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,...
K Line to purchase more kite systems for bulkers
KAWASAKI Kisen Kaisha has signed a contract with Airseas for the installation of three Seawings on bulk carriers. The Seawing is an automatic kite system that can tow ships,...
AiP granted for multi-fuel tank system
MARINE classification society DNV has granted approval in principle for a multi-fuel tank design for ships capable of running on LNG, methanol or ammonia. The project was...
Police uncover UK-Aus airfreight smuggling operation
Earlier this year, Operation Phobetor began investigations into a criminal syndicate suspected to be involved in drug smuggling. The operation is run by a joint squad combining...
PIL adds Busan call on two services
PACIFIC International Lines is adding a call at the new Busan Container Terminal in South Korea on two of its services. Starting this month, PIL’s South West Africa Container...
