OOCL unloads huge third quarter
ORIENT Overseas International Limited, parent of OOCL, has revealed a healthy third quarter 2026 result, easily eclipsing the equivalent quarter last year, and for the first three...
Maersk is launching a No Shipping Instruction, No Load policy
A PAUSE in rates fluctuations in Asia-Australia trades suggests some kind of equilibrium has been reached between supply and demand. The SCFI mean for spot rates from Shanghai to...
India emerges as key Aussie cotton market, shippers say
INDIA emerged as Australia’s largest cotton export destination during the month of August, a new report shows. According to the latest market report from the Australian Cotton...
People are the power base of the shipping business
AS THE world’s largest maritime market, Asia offers an extraordinary range of maritime capabilities and specialities. It is home to the world’s leading shipbuilding nations, some...
Is the rates horse back in the stable?
FREIGHT rates from Asia to Australia have taken a pause this week, but only fools and horses would believe the stable door has been re-bolted. The Shanghai Containerized Freight...
Evergreen ship forced back to Asia
IN A BLOW to peak-season shipments the 7024 TEU Evergreen Marine containership Ever Smart is returning to Asia after making it all the way to waters off Queensland on its...
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DHL Express and Singapore Airlines extend freighter partnership
FREIGHT giant DHL Express and Singapore Airlines have announced an extension of their Boeing 777 freighter partnership. Under the renewed agreement, SIA pilots are to continue to...
New deputy to succeed Kastrup as PIL chief
THE BOARD of Pacific International Lines has appointed Wan Chee Foong as Deputy CEO, with the intention he succeed Lars Kastrup as CEO in April 2027. Under the succession process...
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PIL expands intra-Asia offering
SINGAPORE’s Pacific International Lines is linking China, Indonesia and Malaysia with two new services as it expands its intra-Asia coverage. PIL says it is enhancing connectivity...
Global marine insurance premiums rise, IUMI says
GLOBAL marine insurance premium income rose by 5.5% in 2025 to USD 42.6 billion, according to new market analysis from the International Union of Marine Insurance (IUMI). The...
Minister Catherine King to talk supply chains in China
SECURING regional supply chains will be high on the agenda when infrastructure and transport minister Catherine King visits China this week. Ms King is travelling to attend the...
AAL gets more miles to the gallon
SINGAPORE-headquartered AAL Shipping has reported a 19% improvement in its fleet-wide Energy Efficiency Operational Indicator (EEOI) since 2023. The heavylift, project and...
Sky’s the limit for sea rates
CHINA-Australia rates are continuing their flight to new heights while those from South East Asia are repeating their week-on, week-off pattern — but still rising. The mean SCFI...
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Cathay announces key management appointments in Oceania
CATHAY has confirmed Aldric Chau as regional general manager for Southeast Asia and Oceania, while Richard Jones will take on the role of area head for Oceania, as the carrier...
OOCL remembers Tung Chee-hwa
OOCL released the following statement after the passing of former OOIL chairman Tung Chee-hwa. Mr. Tung Chee-hwa, former Chairman of OOIL and the first Chief Executive of the Hong...
