Another somersault for South-East Asia rates
A ZERO % increase last week – and a 18% increase this week! That’s the crazy world of South-East Asia-Australia rates currently, and as one source commented: “I don’t know WTF is...
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New home port for Holyman
SEVERAL of the industry’s movers and shakers are on the move, so it’s time to update your contact lists! Veteran of Toll, Kalmar, ANL (multiple roles over two stints), Brambles...
ONE’s first quarter prompts upward revision
JAPAN-owned, Singapore-based Ocean Network Express (ONE) has tripled its full-year profit expectations after seeing a strong turnaround in the first quarter of its financial year....
FedEx announces China – Sydney service
GLOBAL freight giant FedEx Express has announced the introduction of a non-stop service between its Asia-Pacific hub in Guangzhou, China, and Sydney, seeking to strengthen market...
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Seas calm as rates settle
FREIGHT rate indices in the Asia-Australia trades hit a flat-spot this week, in news which will be welcomed by shippers but may be making lines nervous on the eve of traditional...
NYK moves to consolidate bulk interests
JAPAN’S NYK Line has moved to bulk up its coal, iron ore and heavy commodity trades by launching a tender for common shares in compatriot NS United Kaiun, in which it already...
Trade focus of Australia/Singapore joint protocol
AUSTRALIA and Singapore have signed a new protocol on economic resilience and essential supplies under the Singapore-Australia Free Trade Agreement. The protocol is expected to...
Fertiliser alert as MidEast ructions again block shipments
THE AUSTRALIAN Fertiliser Corporation has urged buyers to remain cautious about fertiliser availability, despite Australia having secured sufficient urea supplies to carry through...
China congestion hitting SoPac transhipments
NEPTUNE Pacific has alerted customers to likely delivery delays for Chinese cargo as mainline vessels obliged to skip orts due to severe weather and congestion will miss local...
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INSIGHT: Strategic and legal status of Bab el-Mandeb
RECENT reports that Iran has requested Houthis forces to close the Bab el-Mandeb Strait have once again exposed the fragile security architecture governing critical international...
South East Asia now making the rates running
IN A reversal of recent trends observers are finding “inexplicable” container freight rates between South East Asia main ports and the same in Australia have jumped substantially...
Sheep meat exporters seek Indian opportunities
ACCELERATING development of India’s market for lamb is the aim of a $250,000 grant provided to Meat and Livestock Australia (MLA). The MLA grant comes via the Commonwealth...
OPINION: Strait of Hormuz blockades, cargo fees and impact upon supply chains
THE US plans to seize the Strait of Hormuz and reimpose a blockade on ships entering and departing Iranian ports. It also plans to impose a 20% fee for all cargo shipped through...
Fugro to see the Sunrise
DUTCH Geo-data specialist Fugro has won a contract to undertake a survey for the Greater Sunrise and Bayu Undan pipeline project in Timor-Leste. The survey program will support...
ZIM/GSL resumes China PCC service
WITH official figures showing June was the fifth consecutive month of record electric vehicle sales in Australia, car carrier tonnage continues to flood into the supply chain from...
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