Optimising ocean currents to create a cleaner shipping sector
A ‘GOOGLE Maps for the sea’ is the description of a new algorithm aimed at improving shipping’s environmental performance. The algorithm seeks to allow the shipping industry to...
World Container Index - 19 June 2025
DREWRY's World Container Index decreased 7% to $3,279 per 40ft container this week. For the first time in over a month, Drewry's WCI fell 7% this week, following six weeks of...
X-Press Feeders and COSCO sign partnership and leasing agreement
CARRIER company X-Press Feeders Group and COSCO Shipping Lines have signed two agreements aimed at expanding network coverage and strengthening mainline-feeder coordination. The...
CIG calls for further cargo fires research
THE CARGO Integrity Group, comprising seven industry peak bodies, has initiated a new focus on circumstances that create or magnify the risk of fires in certain freight,...
US China tariff war about to hit Australian containers
STAND by for a shortage of containers around Australia. Freight forwarder EES Shipping’s managing director, Brian Hack says we can expect to see reduced vessel space availability...
PoM completes West Swanson first stage rehab
PORT of Melbourne (PoM)and its contractors have completed Stage One of the Swanson Dock West Remediation Project and returned Berth 1 to full use by tenant DP World. In launching...
World Container Index - 12 June 2025
DREWRY's World Container Index remained stable at $3,543 per 40ft container this week. Drewry said the index has increased 59% in the last 4 weeks, as United States President...
April decline for box volumes
AUSTRALASIA and Oceania container liftings fell back in April 2025, for both imports and exports compared to the previous month, following a fairly normal seasonal pattern. The...
Freight panel backs port diversification at Newcastle and Kembla
A PAPER prepared by the Freight Reform Advisory Panel has backed trade diversification at Newcastle and Port Kembla, as mineral trades decline. The paper was prepared by Kerry...
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Containership joins Morning Midas as major casualty
WITH the Zodiac PCTC Morning Midas reported still burning out of control in the northern Pacific a Wan Hai container ship has suffered a massive cargo explosion in waters...
Scathing report on Shiling failures
A DETAILED report into a “virtually unseaworthy” container ship that twice broke down in NZ waters has led to three pointed recommendations, including changes to national law to...
PIL launches new LNG dual-fuelled box ship in Singapore
SUSTAINABILITY and efficiency are key themes of Pacific International Lines’ latest 8200TEU dual-fuel container ship the Kota Ocean, launched with some fanfare at the PSA Terminal...
World Container Index - 5 June 2025
DREWRY’S World Container Index increased 41% to US$3527 per 40-foot container this week ending 5 June. Drewry said the index has increased 70% in the last 4 weeks, as United...
Port of Brisbane unveils Vision 2060
STRENGTHENING the Queensland economy, future-proofing trade and supporting the transition to a more sustainable and efficient port are key aims of Vision 2060, a plan or roadmap...
Andrew Forrest rail against LNG
ANDREW Forrest has hit out at the use of LNG as an intermediate fuel source for the maritime industry at the Nor-Shipping Conference in Oslo, Norway. Speaking on Tuesday, Mr...
