World Container Index – 5 March 2026
DREWRY'S World Container Index increased 3% to $1,958 per 40ft container due to an increase in rates on the Transpacific trade routes. Source: Drewry World Container Index Spot...
China-Australia rates rebound as carriers seek new increases
FREIGHT rates have bounced back on the key China-Australia trade route with the Week 10 mean sitting at USD1,420/FEU, up from the USD1,376/FEU that prevailed in Weeks 9 and 8....
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OPINION: The illusion of oversupply
FOR most of this year, container shipping was bracing for the opposite problem.. too much capacity. New ships hitting the water, pressure on rates, and a long-awaited return to...
Westport seeks business to help shape commercial services
WESTERN Australia’s planned new container port Westport is advertising for businesses looking to shape commercial activities at the port. Westport's Program Management and...
World Container Index – 26 February 2026
THE DREWRY World Container Index (WCI) fell 1% to $1,899 per 40ft container for the seventh consecutive week due to a decrease in rates on the Transpacific and Asia–Europe trade...
New number ONE announced
JEREMY Nixon, the man who engineered and led the consolidation of the three major Japanese shipowners’ container businesses into Ocean Network Express, will step down as CEO on 1...
Down down, freight rates are down
CARRIERS are resorting to almost meaningless inbound rate restoration attempts in a move watchers say means the situation has reached an “any little bit helps” situation....
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OPINION: The landside cost shift - a practical view from the supply chain
THE CURRENT debate around port productivity and container terminal performance is important. But productivity is only one part of the equation. For cargo owners, particularly...
World Container Index – 19 February 2026
THE DREWRY World Container Index (WCI) fell 1% to $1,919 per 40ft container for the sixth consecutive week due to a drop in rates on the Transpacific and Asia–Europe trade routes....
Shippers pursue landside cost answers
A NEW shipper body has been formed to probe the capability of existing legislation to address “persistent market failure” in container port landside charging. The Australian...
Hapag seals ZIM deal
AS FORESHADOWED yesterday Hapag-Lloyd has signed an agreement to acquire 100% of the shares in ZIM Integrated Shipping Services, but the carriers will remain competitors until the...
HMM stays profitable despite slippage
THE EIGHTH-largest global container line, South Korea’s HMM, kept its head above water in 2025 even while registering significant falls in key metrics. HMM managed an operating...
Police seize drug load in Port Botany shipping container
THE AUSTRALIAN Federal Police (AFP) says it seized more than 40kg of methamphetamine concealed inside a forklift counterweight at Port Botany last week. Police officers descended...
Hapag-Lloyd breaks cover on ZIM buy
IN WHAT is being acclaimed as a clever navigation of a difficult situation Hapag-Lloyd has announced it is in advanced negotiations for a potential acquisition of Zim Integrated...
World Container Index – 12 February 2026
THE DREWRY World Container Index (WCI) fell for the fifth consecutive week, down 1% to $1,933 per 40ft container primarily due to a drop in rates on the Transpacific and...
