First quarter mighty for Maersk
A.P. MOLLER-Maersk has lobbed a strong first quarter result, reporting revenue growth of 7.8% to USD 13.3 billion with EBIT increasing to USD 1.3 billion from USD 177 million a...
Swire announces ban on donkey skin shipping
SINGAPORE liner company Swire Shipping has announced a ban on the carriage of donkey skins, a policy said to be based on ethical and environmental grounds. The policy was...
DP World opens first Singapore warehouse
DP WORLD has announced the opening of its first ever logistics asset in Singapore, bringing its total warehousing capacity in the Asia Pacifici region to over 800,000 square...
Little impact from Patrick shareholder shuffle
PATRICK half-owner Qube Holdings is not expecting changes to eventuate from co-investor Brookfield’s establishment of a new ownership consortium for the Canadian infrastructure...
ITC’s MIT receives first RMGs
INTERMODAL Terminal Company has taken delivery of its first four rail-mounted gantries for the Melbourne Intermodal Terminal at Somerton, in the city’s north. ITC, which is...
ICTSI reports first quarter growth surge
PHILIPPINE logistics giant, ICTSI, has reported consolidated volumes of 3,471,913 TEU equivalent across its terminal in the first quarter of 2025, a 12 percent jump from the same...
DP World to open Port of Melbourne container park
PORT operator DP World is reportedly set to open a new container park facility in the Port of Melbourne this month. An announcement from the Container Transport Alliance Australia...
Maersk begins rollout of OneWireless platform across fleet
A.P. MØLLER – Mærsk A/S (Maersk) has announced it has begun the roll-out of its new digital connectivity platform, OneWireless, across its fleet. Described by the shipping giant...
Blank sailings as lines try to hold rate shrinkage
AN INCREASING number of blank sailings are creeping into China-Australia schedules – if that’s not a contradiction in terms – as carriers attempt to keep a floor under rates as...
2024 financial year a strong one for Ocean Network Express
JAPAN’s Ocean Network Express has completed its 2024 financial year (April 2024- March 2025) in fine form but as with many contemporaries is very cautious about the year ahead....
Hapag's bumper Q1 but lower expectations
HAPAG-LLOYD is expecting a lower result in 2025 despite the first quarter producing significantly better returns year-on-year. The German carrier racked up a 17% increase in Group...
World Container Index - 1 May 2025
DREWRY’S World Container Index has decreased by 3% to US$2091 per 40-foot container this week, 80% below the previous pandemic peak of US$10,377 in September 2021. However, the...
VICT orders hybrid straddle carriers
VICTORIA International Container Terminal has placed an order with global port equipment specialist Kalmar for four hybrid automated straddle carriers, each with a 60-ton twin...
CMA CGM welcomes Indian-flagged CMA CGM Vitoria
CMA CGM has become the first major foreign carrier to register a container ship under the Indian Flag. The shipping line welcomed the arrival of CMA CGM Vitoria at Nhava Sheva...
PIL names new dual fuel vessel Kota Oasis
ACHIEVING a cleaner and greener shipping sector is behind the name of the new LNG dual-fuel box ship from Pacific International Lines, Kota Oasis. The 8200TEU ship was officially...
