News


Sharp 3Q drop for HMM

1 min read
SOUTH Korea’s HMM has joined other Asian container lines in reporting a horrible third quarter in 2025 and offering a gloomy outlook for the rest of the year. Late last week the...
Sharp 3Q drop for HMM

ANL/CMA CGM further expands Pacific network

2 mins read
THE CMA CGM Group, including Oceania specialist ANL has today [17 November] opened a new agency in America Samoa, just a few weeks after setting up in Samoa. The Group says the...
ANL/CMA CGM further expands Pacific network

World Container Index – 13 November 2025

1 min read
DREWRY'S World Container Index decreased 5% this week to $1,859 per 40ft container, marking the first weekly decrease after four weeks of continuous increases.. Source: Drewry...
World Container Index – 13 November 2025

Cops put the heat on drug smugglers

2 mins read
THE AUSTRALIAN Border Force and the Australian Federal Police say they are making headway preventing the importation of illicit drugs into Australia. The ABF has reported...
Cops put the heat on drug smugglers

LETTER TO DCN: Newcastle box port “stuck in the slow lane”

1 min read
LIBERAL shadow minister for the Hunter, Scott Farlow, told state Parliament recently that Newcastle’s proposed $2.4 billion container terminal was being held up by the Minns...
LETTER TO DCN: Newcastle box port “stuck in the slow lane”

China-Australia rates holding up, for now

4 mins read
WITH Drewry’s World Container Index turning down this week after several consecutive upgrades, average spot rates on the premier China-Australia route jumped another 8% for Week...
China-Australia rates holding up, for now

Hapag’s Q3 dire but three quarters good

3 mins read
HAPAG-Lloyd has declared strong growth and solid results for the first nine months of 2025 but rather glossed over a sad Q3. Group EBITDA was USD 2.8 billion (EUR 2.5...
Hapag’s Q3 dire but three quarters good

COSCO Shipping joins 3Q revenue slump

2 mins read
COSCO Shipping Holdings, which includes COSCO Shipping Lines and OOCL, has reported a ‘resilient’ third quarter with regard to liftings but seen a sharp drop in profits...
COSCO Shipping joins 3Q revenue slump

NQBP weighs containerisation at Port of Mackay

2 mins read
NORTH Queensland Bulk Ports may be defying the organisation’s title in the future as it weighs installing container facilities at the Port of Mackay, among other enhancements....
NQBP weighs containerisation at Port of Mackay

Maersk parades “strong” Q3

2 mins read
A.P. MOLLER-Maersk has reported “sequential growth” across the business in Q3 2025 with strong financial results leading to a lift in full-year profit guidance. EBITDA at USD 2.7...
Maersk parades “strong” Q3

Lyttelton seek understanding over industrial action

2 mins read
LYTTELTON Port Company (LPC) has sought to re-assure customers it is doing its best to work around disruptions at its container terminal, where implementation of new stevedore...
Lyttelton seek understanding over industrial action

World Container Index – 6 November 2025

1 min read
DREWRY'S World Container Index increased for a fourth consecutive week, up 8% to $1,959 per 40ft container. This follows a prolonged decline over 17 consecutive weeks. Source:...
World Container Index – 6 November 2025

Maersk reviews Lyttelton calls

2 mins read
MAERSK Line is examining current and future calls at the Lyttelton Container Terminal as the port anticipates industrial action that could last through until February. Lyttelton...
Maersk reviews Lyttelton calls

2Q FY25 a bad one for ONE

2 mins read
SECOND quarter FY 2025 has proven rather disastrous for Ocean Network Express, with the carrier eking out profit of just US$285 million on revenue of US$4,455 million,...
2Q FY25 a bad one for ONE

Bridge comms failure contributes to Fremantle prang

4 mins read
THE DRAMATIC collision between the 8,400 TEU Maersk Shekou and the sail training ship Leeuwin II in Fremantle’s Inner Harbour in August 2024 resulted from poor bridge...
Bridge comms failure contributes to Fremantle prang