DSV profit drops in first nine months of 2023
DANISH logistics giant DSV has reported a 15.1% decrease in gross profit and a 30.6% drop in EBIT in the first nine months of 2023. The company said the results were expected,...
AMSA says it is not planning to take over AtoN maintenance after contract ends
THE AUSTRALIAN Maritime Safety Authority is not planning to take over the maintenance of the national network of maritime aids to navigation after the current maintenance contract...
Stonepeak to acquire container lessor for US$7 billion
INVESTMENT firm Stonepeak – which owns 70% of GeelongPort – is to acquire intermodal container lessor Textainer in a transaction valued at US$7.4 billion. Textainer announced over...
More industrial action at DP World
THE MARITIME Union of Australia has announced a new batch of protected industrial action at DP World’s Australia terminals, and the company, in a statement, has called on the...
MPA calls for financing of electric harbour craft adoption
THE MARITIME and Port Authority of Singapore is calling for financiers and insurers to support the adoption of electric harbour craft in Singapore. MPA is inviting financial...
The DCN Weekly: Episode 70
IN the news this week: Western Australia’s Shipping and Supply Chain Taskforce has recommended policy and regulatory reforms to support Australian-owned shipping lines competing...
Kalgin to open Port Moresby office
KALGIN Global Logistics is opening a new office in Port Moresby in Papua New Guinea. Kalgin Global Logistics in PNG. Image: Kalgin Global Logistics Kalgin has been operating for...
Drug bust: 50 kilos of cocaine in containerised shipment
AUSTRALIAN Federal Police has launched an investigation after 50 kilograms of cocaine was found hidden inside a containerised shipment of plastic furniture bound for Sydney from...
Report calls for rapid action on 5% zero-emission fuel target
THE SHIPPING industry’s window of opportunity to meet its 5% zero-emission fuel target by 2030 is closing soon, according to a new report. The report from UMAS, the Getting to...
Maritime cyberattacks are becoming more costly
EACH cyberattack in the maritime industry costs the target organisation an average of US$550,000, (up from US$182,000 in 2022), according new research published by law firm HFW...
Billions announced in critical skills funding
THE COMMONWEALTH government has announced a $12.6 billion investment to expand the vocational education and training sector and implement reforms to address critical skills needs....
Sovereign maritime capability is key to supply chain resilience: MIAL
WESTERN Australia’s Shipping and Supply Chain Taskforce recently released a report, which argues that the state’s supply chains are vulnerable to natural disasters and rules...
ICS launches revised Tanker Safety Guide
THE INTERNATIONAL Chamber of Shipping has released the fourth edition of its Tanker Safety Guide (Liquefied Gas) publication. ICS said the publication as definitive industry...
Voluntary code of practice announced for ports
VICTORIAN ports and freight minister Melissa Horne has announced a voluntary code of practice that aims to manage periods of disruption to the container supply chain. Ms Horne...
Biosecurity funding model raises $97 million from importers in three months
THE SUSTAINABLE Biosecurity Funding model announced in May this year has collected an additional $11.3 million in fees and charges from importers in three months. Federal minister...
