DSV Panalpina finalises acquisition of Agility’s Global Integrated Logistics
GLOBAL freight company DSV Panalpina is expected to finalise the purchase of Agility’s Global Integrated Logistics business for DKK 30.2-billion ($6.53 billion). DSV said the...
INSIGHT: GST on low-value imports held to account
MANY of those in industry will remember the controversy that was associated with the introduction of GST on “low value import transactions” (LVT) on consignments three years ago....
DCN top stories for the week of 9-13 August
AT the top of the list of most-read stories covered by DCN this past week was our exclusive about Auriga Group and Brisbane Marine Pilots joining forces. The news comes as...
Incidents of piracy and robbery against ships in Asia down in first half
ACCORDING to the ReCAAP Information Sharing Centre, there were five incidents of armed robbery against ships reported in Asia in July 2021. No piracy incident was reported. This...
Containers continue meteoric rise
RESEARCH firm Drewry’s composite World Container index increased marginally by 0.5% or $50 to reach $9,421.48 per 40-foot container this week. That’s 358% higher than the same...
‘Inhumane’ port restrictions highlight flaws in implementation of maritime law
A RECENT study on the protection of human rights in the maritime environment has highlighted the harmful impacts of turning ships away from ports and preventing crews from...
Hapag-Lloyd achieves good result in first half of 2021
SHIPPING LINE Hapag-Lloyd has published its financial and performance results for the first half year of 2021, confirming what it had forecast last week. That is, EBITDA of US$4.2...
The issue of vessels delays goes beyond just transport costs
RECENT vessel-tracking data from project44 reveals substantial year-over-year increases in vessel and shipment delay times across most major trade lanes connecting China to the...
Australian company’s acquisition strengthens e-commerce offering
TRANSPORT and logistics company cargo-partner has acquired fellow logistics company Associated Customs & Forwarding (ACF). Operating from a Melbourne base, cargo-partner provides...
Pondus set to start operations in Melbourne in October
PATRICK Terminals has advised customers that a new weighing system, Pondus, will be available at its Melbourne terminal operations from 4 October 2021. Mis-declared containers...
Aurizon reports improved revenue and earnings
RAIL operator Aurizon has released its annual report for the year ended 30 June 2021. It shows EBIT improved by $46.5 million (10%) to $505.3 million in FY2021, with increased...
Government supports grains and avos on global stage
A NEW Grain Sustainability Certification Scheme will open new trade opportunities for Australia’s grain industry, made possible through a $97,500 grant from the Australian...
Wiseway acquires Singapore-based air freight company
ASX-listed company Wiseway Group Limited announced that its wholly owned subsidiary Wiseway Logistics in Singapore has entered into an agreement to acquire 100% of TAF E-Logistics...
WA’s policy of turning ships away immoral, dangerous: SAL
SHIPPING Australia has sounded the alarm about the Western Australia government’s threat to turn ships with suspected COVID-19 cases away. In a media statement, the industry...
Maritime industry supports East Timorese community
THE maritime industry in Western Australia has provided much needed humanitarian support to the East Timorese community. The initiative started when Fremantle Ports was approached...
