News
1 September for next rate push
ASIA-Australia trades are again the main focus of the latest round of rate restorations, most of which are scheduled for 1 September. Carriers appear intent on consolidating...
Sad Q2 for HMM and Yang Ming
SOUTH Korea’s HMM and Taiwan’s Yang Ming Line have managed to stay in profit in the first half of 2025 but dire second quarters have dragged results down substantially. HMM saw 2Q...
Wallenius Wilhelmsen in optimistic mood
OSLO-headquartered PCTC/ro-ro specialist Wallenius Wilhelmsen says it “manoeuvred steadily” through the second of 2025 quarter with an EBITDA of USD 472 million, a 2% increase...
Keel laid for AMSA’s reef ETV
THE KEEL of the Australian Maritime Safety Authority’s new Torres Strait and Great Barrier Reef emergency towing vessel has been laid at the Shandong Port Marine Equipment...
Win for shippers as ministers back new guidelines
IN A good result for the lobbying efforts of shipper bodies yesterday’s meeting of National Cabinet’s infrastructure and transport ministers agreed to strengthen scrutiny and...
Swire counters ANL’s APR2 with upgraded NAX
SWIRE Shipping has responded promptly to ANL’s introduction of the APR2 service between China, PNG and northern Australia by upgrading its own NAX offering to weekly, effective 22...
Disney no longer Wondering in Australia
IN A blow to the Australian cruise industry Disney Corporation will withdraw Disney Wonder from the local market after the 2025-26 season. In a move that appears to enable focus...
Höegh adds capacity despite Trump effect
HÖEGH Autoliners has increased short-term chartered capacity to meet contractual demands, support cargo strategy and mitigate reduced network efficiency. The moves come against a...
Maersk resumes Melbourne Star calls
MAERSK Line is restoring seasonal Victorian calls northbound on its New Zealand-South East Asia Southern Star service, effective this week. Dubbed Melbourne Star by the carrier...
Maersk raises expectations after strong 2Q
MAERSK has raised its full-year profit expectations after a second quarter that saw revenue growth of 2.8% and EBIT reaching USD 845 million. A.P. Moller-Maersk said that while...
PacBasin down but outperforms indices
AFTER what it characterises as a half-year where dry bulk markets were weaker in 2025 than the previous four years Pacific Basin Shipping remains optimistic and foresees no...
ACFS in NewZealand breakthrough
THE TZANEROS family’s ACFS Port Logistics has completed a major expansion in the New Zealand market with the acquisition of three businesses from the Coda Group. The takeover of...
MIT gears up with more RMGs
ANOTHER shipment of rail-mounted gantries for the Melbourne Intermodal Terminal at Somerton arrived in Melbourne at the weekend, just as erection of the first two units was...
Aratere’s date with destiny, TT’s ferries almost here
LONG-serving Cook Strait rail/ro-pax Aratere will make its final crossing, from Picton to Wellington, at 1000 hours on 18 August, KiwiRail has announced. Interisland Line...
Decarbonisation focus of Victorian freight plan
AN $8 million Freight Sector Innovation Fund, to to assist small and medium heavy vehicle operators trial and transition to low-emission equipment, is a centrepiece of the state...
