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...
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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