News


New Zealand coastal service to launch in December

2 mins read
A NEW Zealand newcomer has announced the inauguration of a fortnightly coastal container/ bulk/ breakbulk service in December this year with two locally-crewed vessels on...
New Zealand coastal service to launch in December

World Container Index – 10 September 2026

1 min read
THE DREWRY World Container Index (WCI), remained stable fore the second consecutive week, finishing at $4,476 per 40ft container. Source: Drewry World Container Index On the...
World Container Index – 10 September 2026

OOCL remembers Tung Chee-hwa

2 mins read
OOCL released the following statement after the passing of former OOIL chairman Tung Chee-hwa. Mr. Tung Chee-hwa, former Chairman of OOIL and the first Chief Executive of the Hong...
OOCL remembers Tung Chee-hwa

Vale CH Tung: “saviour of OOCL”

2 mins read
TUNG Chee-Hwa, from 1982 chairman and CEO of the Tung group and first Chief Executive of Hong Kong (1997-2005), died on 8 September at age 89 after a long illness. The elder son...
Vale CH Tung: “saviour of OOCL”

Ten years on: What Hanjin taught the industry about crisis

5 mins read
TEN years ago, I was working carrier-side in Melbourne when the reports started coming in. Ships holding position outside ports rather than coming in. Not because of weather, not...
Ten years on: What Hanjin taught the industry about crisis

TS Lines up good first half

4 mins read
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,...
TS Lines up good first half

World Container Index – 3 September 2026

2 mins read
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...
World Container Index – 3 September 2026

Bouncing rates reflect Asian delays

4 mins read
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...
Bouncing rates reflect Asian delays

MSC splits loop in new Oceania revision

2 mins read
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...
MSC splits loop in new Oceania revision

Evergreen expands eBL capabilities through Bolero’s Galileo platform

2 mins read
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...
Evergreen expands eBL capabilities through Bolero’s Galileo platform

COSCO 1H: revenues up, profits down

4 mins read
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...
COSCO 1H: revenues up, profits down

OOCL 1H: Profits down, revenues up

3 mins read
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...
OOCL 1H: Profits down, revenues up

World Container Index – 27 August 2026

1 min read
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...
World Container Index – 27 August 2026

Disruption to Tasman, SoPac services

2 mins read
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...
Disruption to Tasman, SoPac services

China rates becalmed, South East Asia rising again

4 mins read
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...
China rates becalmed, South East Asia rising again