependent on container shipping, have issued a call for the...
Australian shipbuilder to build two tow, salvage and rescue ships
ASX-listed Austal has announced its US subsidiary was awarded the contract to build two Navajo-class towing, salvage and rescue ships. The contract is worth US$156.2 million With...
Australia joins international supply-chain forum
AUSTRALIA participated in the Global Supply Chain Resilience Forum last week. Minister of industry and science Ed Husic joined the virtual ministerial forum, which was hosted by...
Global logistics company reports turnover, profit increases in H1 2022
KUEHNE+Nagel reported a year-on-year net turnover increase of 55% in the first half of this year. The logistics company’s turnover came to CHF 20.6 billion ($30.88 billion) in the...
THE DCN WEEKLY EPISODE 7: A roundup of the week's news
THIS week in The DCN Weekly, we cover top news stories such as the loss of 55 containers as APL Vanda sailed from Singapore to Suez earlier this month, and industrial action at...
Research shows 168% increase in Asia-Pacific maritime cyber attacks
A CYBER risk management code established by the International Maritime Organization is helping shipowners manage cyber threats, but Inmarsat warns it will take more than...
The week in bulk: A generally positive week
THE Baltic Dry Index was relatively steady over the past week. On Friday (22 July) it stood at 2146. This was roughly in line with where it ended the previous week. The Baltic Dry...
New RoRo Cube supports shipment of EV products
WALLENIUS Wilhelmsen has announced it is developing a standardised packaging cube to enable electric vehicle products be shipped on ro-ro vessels. The RoRo Cube is being developed...
Alleged "grain laundering" trend emerges amid Russia-Ukraine conflict
MARITIME technology company Windward has identified a “worrisome” new trend in grain laundering, building off Russia’s alleged theft of Ukrainian grain. Grain laundering,...
