Maersk to cut 10,000 jobs from global workforce
MAERSK intends to reduce its global workforce by about 10,000 positions to deal with challenging market conditions and a “worsening” price outlook in its Ocean segment. Maersk was...
Bell Bay named preferred site for subsea cable facility
AUSTRALIAN renewable energy company SunCable has named Bell Bay as the preferred site for an advanced cable manufacturing facility. The proposed facility would aim to address...
ARTC to upgrade communications for national rail network
THE AUSTRALIAN Rail Track Corporation has announced upgrades to its national train communications system (NTCS). ARTC plans to roll out 4G capability for all services across the...
Inland Rail completes first Victorian project
INLAND RAIL has completed the first of 12 projects in Victoria. The first project involved lowering the track under a bridge in Barnawartha North, on the Victorian border near...
Swissport launches air cargo operations in Australia
AVIATION services company Swissport launched its first air cargo operations in Australia this week, commencing at Sydney Airport on 1 November. Swissport’s Australian operations...
The DCN Weekly: Episode 72
THE MARITIME Union of Australia announced more protected industrial action at DP World's four Australia terminals this week....
Q3 earnings increase at Wallenius Wilhelmsen
WALLENIUS Wilhelmsen has reported total EBITDA of US$478 million for the third quarter of 2023, a 9% increase on the same period last year. The company attributed the growth in...
Container management platform to launch at Melbourne terminal
PATRICK Terminals and OneStop are launching container management platform OptiBook at Patrick’s Melbourne terminal. OptiBook is integrated with the OneStop Vehicle Booking System....
Sydney man charged over air-freight meth shipment
A SYDNEY man has been charged over a shipment of methamphetamine hidden in an air cargo consignment of picture frames. Australian Federal Police launched an investigation in June...
Maersk marks 30 years in Australia with seven new facilities
MAERSK has announced the opening of seven new facilities across the country as it marks its 30 years in Australia. Six of the seven new facilities will be omnichannel fulfilment...
ONE profits fall 97% in Q2
OCEAN Network Express has reported a 97% decrease in net profit after tax for the second quarter of the 2023 financial year. ONE’s second-quarter NPAT came to US$187 million,...
NZ port's underlying NPAT up 48% in FY 2023
CENTREPORT Wellington has reported an underlying net profit after tax of NZ11.9 million for the year ended 30 June 3023, up 48% from NZ$8 million the prior year. The North Island...
Further industrial action at DP World terminals
FURTHER industrial action has been announced for DP World’s Australia terminals. DP World announced in a statement that the Maritime Union of Australia had given notice of work...
New chief executive at national rail safety regulator
THE OFFICE of the National Rail Safety Regulator has appointed Natalie Pelham as its new chief executive. Dr Pelham will take on the role from Sue McCarrey who left ONRSR in...
Major construction concludes on Inland Rail section
INLAND Rail has completed major construction on the Narrabri to North Star Phase 1 section of track. Completion of this part of the route allowed the upgraded track between...
