Picton Aratere response leadership unclear: report
WORK has already started on addressing a number of concerns arising from the 21 June grounding of Interisland Line’s rail/ropax Aratere during a night-time sailing from Picton....
OOCL H1: Revenue, liftings up, profits down
ORIENT Overseas (International) Limited , parent of OOCL, saw its container and logistics business EBIT margin fall from 25.3% in 1H 2023 to 18.9% in the equivalent period this...
SeaRoad fears Devonport crowding
THE DIFFICULTY of safely manoeuvring ships into and out of SeaRoad Shipping’s East Devonport No.2 berth once TT Line’s larger Spirit of Tasmania IV and V are temporarily using...
NPDL locks in SoPac service changes
NEPTUNE Pacific Direct Line has formalised recent fine-tuning of its connections between NZ and two South Pacific nations with a goal of improved operational efficiencies, better...
NPDL warns of Samoa disruption
NEPTUNE PACIFIC Direct Line will alter its regular schedule to the Samoan port of Apia in October as it attempts to accommodate additional cargo demand and a week-long port...
Senate to hold TFES inquiry
THE ISLAND state's shippers and government have applauded the Senate’s Tuesday passing of a motion to hold an inquiry into the Tasmanian Freight Equalisation Scheme. The motion,...
Zim brimming with good results
ZIM PRESIDENT & CEO Eli Glickman has hailed “outstanding strategic execution” when handing down the carrier’s 2Q and 1H 2024 results which saw a strong reversal of equivalent...
Minister acts on acts review
THE MINISTER for Infrastructure, Transport, Regional Development and Local Government, Catherine King, has appointed Ms Lynelle Briggs and Prof Nicholas Gaskell to co-chair the...
HMM enjoys bumper 2Q, 1H
Joining the throng of Asian carriers reporting strong financials, HMM saw revenue increase 18.6% to KRW 4,993 billion (USD 3.06 billion) in 1H 2024 from KRW 4,212 billion in 1H...
Evergreen hitting highs in year so far
EVERGREEN MARINE Corporation has recorded a doubling and tripling of some key metrics in the first half and second quarter of 2024. The Taiwanese carrier boasted 1H (to 30 June)...
Yang Ming sings in second quarter, first half
YANG MING Marine Transport Corporation has joined Evergreen in declaring very healthy financial results for 2024 so far, due to strong demand and increased freight rates. The...
TT Line chairman removed
LONG-SERVING TT Line board chairman Mike Grainger has been forced out by the Tasmanian Government after a dramatic day of claim and counter-claim over problems with the Spirit of...
Tas govt takes charge of Spirit berth project
TASMANIAN premier Jeremy Rockliff has lost patience with shortcomings and delays in readying infrastructure for TT Line’s new Bass Strait ro-paxes and drafted additional...
Fewer notifications but rise still coming
DESPITE Drewry’s World Container Index showing a more substantial drop of 3% last week, compared to previous recent falls of 1%, carriers are continuing to demonstrate optimism...
Global box trades still rising
GLOBAL container trade fell slightly in June this year compared to May but was nevertheless 7.1% higher than June 2023. London-based Container Trade Statistics reported – with the...
