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...
Consortium upgrades A3N service
THE PARTNERS in the A3 consortium, ANL, COSCO Shipping and OOCL, will add a seventh ship to the A3N loop in July, upsize the existing fleet and include Ningbo in the port...
GRI flurry continues as June rates soften
RATE rise notifications are piling up in Asia-Australia trades, just as market sources report an unexpected softening of rates for June shipments. Last week there were confident...
World Container Index - 29 May 2025
DREWRY’s World Container Index has seen a jump of 10%, landing at US$2,508 per 40-foot container this week of 29 May. Drewry’s WCI has increased by 21% in the last 3 weeks, as...
MSC again extends Noumea Shuttle
MEDITERRANEAN Shipping Company has enhanced its Noumea Shuttle service, adding and shuffling New Zealand leg calls. “As part of MSC’s optimisation of the Oceania network, we are...
Fewer large losses reported in safety and shipping review
A TREND towards fewer shipping losses continued during 2024, the latest Safety and Shipping Review has revealed. Prepared by insurers Allianz Commercial, the review noted that...
Box ship MSC Elsa 3 sinks off the coast of India
A LIBERIAN-flagged boxship has sunk off the Indian province of Kerala, with authorities fearing possible environmental impact. Local media is reporting that the captain and crew...
World Container Index - 22 May 2025
DREWRY’S World Container Index has seen another increase, rising by 2% to US$2276 per 40-foot container this week. The Drewry WCI composite index increased 2% to US$2276 per...
