LNG power debuts in Aust container trades
ANL Container Line is celebrating another step in the journey to net carbon zero by 2050 with the arrival in Melbourne this morning [18 March] of the 8048 TEU newbuilding CMA CGM...
Cruise passenger charged over drug import plot
A CRUISE passenger has been charged after authorities found about 10 kilograms of cocaine hidden in the cabin of a ship visiting Sydney. Australian Border Force officers allegedly...
Happy 58th birthday PIL
PACIFIC International Lines (PIL), turns 58 today, according to a post on Linkedin. The shipping line was officially incorporated in Singapore on 16 March 1967 and according to...
Green Pioneer in London to push green fuels
FORTESCUE’S Green Pioneer has arrived in London as part of a push to fast-track international shipping’s transition to green fuels. The arrival of the world’s first dual-fueled...
Evergreen reports 58% jump in profit
TAIWANESE liner operator, Evergreen, has reported a jump in revenue of 68% year on year turning over TW$463 billion in 2024. Net profit, at TW$139.45 billion, was up 58% compared...
US attacks heighten Red Sea tensions
TENSIONS in the Red Sea are on the rise again with the US launching airstrikes against Houthi military sites in Yemen as a Houthi spokesperson threatened to escalate attacks on...
Record revenue for DP World
DP WORLD has reported a record $20 billion revenue and record EBITDA of $5.5 billion for 2024. In a release announcing the new records, the UAE-based company said revenue had...
World Container Index - 13 March 2025
DREWRY'S World Container Index decreased 7% to $2,368 per 40ft container this week The Drewry WCI composite index decreased 7% to $2,368 per 40ft container, The index is now 77%...
Baltic Exchange Weekly Report - 14 March 2025
THE BALTIC Dry Index has risen once again during the week, ending at 1650 on Friday 14th March. The Baltic Dry Index for the week ending Friday 14th March 2025. Source: Baltic...
DP World: ‘ACCC decision not final’
DP WORLD plans to continue its bid to acquire Silk Logistics in spite of concerns expressed by the ACCC yesterday. In a media statement issued on 14 March DP World acknowledged...
Apex Voyager stuck in Brisbane
THE PORT of Brisbane is back to normal operation and the Brisbane River was reopened on 14 March to commercial traffic in the wake of ex-cyclone Alfred. The bulk carrier Apex...
OPINION: Analysing the MV Solong and MV Stena Immaculate incident
NOW that a few days have passed since the tragic collision in the North Sea between the 'M/V Solong' and the tanker 'M/V Stena Immaculate,' I wanted to take a moment to share my...
Minister: LNG vital but decommissioning is not a government job
FEDERAL resources minister Madeleine King has hit back at concerns raised in speeches at the Energy Exchange Australia conference in Perth about the future of LNG. She told the...
Strong result encourages Yang Ming deployment plans
WITH THE container shipping industry capacity growing by around 3 million TEUs, it according to Yang Ming Marine Transport Corporation. The corporation, in its 2024 financial...
OOCL warns of challenges to container industry
ORIENT Overseas (International) (OOCL), one of the world’s biggest integrated container transport businesses has warned of challenges to the industry in its annual report. While...
