MOL enters charter contact for new LNG carrier
MITSUI O.S.K. Lines has signed a long-term charter contract for a newbuild LNG carrier with a vessel operation management company funded by Japanese energy firm Jera. This is the...
Kuehne+Nagel sees volume trend reverse in Sea Logistics
KUEHNE+NAGEL has reported a return to volume growth in its Sea Logistics business unit in the third quarter of 2023. EBIT in Sea Logistics amounted to CHF 875 million (about $1.5...
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,...
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...
Inland Rail appoints interim CEO
INLAND Rail has appointed an interim CEO while it continues its search for a permanent chief executive. Robert Rust, chair of the Inland Rail Board has been appointed to the...
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...
DSV leadership change in the offing
AFTER 16 years in charge of Danish global logistics behemoth DSV, CEO Jens Bjørn Andersen is to step down in the next 11 months. In his place, DSV group chief operating officer...
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...
Inland Rail acting chief executive steps down
INLAND Rail acting chief executive Rebecca Pickering has left the position after serving in the role for more than two years. Ms Pickering joined Inland Rail in 2018 and was...
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...
Report names Australia most favourable country for hydrogen production
AN INDEPENDENT study in Europe has identified Australia as one of the two most favourable countries for green hydrogen production. Australia and Brazil were highlighted for their...
