Asian Bulk Logistics: Engage the latest part of a "grand plan"
AT THE end of July Jakarta’s PT Asian Bulk Logistics completed the acquisition of a majority shareholding in the Engage Marine Group, first foreshadowed by Daily Cargo News on 27...
Vale CH Tung: “saviour of OOCL”
TUNG Chee-Hwa, from 1982 chairman and CEO of the Tung group and first Chief Executive of Hong Kong (1997-2005), died on 8 September at age 89 after a long illness. The elder son...
Swire merges businesses
SWIRE Shipping is to fully integrate Swire Projects into the parent company as of November this year and acquire outright four of its six chartered heavylift MPPs while extended...
TS Lines up good first half
HONG Kong-based, Taiwan-owned TS Lines has managed a first half boost to revenues and profits despite actually carrying fewer containers. For the six months ended 30 June 2026,...
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Bouncing rates reflect Asian delays
ONCE again it’s the South East Asia trade that’s drawing attention this week with another flip-flop in rates. According to Xeneta the mean rate from South East Asian main ports to...
COSCO 1H: revenues up, profits down
COSCO Shipping Holdings “sustained its industry-leading financial performance” in the first half of 2026, after a strong turnaround in the second quarter. In the first half of...
OOCL 1H: Profits down, revenues up
IN LOCKSTEP with parent COSCO Shipping Holdings, Orient Overseas International Ltd (OOIL) has seen first half profits eroded by additional costs but recorded new highs in revenue...
Book examines Hormuz crisis and impact for shipping
IMPLICATIONS for shipping from the Strait of Hormuz crisis are examined in a new book written by Australian maritime lawyer (and regular DCN contributor) Alison Cusack. The book,...
OPINION: The border is not the problem. The gap behind it is.
THERE is a moment in every trade digitalisation working group that I have come to recognise. Someone presents a framework. Someone else presents a system. A third person presents...
China rates becalmed, South East Asia rising again
RATES from South East Asia to Australia hit a new high this week while those from China spent a second week at a virtual standstill. Xeneta reports the mean rate for shipments...
Diversification focus of trade delegation to Indonesia
TRADE diversification is to be the focus of Australian agricultural sector figures when their delegation arrives in Indonesia this week. National Farmers’ Federation’s (NFF) Su...
DP World expands across South-East Asia with new warehouse in Malaysia
DP WORLD has announced the opening of an 11,514-square-metre warehouse in Johor, Malaysia, as it expands its contract logistics network across Southeast Asia. The facility is the...
Authorities snuff out international tobacco smuggling ring
AUSTRALIAN and Chinese customs authorities have seized more than 60 million cigarettes and 60 kilograms of loose-leaf tobacco after dismantling an international smuggling network...
Mixed results for Asian container lines
LEADING Asian carriers have mostly recorded dire first-half results but are hoping the second quarter recovery trend has put them on track for strong full-year results. Evergreen...
Navia and TCI International formalise joint venture
TWO of the Sino-Australian and Sino-American freight market's most established independent operators have formalised a decade-long partnership, launching TCI Navia; a joint...
