Global trade hits record $7.7 trillion in Q1 2022
THE VALUE of global trade reached a record $7.7 trillion in the first quarter of 2022 but tightening policies and geopolitical frictions may bring the positive trend to an end,...
Global shipping industry and customs authorities join forces to tackle illicit drug trade
REPRESENTATIVES from shipping companies and customs authorities around the world met in Brussels recently to strategise ways to step up the fight against drug trafficking. A...
GMF refocuses Neptune Indicator as crew change crisis eases
THE NEPTUNE Declaration Crew Change Indicator is transitioning to reflect the apparent easing of the so-called crew change crisis. The Neptune Indicator has been published monthly...
FedEx expands freight capacity between Australia and New Zealand
FEDEX Express has announced the launch of a new trans-Tasman air freight service connecting Australia and New Zealand in response to the "rapid" growth of trade between the two...
Retain-and-manage industrial land policy working in Sydney: report
THE retain-and-manage industrial land policy in greater Sydney has functioned as intended, but there are areas in need of refinement, according to the Greater Cities Commission’s...
WiseTech acquires eBL provider Bolero
AUSTRALIAN logistics software colossus WiseTech Global has acquired Bolero, a provider of electronic bills of lading and digital documentation capabilities for global trade....
THE DCN WEEKLY EPISODE 4: A roundup of the week's news
IN THE latest episode of The DCN Weekly, we talk Great Barrier Reef shipping breaches, a dangerous protest in Port of Hobart, a toxic gas explosion and more....
Referral submission lodged for Tiwi Islands green hydrogen export project
ENERGY company Provaris has lodged a referral submission with the Northern Territory Environment Protection Authority for a green hydrogen export project in the state’s Tiwi...
Schedule reliability in May slightly lower than 2021 levels
THE LATEST data from shipping analyst Sea-Intelligence suggests global schedule reliability is currently between 30% and 40%, following a trend seen in 2021. It said schedule...
Swire Shipping affiliate acquires Westwood Shipping Lines
SWIRE Shipping affiliate SSPL US has concluded the acquisition of independent vessel operator Westwood Shipping Lines. Westwood services the Transpacific trade as a multipurpose...
Various factors contributing to skyrocketing container road transport costs
A CONFLUENCE of factors is driving up the cost of container road transport in Australia, according to Container Transport Alliance Australia. Increasing costs for fuel and fuel...
The end of the IFAM program
THE INTERNATIONAL Freight Assistance Mechanism has seen its last supported flights flown as the program draws to a close today, 30 June. IFAM was established by the federal...
Ukraine war increasing shipping costs, stifling trade: UNCTAD
THE war in Ukraine is stifling trade and logistics is stifling trade and logistics in the wider Black Sea region, which is increasing global vessel demand and the cost of shipping...
DSV reports strong Q1 2022 results despite war and supply chain disruptions
FREIGHT forwarder DSV has outlined its latest financial results against the backdrop of supply chain disruptions caused by COVID-19 lockdowns and the conflict in Ukraine. DSV...
Analyst reports spike in service contacts filed with US maritime commission
OCEAN freight analyst Sea-Intelligence has reported a sharp increase in service contracts filed with the Federal Maritime Commission in the United States. According to...
