OOCL 1H: Profits down, revenues up
IN LOCKSTEP with parent COSCO Shipping Holdings, Orient Overseas International Ltd (OOIL) has seen first half profits eroded by additional costs but recorded new highs in revenue...
COSCO 1H: revenues up, profits down
COSCO Shipping Holdings “sustained its industry-leading financial performance” in the first half of 2026, after a strong turnaround in the second quarter. In the first half of...
Auckland also hitting new highs
PORT of Auckland is celebrating a strong financial year ending 30 June 2026 recording, like rival Tauranga, a record underlying net profit after tax but unlike Tauranga also...
Tauranga profit up 23% for new record
PORT of Tauranga has claimed a record underlying profit for the year ended 30 June 2026 following what it says was a range of successful yield, cost and productivity initiatives....
Ro-ro operators standardise emissions measurement
SMART Freight Centre offshoot Global Ro-Ro Community has established a member-led group to advance a harmonised approach to greenhouse gas emissions accounting. The Global Ro-Ro...
New head for Victoria’s Department of Transport and Planning
VICTORIA’s Department of Transport and Planning has a new chief, with the current Deputy Secretary of Transport Services Fiona Adamson elevated to the leadership position. Ms...
Höegh sees the light: orders more PCTCs
HÖEGH Autoliners has committed to expanding its successful Aurora-class of PCTCs by a further six vessels and taken another four options. The additional six new dual-fuel LNG and...
Disruption to Tasman, SoPac services
AUSTRALASIAN near-seas services have been hit by unplanned disruptions at an inconvenient time for shipping lines and their customers. ANL has been obliged to withdraw the ANZ...
Container confusion in Brisbane, but no evidence of mass redirection from ACFS
ACFS Port Logistics managing director Terry Tzaneros says a recapitalisation process for the beleaguered business is “progressing well, describing “term sheet approval” on a...
ANL/CMA CGM introduce new MD/GM
NEUSA Marcelino has taken up her new Melbourne-based role as managing director of ANL Container Line Pty Ltd and general manager of CMA CGM Oceania Agencies, after previous...
New Zealand fast-tracks new drydock at Marsden Point
OCEANIA may have a new drydocking capability, obviating the need to send local ships to Singapore, if a plan to develop a new facility at Marsden Point, New Zealand comes to...
China rates becalmed, South East Asia rising again
RATES from South East Asia to Australia hit a new high this week while those from China spent a second week at a virtual standstill. Xeneta reports the mean rate for shipments...
Devonport high on Spirits
TT LINE ro-pax Spirit of Tasmania IV arrived in home port Devonport yesterday [23 August] to undergo berthing trials and received a rapturous welcome from the general public and...
Latest Bass Straiter on sea trials
SEAROAD Shipping’s new Devonport-Melbourne vessel, Searoad I, late last week completed four days of seat trials in the Skagerrak and Kattegat after virtual completion by Germany’s...
Poor planning behind tug grounding: ATSB
THE GROUNDING of a Port Adelaide tug that saw the vessel holed and water enter the engine room can be attributed to insufficient planning and preparation and inadequate risk...
