Vessel operating costs rising: report
INFLATION of vessel operating cost inflation has accelerated in 2022, according to maritime consultancy Drewry’s Ship Operating Costs Annual Review and Forecast 2022/23 report....
New ship and rotation on trans-Tasman service
ANL has added a Sydney loop to its ANZ Shuttle service and a new containership to facilitate the rotation. The new trans-Tasman loop calls Tauranga, Brisbane and Sydney. The...
Sydney freight rail projects progress
THE AUSTRALIAN Rail Track Corporation has hit several milestones on its Port Botany Rail Line Duplication and the Cabramatta Loop projects. For the Port Botany project, ARTC...
The DCN Weekly: Episode 22
THIS past week, unions have issued notices of protected industrial action on Svitzer tugboats almost every day....
Taskforce sets priorities for iron ore green corridor
AN INDUSTRY roundtable in Sydney has outlined what it considers priorities for establishing a green maritime corridor between Australia and Asia. Getting to Zero Coalition members...
Drewry container index drops slightly over the week
DREWRY’S World Container Index decreased by 3% this week, to US$3050 per 40-foot container. The latest composite index figure represents a 67% drop since the same week last year...
Airline launches cargo service for NT mango haul
CATHAY Pacific Cargo has launched a seasonal air cargo service to export mangoes from the Northern Territory. The airline said it will operate one flight out of Darwin each week...
WiseTech acquires data-entry automation business
SOFTWARE company WiseTech Global has acquired Shipamax, a data-entry automation software business. Shipamax uses and AI and machine learning to convert unstructured data – such as...
Big quarterly results at WW despite challenges
WALLENIUS Wilhelmsen has posted results for "strongest quarter on record". The shipping company’s EBITDA reached US$440 million in the third quarter of 2022, up 41% on the...
Airline increases international cargo flights from Melbourne
CATHAY Pacific is increasing the number of weekly flights carrying cargo between Hong Kong and Melbourne. The airline plans to expand its Hong Kong to Melbourne services from four...
PIL launches intermodal service
PACIFIC International Lines has announced the launch of PIL Intermodal Services to complement its container shipping service. PIL Intermodal Services offers train, truck and barge...
Three jailed for $135 million meth shipment
THREE men who used air cargo to import more than $135 million worth of drugs into Australia have been jailed following a major investigation. The criminal syndicate members...
Record $1.6bn meth haul found in container bound for Australia
A RECORD-BREAKING shipment of liquid methamphetamine, worth $1.6 billion, has been intercepted on its way to Australia in a shipping container. The drugs were concealed in cartons...
Construction contract locked in for Inland Rail in Victoria
CONSTRUCTION is set to begin on the first Inland Rail sites in Victoria with a $200 million contract having been awarded to construction company McConnell Dowell. The Australian...
Contract awarded for Westport supply-chain project
ENGINEERING consulting firm WSP Australia has been awarded the contact to lead the Supply Chain Integrated Design project for the new terminal at Westport Under the $15.2 million...
