China-Australia rates hit 24-week high
TRENDS continue to diverge in container freight rates as the Drewry World Container Index maintains its downward spiral while those on Australia’s premier trade lane continue to...
Freight message to be highlighted at Australia-ASEAN forum
A BUSINESS forum in Adelaide this week can help build trade connections between Australia and Southeast Asia. That’s the view of Adrian Teaha, chair of the South Australian...
OOCL booms in first half
HONG Kong-headquartered Orient Overseas International Holdings has reported a strong first half for 2025, driven by significant gains for OOCL, and says the Group financial...
Evergreen joins 2Q sliders
TAIWAN’s Evergreen Marine Corporation has joined compatriot Asian lines in reporting a much weaker second quarter in 2025, compared to the same period in 2024 and the prior...
Delivery of the Grande Tianjin celebrated
CELEBRATIONS have taken place in Shanghai for the official naming of the Grimaldi Group’s vessel Grande Tianjin. The event was a milestone not only for Grimaldi but also...
1 September for next rate push
ASIA-Australia trades are again the main focus of the latest round of rate restorations, most of which are scheduled for 1 September. Carriers appear intent on consolidating...
Sad Q2 for HMM and Yang Ming
SOUTH Korea’s HMM and Taiwan’s Yang Ming Line have managed to stay in profit in the first half of 2025 but dire second quarters have dragged results down substantially. HMM saw 2Q...
DHL Express and Cathay Group sign sustainable fuel deal
DHL Express and the Cathay Group have struck a sustainable aviation fuel (SAF) agreement aimed at reinforcing a shared commitment to cutting greenhouse gas emissions in the air...
Swire counters ANL’s APR2 with upgraded NAX
SWIRE Shipping has responded promptly to ANL’s introduction of the APR2 service between China, PNG and northern Australia by upgrading its own NAX offering to weekly, effective 22...
Japan and Korea added to stink bug risk countries
NORTH Asian nations Japan and Korea have been added to the list of “emerging risk” countries for the dreaded brown marmorated stink bug. The Department of Agriculture, Fisheries...
Rates plodding along
WITH Drewry’s World Container Index continuing to reverse last week, albeit at a slower rate, Asia-Australia carriers will be celebrating the contrary, gentle recovery of...
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Team bullish in a bearish market
LOGISTICS giant Team Global Express (TGE), has announced financial results for the 2025 financial year, referring to “a solid performance” in a tough market. Highlights were...
ANL launches new Asia-Australia service
ANL will next month launch a brand new service connecting North Asia, Papua New Guinea and Queensland. Dubbed APR 2, the fortnightly service will utilise 3 x 1,700 TEU vessels...
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Asian markets present new grain opportunities
SPEAKERS at the Australian Grains Industry Conference have highlighted market opportunities in China, India and Southeast Asia. Daily Cargo News recently reported about a...
Spirit of Tasmania I detained in Singapore
TT Line’s ro-pax Spirit of Tasmania I has been detained post-drydock in Singapore, delaying its return to Bass Strait service. The vessel left Geelong on 6 July for bi-annual...
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