News
HPA joins early settlers
HUTCHISON Ports Australia has joined peers VICT and Patrick in reaching a new four-year enterprise agreement with maritime unions. This EA has also been achieved without...
China-Australia rates hit 24-week high
TRENDS continue to diverge in container freight rates as the Drewry World Container Index maintains its downward spiral while those on Australia’s premier trade lane continue to...
Tauranga’s expansion court in another delay
AN APPARENT legislative failure has further frustrated Port of Tauranga’s 23-year-long effort to expand. The current project, which has been repeatedly bogged down in red tape,...
Port of Auckland beats expectations
A 55% INCREASE in underlying net profit after tax has highlighted Port of Auckland’s 2025 financial results, setting a new record of NZ$85.4 million. PoA says it has surpassed...
VICT settles new four-year EA
VICTORIA International Container Terminal has signed a new enterprise agreement with local unions covering the entirety of its operations until March 2029. The agreement, which...
Another offshore wind project in the doldrums
THE DEVELOPERS of a proposed offshore wind farm in the Hunter Zone have decided not to proceed with the feasibility licence offered by the Australian Government. Novocastrian Wind...
Allegro puts For Sale sign on Strait Link
SYDNEY-based private equity investor Allegro Funds has put Bass Strait shipping and logistics company Strait Link on the market. Strait Link, the former Toll Shipping, was...
Coal goals kicked by Dalrymple
DALRYMPLE Bay Infrastructure, owner of the eponymous Queensland coal terminal, has reported a 17% increase in net profit after tax for the first half of 2025, compared to the year...
Townsville veteran pilots his last
TOWNSVILLE’s Captain Gerard de Silva is piloting his final vessel today, at Abbot Point, after more than 40 years at sea and 18 years at the Port of Townsville. The port says Capt...
New Spirits: one here, one staying in Europe
WITH Spirit of Tasmania IV now undergoing final fit-out in Hobart the Tasmanian Government has announced that sister Spirit of Tasmania V will remain in Europe until the first...
US tariffs, port fees loom for Höegh Autoliners
HÖEGH Autoliners remains confident in its fortunes in global PCTC/ro-ro trades, despite ongoing geopolitical and market uncertainties. Reporting Q2 results late last week the...
OOCL booms in first half
HONG Kong-headquartered Orient Overseas International Holdings has reported a strong first half for 2025, driven by significant gains for OOCL, and says the Group financial...
Qube, Melbourne score mineral sands business
QUBE’s ports and bulk operations have secured a significant contract that will see an expected 30,000 tonnes of mineral sands shipped through the port of Melbourne every three...
Dire 2Q fails to dim ZIM
LIKE many other carriers Israel’s ZIM saw a drastic downturn in key metrics during 2Q 2025 but the first half overall was mildly positive. Net income for the second quarter was...
Evergreen joins 2Q sliders
TAIWAN’s Evergreen Marine Corporation has joined compatriot Asian lines in reporting a much weaker second quarter in 2025, compared to the same period in 2024 and the prior...
