Hapag-Lloyd Q1 results down across the board
HAPAG-Lloyd has posted declines in revenue, freight rates and volumes for the first quarter of 2023. The company concluded the first quarter with an EBITDA of US$2.4 billion, down...
The DCN Weekly: Episode 47
THE FEDERAL budget announced this past week contained significant increases in funding for biosecurity. https://open.spotify.com/episode/5hX2H0ekzZwmUymhJUu2L9?si=075543eb27db4a91...
Sydney man sentenced for air freight meth haul
A SYDNEY man has been sentenced to 11 years in jail for his role in a plan to import 100 kilograms of meth into Australia in air cargo. The drugs were intercepted in Canada; the...
Bad weather disrupts shipping at NZ port
HEAVY rainfall and flooding in New Zealand’s North Island disrupted shipping schedules at the port of Auckland this week. The New Zealand government declared a local state of...
CMA CGM commits to €5 billion acquisition of logistics business
CMA CGM has committed to buying 100% of Bolloré Logistics for €5 billion (around $8.15 billion). Bolloré Logistics is the transport and logistics division of the Bolloré Group,...
Man jailed over "putrid" meth haul in container full of cow skins
A MAN was sentenced to 22 years in jail for attempting to import 668 kilograms of methamphetamine into Australia in a shipping container full of rotting, raw cow hides. The...
Meth consignment picked up at Botany freight forwarding company
A MAN has been charged after he collected a consignment of drugs from a freight forwarding company in Botany. The Sydney man allegedly imported 137 kilograms of methamphetamine...
Ceva leases four ro-ro vessels
CEVA Logistics has signed a new 10-year lease with its parent company CMA CGM for four of Pacific Shipping’s LNG dual fuel ro-ro vessels. The ships are under construction by China...
The DCN Weekly: Episode 46
IN the news this week: Qube announced two acquisitions – one a 50% stake in a New Zealand-based container logistics company and 100% of an Australian bulk haulage specialist....
New director at logistics company
NEW ZEALAND transport and logistics group Move Logistics has appointed a new independent director. Julia Raue, who stepped into the role on 3 May, will also be a member of the...
Port hosts government aboard NZ coastal containership
CENTREPORT Wellington this week hosted government and shipping industry representatives who came to visit a containership on a New Zealand coastal service. The port welcomed NZ...
Australian logistics company announces new CEO
ASX-listed transport and logistics company Lindsay Australia has announced the appointment of Clayton McDonald as its new CEO. He is to start in the role on 17 July. Mr McDonald...
New CEO for Aussie airline
QANTAS announced Vanessa Hudson would become the next CEO and managing director, taking over from Alan Joyce when he retires in November 2023. According to Qantas, its freight...
Container volumes set to rise at NZ port
INCREASED shipping activity at New Zealand’s Port Nelson is expected to lift container capacity by a third. The four shipping companies which call Port Nelson – Maersk, ANL, MSC...
Government announces infrastructure review
INFRASTRUCTURE and transport minister Katherine King on Monday (1 May) announced a 90-day review of Australia’s Infrastructure Investment Program. “We are maintaining our strong...
