Bid to purchase abandoned livestock carrier falls through
THE LIVESTOCK carrier Yangtze Fortune was due to be sold after a tender process, but the highest bid, for US$8.5 million, fell through, setting off a rush to secure a sale to the...
Independent valuer for Port of Newcastle appointed
NEW South Wales Treasurer Matt Kean has appointed the Independent Pricing and Regulatory Tribunal (IPART) as the independent valuer under the Port of Newcastle Extinguishment of...
Kuehne+Nagel saw big profits in 2022
KUEHNE+Nagel saw its net profits increase by 30% over 2022, with all its business groups contributing to the result, according to its financial results for the year, released on...
Wiseway 1H results improve on previous half
ASX-listed freight and logistics operator Wiseway said its first-half results showed a “turnaround” in its Australian business compared with the previous six-month period. Over...
SEAFARER WELFARE: Towards better treatment of seafarers
The spectre of crew abandonment is on the rise around the world, and AMSA is doing its part to ensure seafarers here are treated fairly, Mick Kinley writes THE Australian Maritime...
AMSA bans containership
THE AUSTRALIAN Maritime Safety Authority on Monday (27 February) issued a refusal of access direction notice the Liberian-flagged container ship MSC Kymea II (IMO: 9334844) from...
HFW gets behind drive to recognise human rights at sea
LAW firm HFW has put its support behind the development of a new Geneva Declaration to define and defend the human rights of the global maritime population. The global law firm...
Global trade outperformed predictions for 2022: WTO
GLOBAL trade remained resilient and performed better than pessimistic predictions for 2022, according to a new World Trade Organization note. The note said economies greatly...
Federal government opens Hunter offshore wind zone consultation
THE AUSTRALIAN government has opened consultation for a proposed offshore wind zone in the Pacific Ocean off the Hunter region. The government said establishment of an offshore...
Geodis reports profitability increases in 2022
INTERNATIONAL freight forwarding and logistics company Geodis reported big increases in revenues and profits for 2022. The company’s revenues for the years were €13.7 billion, up...
IFCBAA urges Canberra to implement PC reforms
THE INTERNATIONAL Forwarders and Customs Brokers Association of Australia is urging the federal government to urgently implement reforms outlined by the Productivity Commission in...
The DCN Weekly: Episode 36
THE PRIME Minister visited Port Hedland this week to announce a $565-million investment for port upgrades in the Pilbara....
Austal posts revenue growth and earnings loss
AUSTAL has posted revenue growth for the first half of the 2023 financial year, but a “disappointing” earnings loss. The Australian shipbuilder’s revenue increased by 7% in the...
NSW government approves Inland Rail projects
TWO Inland Rail projects approved by the New South Wales government have now been referred to the federal government. The Australian Rail Track Corporation said the NSW government...
Qube revenue climbs 23%
QUBE has reported strong growth for the first half of the 2023 financial year, but earnings dropped in its Ports & Bulk division. The logistics giant posted an underlying revenue...
