The Australian Competition and Consumer Commission (ACCC) has outlined preliminary concerns about DP World Australia’s proposed acquisition of Silk Logistics.
DP World Australia operates container stevedores at the Ports of Botany (Sydney), Melbourne, Brisbane and Fremantle and, on average, handles approximately a third of the containers processed at these ports.
Silk Logistics is one of the only national door-to-door container logistic providers in Australia and hauls import and export...
Two years after implementing Portchain Connect, DP World’s four Australian terminals in Sydney, Melbourne, Brisbane and Fremantle continue advancing their efforts to streamline berth alignment processes with shipping lines.
Portchain has announced a successful integration with these terminals, now automatically updating berth schedules and facilitating smooth alignment with carrier customers.
Through Portchain Connect, the Australian terminals benefit from enhanced efficiency and accuracy in...
DP World Australia has entered into a binding Scheme Implementation Deed for the acquisition of the issued share capital of Silk Logistics Holdings Limited via a Scheme of Arrangement with a cash offer of A$2.14 per share.
The transaction values the equity of Silk Logistics, a port-to-door logistics services provider which operates 21 logistics hubs and 25 warehousing sites across five Australian states, at approximately A$174.5 million (around US$115 million).
This transaction is subject to...
https://container-news.com/dp-world-takes-over-silk-logistics-for-us115-million/
Following discussions led by the Victorian Department of Transport and Planning (DTP), all three container terminals based in Victoria—DP World Australia, Patrick Terminals, and Victoria International Container Terminal (VICT)—have agreed to amend the Victorian Voluntary Pricing Protocol.
These changes will align their landside pricing tariffs to take effect from 1 January each calendar year.
As part of this adjustment, each terminal operator issued a 60-day industry notice on 1 November 2024,...
https://container-news.com/victorias-box-terminals-to-standardize-landside-pricing-tariffs/
OneStop has announced that it is partnering with DP World at New Fisherman Island Container Park from Monday 03 June 2024. The new container park will use OneStop’s Depot Operating […]
Australian industry breathed a sigh of relief with the news that dockers and terminal operator DP World had agreed a four-year deal which would see year-on-year pay increases while also allowing for 24-hour terminal operations.
The dispute has been ongoing since last October and has caused a backlog of over 50,000 containers to be built at DPW’s four terminals, the acrimonious dispute had split industry opinion with carriers backing the terminal operator and unions finding support from ministers.
https://container-news.com/maritime-union-of-australia-and-dp-world-end-dispute-with-major-deal/
Spiralling costs and fears for companies hit by the dispute between DP World Australia and their docker employees saw Australia’s Minister for Employment and Workplace Relations Tony Burke launch an extraordinary attack on the Middle Eastern company.
The long-running dispute between the Maritime Union of Australia (MUA) and DP World has seen the Australian economy take a more than A$1.34 billion hit, and the dispute is costing up to A$23 million a day, according to some economic models.
Speaking...
https://container-news.com/australias-minister-condemns-dp-world-in-port-dispute/
DP World, one of the leading port operators, has estimated that the ongoing industrial action in Australia has already cost our economy a staggering $1.34 billion since October last year. […]
The post Minister Tony Burke: Australia cannot afford a $1.34bn economic blow-out – it’s time to intervene...
Shipping Australia today expresses its support for DP World in its enterprise bargaining dispute with the Maritime Union of Australia. We call for the MUA to resume negotiations. The average […]
The post Shipping Australia calls for MUA to return to DP World negotiating table appeared first on Shippi...
DP World announced the launch of Reefer World, a new one-stop refrigerated container facility in Sydney, which will offer a wide range of reefer cleaning and repair services to clients in Australia and New Zealand.
The dedicated reefer facility is the largest of its kind in Sydney and one of the largest in Australia, providing a variety of reefer solutions, such as pre-trip wash, inspection, and structural repairs, to improve efficiency and ensure the quality and freshness of perishable cargo...
https://container-news.com/dp-world-opens-reefer-container-facility-in-sydney/