Drewry container index decreases for 24th consecutive week
DREWRY’s composite World Container Index decreased by 3% this week to US$6430 per 40-foot container. Source: World Container Index, Drewry Supply Chain Advisors The figure...
THE DCN WEEKLY: EPISODE 10
The news this week followed the efforts to salvage sunken TasPorts tugs York Cove and Campbell Cove from Port of Devonport's Mersey River....
Darwin Port wage dispute escalates to FWC, port workers to strike
DARWIN Port workers are preparing to take industrial action next week as fair work proceedings unfold and the Maritime Union of Australia and Darwin Port exchange accusations....
Hapag-Lloyd profits up 188% for first half of 2022
HAPAG-LLOYD has reported a group profit of almost US$9.5 billion for the first half 2022, up US$6.2 billion on the first half of last year, a 188% increase. However, transport...
Logistics companies partner on Moorebank warehouse development
LOGISTICS companies Logos and Mainfreight are partnering to develop a cross-dock warehouse at Moorebank Logistics Park in Sydney’s south-west. The logistics park (MLP) is...
WA welcomes National Biosecurity Strategy
THE Western Australian government has welcomed the release of the National Biosecurity Strategy. State agriculture and food minister Alannah MacTiernan said the strategy aims to...
Minister denounces Svitzer's move to terminate EBA agreement
EMPLOYMENT and workplace relations minister Tony Burke has criticised Svitzer Australia for attempting to terminate its enterprise agreement with unions representing the company’s...
AMSA reports decline in detained ships in 2021
THE AUSTRALIAN Maritime Safety Authority detained 159 ships entering Australian waters last year, according to the latest annual data in AMSA’s Port State Control Australia 2021...
Sydney man sentenced for 700-litre meth shipment in coconut milk cans
AN AIR freight consignment containing 700 litres (288 kilograms) of meth concealed in cans of coconut milk has seen a Sydney man sentenced to six years in jail. The 86 boxes of...
Investor consortium to buy Atlas Air Worldwide for US$5.2 billion
AIR freight company Atlas Air Worldwide has announced it will be acquired by a consortium of investors led by private equity firm Apollo. Apollo, alongside investment firm...
INSIGHT: PC finds costs of collecting nuisance tariffs exceed revenue collected
ON FRIDAY, 5 August 2022, the Productivity Commission released its results of two major studies which assessed the level of government assistance to trade and industry for...
Police uncover 700 kilograms of cocaine in container on Maersk Inverness
AUSTRALIAN Border Force officers discovered 700 kilograms of cocaine while inspecting containers on the containership Maersk Inverness at Port Botany. The officers discovered the...
Unions stall Svitzer's EBA termination process by four months
PROCEEDINGS that could have seen Svitzer Australia terminate its enterprise bargaining agreement with three unions representing the company's maritime workforce have been pushed...
Government provides $16 billion in industry assistance in 2020-21
THE Australian government provided at least $16 billion in industry assistance during 2020-21 (excluding COVID-19 support), according to the Productivity Commission’s Trade and...
THE DCN WEEKLY: EPISODE 9
This week, industrial action unfolded across Australian ports after towage operator Svitzer Australia lodged a FWC application to terminate its enterprise bargaining agreement...
