Japanese trade backed by cultural exchange
SOUTHERN Ports and the City of Bunbury in south west Western Australia are shoring up the port’s more than 2.3 million tonnes of trade with Japan over the past 12 months with a...
Has peak season peaked?
CHINA-Australia spot rates have fallen back again this week, according to the latest Shanghai Containerised Freight Index, despite forthcoming Golden Week voyage blankings. Levels...
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Agribusiness trade highlighted in Vic China report
INCREASED support will be provided to Victorian agribusiness exporters keen to leverage the lucrative China market, the state government says. The government has just released its...
Qatar Airways and Cainiao do an e-commerce deal
QATAR Airways Cargo and Cainiao have launched an expanded strategic partnership to boost cross-border e-commerce delivery. This project is said to significantly strengthen the...
CMA CGM decides against USTR surcharges
CMA CGM has decided that, for now, it will absorb fees to be applied by the Trump administration on operators of Chinese-built ships. Earlier this year the US Trade Representative...
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PIL launches new Korea China Indonesia Service
PACIFIC International Lines says it is expanding its footprint in East Asia and Indonesia with the launch of a weekly Korea-China-Indonesia (KCI) service, with direct connections...
Japan boasts ammonia engine breakthrough
MANUFACTURER Japan Engine Corporation (J-ENG) is claiming the first fully-functional full-scale commercial engine running on ammonia. Image: Japan Engine Corporation The...
COSCO cites “outstanding” first half performance
IN THE face of a highly uncertain external environment COSCO SHIPPING Holdings achieved an outstanding operational performance, resilient growth and retention of a sound financial...
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...
