Hapag-Lloyd sees significant Q1 profit drop
HAPAG-Lloyd has declared its first quarter 2026 results “unsatisfactory” after Group profit fell markedly below Q1 2025 earnings. Nevertheless, or maybe because of Q1, the company...
“Solid” Q1 for Höegh Autoliners
OSLO-headquartered Höegh Autoliners has racked up stable underlying performance in Q1 2026, despite Middle East disruption, fuel price escalation and operational challenges. The...
Seasonally softer Q1 for Wallenius Wilhelmsen
LOWER results for Wallenius Wilhelmsen’s shipping activities were partially offset by improved conditions in logistics in the first quarter of 2026. Adjusted EBITDA of USD 389...
Hapag-Lloyd, K&N strike green fuel deal
GERMAN giants Hapag-Lloyd and Kuehne+Nagel are further strengthening their long-standing partnership by collaborating to reduce ocean transport emissions. As part of this...
TT Line gantry rises, along with cost overruns
THE TASMANIAN Government is celebrating the completion of the final component lift for TT Line’s new East Devonport Berth 3 terminal gantry that will serve the new Bass Strait...
China rates climb slows
FREIGHT rates on Australia’s premier trade route from China have slowed their recent rapid rise but are continuing to climb just the same. The SCFI (mean spot rate) for...
John Duigan cracks a thousand
HUMBLE landing craft John Duigan has racked up a major achievement this week, accomplishing 1,000 voyages to King Island in the demanding conditions of Bass Strait. The...
Vroon sells Livestock Express
ONE of the most prominent names in sheep and cattle transport, Livestock Express, has been sold by Dutch owners Vroon to Australian agribusiness Heytesbury. The agreement,...
PIL 2025: Profit down but margins highest
SINGAPORE’s Pacific International Line saw net profit fall around 22% in FY2025 but nevertheless enjoyed a strong year — and analysts note it still leads the main containership...
Maersk Q1: Volumes up, rates down
AP MOLLER-Maersk has boasted a strong first quarter, at least as far as demand went, but lower freight rates saw a notable though industry-consistent drop in profits. Against a...
“K” Line reports mixed 2025
KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments. The...
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Kaitaki report sparks major concerns
THE RELEASE late last week of the NZ Transport Accident Investigation Commission’s final report into the near grounding of ro-pax Kaitaki on rocks in Wellington Harbour in 2023...
SAL adds member, FTA adds executive
GREENSTREAM, a Sydney-based recruitment and talent advisory firm dedicated exclusively to the maritime, shipping, and marine sectors, has become the latest corporate associate...
Kaitaki breakdown report: “Serious casualty narrowly avoided”
THE NEW Zealand Transport Accident Investigation Commission’s final report into the breakdown of KiwiRail’s ro-pax Kaitaki in January 2023 has set out in stark detail six major...
NZ Media Council upholds ferry reporting complaint
A COMPLAINT lodged by New Zealand deputy PM and rail minister Winston Peters over a story on Cook Strait replacement ferry costs published by The Post has been upheld by the...
