Blank sailings as lines try to hold rate shrinkage
AN INCREASING number of blank sailings are creeping into China-Australia schedules – if that’s not a contradiction in terms – as carriers attempt to keep a floor under rates as...
2024 financial year a strong one for Ocean Network Express
JAPAN’s Ocean Network Express has completed its 2024 financial year (April 2024- March 2025) in fine form but as with many contemporaries is very cautious about the year ahead....
Wallenius moves to full ownership Armacup
SCANDINAVIA’s Wallenius Wilhelmsen has moved to 100% ownership of NZ’s Armacup, which originated the Japanese used car trade to Kiwiland in 1989 and has been steadily expanding...
Hapag's bumper Q1 but lower expectations
HAPAG-LLOYD is expecting a lower result in 2025 despite the first quarter producing significantly better returns year-on-year. The German carrier racked up a 17% increase in Group...
VICT orders hybrid straddle carriers
VICTORIA International Container Terminal has placed an order with global port equipment specialist Kalmar for four hybrid automated straddle carriers, each with a 60-ton twin...
Stricken LPG tanker Victoire headed for Fiji
THE LPG tanker Victoire, which broke down in eastern Bass Strait on 4 April and was eventually towed to refuge in Eden, will depart later this week under tow to Fiji for discharge...
KiwiRail to retire Aratere
KIWIRAIL will retire Interisland Line’s only rail-enabled Cook Strait ro-pax Aratere in order to work on new infrastructure for the 2029-expected replacement ferries. Chief...
Hoegh Autoliners has ‘solid’ first quarter
OSLO’s HÖEGH AUTOLINERS has continued to report solid financial performance in the first quarter of 2025, with gross revenue of USD 329 million/NOK 3,559 million, EBITDA of USD...
APT christens latest cruise vessel APT Solara
MELBOURNE-founded APT Travel Group has christened another brand-new luxury river ship in a traditional ceremony in Rotterdam. Just weeks after launching MS Estrela, purpose-built...
Swire bunkers with biofuel blends
SWIRE Shipping has switched to B24 and B30 second-generation biofuels to bunker three of its ships engaged in two different regional trades. Swire says the voluntary move supports...
Birdon extends Lord Howe contract
THE LORD Howe Island Board has awarded Port Macquarie-based maritime business Birdon a two-year contract extension to provide the island’s essential sea freight service. The...
FMC hits ZIM with fine over D&D charges
AUSTRALIAN shippers will be closely watching further decisions from the Federal Maritime Commission after a judge upheld complaints by Samsung Electronics America over...
USTR expands scope to all car carriers
IN WHAT appears to be further evidence of the US Trade Representative office’s scant knowledge of its own maritime trades, Chinese-built and/operated PCTCs and ro-ros will no...
Even more trade distortions to follow USTR dial-back
ALMOST A WEEK after the US Trade Representative office released the latest version of its 28 February China-targeted port and ship penalties, the proposed changes remain heavy...
MOL’S latest LNG bulker Australia bound
OVER the Easter long weekend, Mitsui OSK Lines held a naming and delivery ceremony for the LNG-fuelled Capesize bulker Verde Heraldo and the 210,321 DWT vessel is now en route to...
