News
PIL begins small ship fleet renewal
SINGAPORE’s Pacific International Lines (PIL) has placed orders for seven methanol-ready geared container ships of 1,400 TEU as it adds replacement feeder and small-port vessels...
Fruits and rocks features of Queensland - China trade
THE Queensland government has launched a China Trade and Investment Strategy 2026 – 2028 document, highlighting export opportunities in such areas as minerals and fruit. The...
COSCO Q3 profit leap highest in two years
COSCO SHIPPING Holdings (CSH) has reported “remarkable profit growth” for Q3 2026 despite the container shipping market encountering various challenges, including geopolitical...
DHL appoints new APAC COO
CONTRACT logistics provider DHL Supply Chain has announced the appointment of Guillaume Burette as its chief operating officer (COO) for the Asia Pacific. The appointment took...
Sorghum export highlights Townsville ag opportunities
A BULK shipment of sorghum to China shows momentum is building towards creating an agricultural export hub at Townsville, government and port figures say. About 27,000 tonnes of...
Rates: China falling, South East Asia easing upwards
“SUSPICIOUSLY quiet” is the way one forwarder has described the current freight rate situation from Asia to Australia. “Ships are assuredly full, and there’s still a lot of...
Q2 a big ONE as profits soar
OCEAN Network Express (ONE) has had an outstanding second quarter of its 2026 financial year (April–March) with a huge profit rise boosting its first-half figures and leading to a...
Wallenius Wilhelmsen shapes up for more
FOLLOWING its successful USD 300 million private capital raising earlier this month, Wallenius Wilhelmsen has confirmed orders for four more of its 9,900 CEU Shaper class PCTCs...
Japanese PCTC owners get on the gas
WHILE the focus on ammonia as a replacement marine fuel has been on bulk trades in Australia, specifically from the Pilbara, seven Japanese companies have established a joint...
ACCC reviews Japanese majors merger
THE ACCC has launched a brief assessment of the NYK Group’s plan to acquire sole control of compatriot NS United Kaiun Kaisha, a proposed deal announced in early August. NS United...
Shanghai and Melbourne push green shipping corridor
AN IMPLEMENTATION plan for a Green Shipping Corridor has been announced by the ports of Shanghai and Melbourne, backed by non-government organisation C40 Cities. The move is part...
Market recovery helps Pacific Basin’s Q3
PROMINENT Oceania dry bulk operator Pacific Basin Shipping has reported solid performance in an improving market in the third quarter of 2026 amidst high freight rates and...
Rates wallow in trough of uncertainty
IT’S BEEN an interesting week in the Asia-Australia trades, in the proverbial Chinese sense of ‘we live in interesting times’. The Week 41 SCFI for Shanghai-Sydney (mean spot...
DP World appoints new head for Asia Pacific
DP WORLD has announced the appointment of Jason Varsamidis as chief executive officer and managing director of its Asia Pacific region, effective immediately. Mr Varsamidis will...
Services return to Suez, security concerns remain, report says
MORE shipping lines are resuming service through the Suez Canal instead of diverting ships all the way around Africa’s Cape of Good Hope, US logistics company C H Robinson...
