News
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,...
World Container Index – 3 September 2026
THE DREWRY World Container Index (WCI), remained stable at $4,465 per 40ft container, as the increase in Transpacific trade routes was offset by a decrease in the Asia–Europe...
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...
MSC splits loop in new Oceania revision
MEDITERRANEAN Shipping Company is putting more emphasis on trans-Tasman connections by establishing a Northern Loop to complement the May-introduced Southern Loop. The latest...
Evergreen expands eBL capabilities through Bolero’s Galileo platform
EVERGREEN Line has expanded its long‑running electronic Bills of Lading (eBL) partnership with Bolero, making Evergreen eBLs available through Bolero’s Galileo platform and...
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...
World Container Index – 27 August 2026
THE DREWRY World Container Index (WCI), decreased 1% to $4,473 per 40ft container, driven by lower rates on the Transpacific and Asia–Europe trade routes. Source: Drewry World...
Disruption to Tasman, SoPac services
AUSTRALASIAN near-seas services have been hit by unplanned disruptions at an inconvenient time for shipping lines and their customers. ANL has been obliged to withdraw the ANZ...
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...
World Container Index – 20 August 2026
THE DREWRY World Container Index (WCI), increased 4% to $4,526 per 40ft container, driven by higher rates on the Transpacific trade route. Source: Drewry World Container Index...
NSW Ports achieves record on-dock port rail movement of containerised goods
A RECORD 504,000 TEUs was moved by rail directly through Port Botany’s container stevedore terminals, achieving a 19% rail mode share in financial year 2026, and becoming the...
ZIM zooms in second quarter
ZIM Integrated Shipping Services almost tripled net income in the second quarter of 2026, helped by a strong presence in the healthy trans-Pacific trade and rising freight rates....
Walden goes Worldwide
FORMER ANL managing director Shane Walden has joined wholesale forwarder AGS World Transport as chief executive officer, effective today [18 August]. At the same time Terry...
Container boost for Lyttelton
FRESH from rejecting an investment and management proposal from a DP World-led local consortium, Lyttelton Port Company has announced a NZ$821 million investment in...
