News
ZIM zips along in first quarter
ISRAELI carrier Zim Integrated Shipping Services has leapt ahead of rivals in reporting outstanding results for Q1 2025. Consolidated results for the three months ended 31 March...
Mid-June flood of GRI's
ON THE eve of traditional peak imports season lines in trades between all parts of Asia and Australia are hitting shippers with general rate increases of up to USD 300/TEU, while...
Napier Port reports strong performance in first half 2025
NAPIER Port has today (21 May) released its financial results for the first half of 2025, reporting strong earnings amid improved trading conditions. As the freight gateway for...
PIL quadrupled profit in 2024
SINGAPORE’s Pacific International Lines enjoyed a massive rebound in FY 2024, according to results revealed late last week. The company achieved a net profit after tax of USD...
DP World Australia to reconfigure West Swanson Terminal truck-in gates
THE CONTAINER Transport Alliance Australia (CTAA) has revealed DP World Australia is planning to reconfigure the truck in-gates to its West Swanson Terminal (WST) in Melbourne....
CMA CGM pleased with ‘solid’ Q1
CMA CGM delivered robust first quarter results, despite an unstable geopolitical climate and an uncertain market environment since the start of the 2025 year. Revenue stood at USD...
Blockbuster Q1 for HMM
SOUTH Korea’s HMM saw total revenue in Q1 2025 grow by 23% to KRW 2,855 billion (USD 2,051 billion) from KRW 2,330 billion in Q1 2024. At the same time net profit improved to 52%...
Denmark to launch “world first” remote pilotage
DANPILOT, the state-owned pilot service of Denmark, has announced it is initiating a test program for remote pilotage alongside Danelec, a maritime data collection and analytics...
World Container Index - 15 May 2025
DREWRY’S World Container Index increased by 8% to US$2233 per 40-foot container this week, 78% below the previous pandemic peak of US$10,377 in September 2021. However, Drewry...
NPDL to welcome new vessel Neptune Matua
NEPTUNE Pacific will introduce a new acquisition to its NZPAC service early next month, continuing a five-year, USD 150 million investment by the line to modernize its South...
Hapag-Lloyd reports strong 2025 first quarter
GERMANY’s Hapag-Lloyd, the world’s fifth largest container line, has enjoyed a strong first quarter, boosting the Group to an EBITDA of USD 1.1 billion (EUR 1.0 billion). In the...
OneStop announces Sydney and Melbourne expansion
SUPPLY chain optimisation solutions provider, OneStop, has announced the upcoming implementation of its OneStop Modal product at the DP World Australia facilities in Sydney and...
March uptick for local container volumes
IMPORT and export volumes for Australasia and Oceania both rose in March, according to the latest figures from London-based Container Trade Statistics. March imports reached their...
Mixed quarter for Taiwanese carriers
TAIWAN’s Evergreen and Yang Ming, respectively the world’s seventh and tenth largest container carriers, sailed different courses during the first quarter of 2025, according to...
World Container Index - 8 May 2025
DREWRY'S World Container Index decreased 1% to US$2076 per 40-foot container this week of 8th May, 80% below the previous pandemic peak of US$10,377 in September 2021. Drewry’s...
