World Container Index - 10 July 2025
DREWRY's World Container Index decreased 5% to $2,672 per 40ft container this week. Drewry's WCI Index fell for the fourth consecutive week, by 5% this week. This decline is a...
Swire opens Nagoya office, shows ‘confidence’ in Japan market
SWIRE Shipping’s move to open an office in Nagoya reaffirms confidence in the Japanese market, regional general manager Chris Robertson says. The office opening occurred this week...
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Industry veteran steps down
PIL Australia general manager and director Michael Horsburgh has retired after 32 years in the shipping industry. According to a LinkedIn post Mr Horsburgh started with Pacific...
New Darwin port container yard builds capacity
A NEW container yard at Darwin Port’s East Arm, opened at the end of June, has seen daily truck slot availability jump by 33% and daily container delivery rates increase by 35%. A...
Flinders container pact follows Qube and Patrick MUA deals
THE MARITIME Union of Australia (MUA) has followed up deals with Qube Ports and Patrick Terminals with a new in-principal enterprise agreement with the Flinders Adelaide Container...
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Line rush to raise rates in July and August
WITH Trans-Pac volumes and rates predictably falling as various Trump tariff deadlines come, go and are re-imposed carriers are likely returning attention to lesser trades,...
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ACFS looks for shipping line collaboration after St Mary’s deal
ACFS Port Logistics is looking for expansion opportunities after securing its future at St Mary’s intermodal in Sydney’s west. ACFS has signed a twenty-year lease with Cadence...
MSC panders to Victorian reefer shippers
MEDITERRANEAN Shipping Company is changing the East Coast rotation of its China-Australia Panda service to speed up export transits from Melbourne. In a customer advisory MSC said...
World Container Index - 3 July 2025
DREWRY's World Container Index decreased 5.7% to $2,812 per 40ft container this week. Drewry's WCI Index fell for the third consecutive week, by 5.7% this week. This decline is a...
Union takes aim at DP World cranes
AS DP World pursues a global strategy of end-to-end logistics integration, its plans to install ship-to-shore cranes at the Port of Fremantle are drawing flack from the Maritime...
Container losses rise as ship owners avoid the Red Sea
CONFLICT in the Middle East was a contributing factor in an increase in container losses in 2024, the World Shipping Council says. Some 576 containers were lost at sea last year...
Strong winds, heavy rain impact Sydney logistics operations
SHIPPING and logistics sector is battening down the hatches for wild weather today and tomorrow. Heavy rain has been falling since Monday night and the Bureau of Meteorology has...
ZIM quits New Zealand for the third time
ISRAELI carrier ZIM and its Hong Kong subsidiary Gold Star Line will withdraw from the Tasman for the third time in two decades and shut down their New Zealand operation. In a...
World Container Index - 26 June 2025
DREWRY's World Container Index decreased 9% to $2,983 per 40ft container this week. For the second consecutive week, Drewry's World Container Index fell 9% this week, following...
N&EA, SEA rates push continues
THE FIRST of July is the next trigger date for leading carriers to push rate rises in the Asia-Australia trades and there are more to come mid-month. The Shanghai-Sydney SCFI has...
