Foreign ministers call for ‘free and open’ Indo-Pacific
AUSTRALIA has renewed its commitment to a free and open Indo-Pacific at the Quad foreign ministers meeting in India. Foreign minister Penny Wong, along with her counterparts from...
Maersk to launch express China service
IN AN already crowded market Maersk Line will introduce a speedy, limited rotation China-Australia service in late July, just in time for traditional peak import season. The...
China rates back on the march in June
MEAN spot rates between China and Australia have now risen a cumulative 68% since the middle of March, according to the latest SCFI for Shanghai-Sydney. The level rose another 9%...
Trade minister to spruik Aussie goods in East Asia
TRADE minister Don Farrell says he will highlight the value of Australian export goods during meetings this week in Japan and China. Senator Farrell is travelling to East Asia as...
India focus with AAL Mumbai
AAL Shipping (AAL) has marked what it says is another significant milestone in its newbuilding program with the official naming ceremony of its latest Super B‑Class vessel, AAL...
China rates climb slows
FREIGHT rates on Australia’s premier trade route from China have slowed their recent rapid rise but are continuing to climb just the same. The SCFI (mean spot rate) for...
PIL 2025: Profit down but margins highest
SINGAPORE’s Pacific International Line saw net profit fall around 22% in FY2025 but nevertheless enjoyed a strong year — and analysts note it still leads the main containership...
“K” Line reports mixed 2025
KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments. The...
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Strait of Hormuz remains concern for Australian fertiliser importers
THE Strait of Hormuz remains a key concern for global nitrogen markets with reports about 20 fully loaded urea vessels destined for Australia remain stranded in the Persian Gulf,...
Boost for meat exports to Indonesia
THE approval of five additional export beef establishments to supply the Indonesia market represents “another big win for Australia’s red meat industry”, federal agriculture...
Thai concession extension a boost for DP World
A CONCESSION extension at Laem Chabang Port, Thailand, ensures continuity and service stability for customers, DP World Asia Pacific chief executive and managing director Glen...
Down, down: Cosco halves quarterly profit, ONE in 92% FY crash
THE BAD news continues to ship out from container lines with the global number four reporting a weak Q1 2026 and the number six disclosing a giant drop in full-year profits. COSCO...
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ICTSI lifts and lifts
INTERNATIONAL Container Terminal Services, Inc, parent of Melbourne’s Victoria International Container Terminal, has turned in a stellar first quarter with recurring net income up...
AAL adds to industry credentials
AAL SHIPPING has obtained ISO 27001 certification, the internationally recognised standard for information security management systems. The company says the new certification...
PIL on the green in two
PACIFIC International Lines (PIL) is moving to enhance its green credentials with two initiatives, one with PSA International and one with ABS (American Bureau of Shipping). PIL...
