News
The DCN Weekly: Episode 59
IN THE news this week, a ballot for protected industrial action filed by the Australian Maritime Officers Union received unanimous support from its members working for Poseidon...
Silk acquires Secon
SILK Logistics has acquired Melbourne-based port and bulk logistics provider Secon Freight Logistics. Secon operates with about 160 staff across two sites in Victoria. It provides...
Two significant east-coast freight lines shutting down for maintenance
THE AUSTRALIAN Rail Track Corporation is carrying out major maintenance shutdowns of two significant freight rail routes in the coming days. In one shutdown, ARTC is carrying out...
Project to boost grain at ports wraps up in WA
CBH has completed the first of 11 rail siding projects aiming to boost grain tonnage delivered to Western Australian ports. An upgrade to the rail siding at Co-operative Bulk...
Biosecurity forum tackles risks of pests on containers
AN INTERNATIONAL forum co-hosted by Australia gave industry and government the opportunity to tackle the biosecurity risks of hitchhiker pests on containers. The Department of...
NYK reports decreases in revenues and profits
SHIPPING and logistics conglomerate NYK reported decreases in revenues and profits in the first quarter of the Japanese financial year, which began on 1 April. For the three...
Hapag-Lloyd completes terminal business acquisition
HAPAG-LLOYD has acquired the entire terminal business of Chilean terminal operator SM SAAM. The transaction includes interests in ten terminals across Chile, the US, Mexico,...
ARTC freight line shutdown for $45m track upgrade
THE AUSTRALIAN Rail Track Corporation has announced a rail shutdown as it works on a $45 million freight line upgrade in New South Wales. Throughout August, ARTC will be carrying...
ONE profit plummets in FY2023 first quarter
OCEAN Network Express has reported a “significant” decline in profits for the first quarter of the 2023 financial year. ONE posted a profit of US$513 million, down 91% from the...
"Unnecessary costs" of tariff system do not protect domestic industry: PC
GOVERNMENT assistance to Australian industry rose to $13.8 billion in 2021-22, according to a new report from the Productivity Commission. The commission’s Trade and assistance...
WA and energy consortium talk Geraldton ammonia plant
THE WESTERN Australian government has commenced negotiations with a South Korean renewable energy consortium to build a green ammonia plant near Geraldton. Energy systems...
Second-quarter profit and revenue tumble at CMA CGM
CMA CGM posted decreases in revenue and EBITDA in the second quarter of 2023, attributing the results to “difficult” market conditions. Revenue fell 36.9% compared with the second...
The DCN Weekly: Episode 58
A FIRE broke out on a ro-ro vessel off the coast of the Netherlands this week, with one crewmember reported to have been killed in the blaze....
Inland Rail border track receives environmental approval
THE STRETCH of Inland Rail track connecting Queensland and NSW has received environmental approval from the government. The Department of Climate Change, Energy, the Environment...
SeaRoad opens new facility in Launceston
SEAROAD officially opened its largest northern Tasmanian facility in Launceston on 26 July. The 15,000 square-metre facility includes 5800 square metres of storage area. SeaRoad...
