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...
World Container Index - 24 April 2025
DREWRY’S World Container Index has decreased by 2% to US$2,157 per 40-foot container for the week ending 24th April. The Drewry WCI composite index decreased 2% to US$2157 per...
Swire bunkers with biofuel blends
SWIRE Shipping has switched to B24 and B30 second-generation biofuels to bunker three of its ships engaged in two different regional trades. Swire says the voluntary move supports...
FMC hits ZIM with fine over D&D charges
AUSTRALIAN shippers will be closely watching further decisions from the Federal Maritime Commission after a judge upheld complaints by Samsung Electronics America over...
Report released on YM Mobility explosion
THE China Maritime Safety Administration (CMSA) has released a report on its findings into the explosion and fire which occurred onboard box ship YM Mobility. The incident...
Australasian 2024 container trade grew 8.7%
AUSTRALASIAN container trades hit 7,114,800 TEU in 2024, according to London-based Container Trade Statistics’ provisional figures. This compares to 6,544,500 TEU in 2023 and...
Westport secures Infrastructure WA approval
A TICK of approval from Infrastructure WA for Westport’s business case says building the new container port south of Perth as quickly as possible could save the state $244 billion...
NSW Ports planning Port Botany quayline equalisation
NSW PORTS is in the planning stages for a Quayline Equalisation Project at Port Botany, which would provide equivalent quayline length for each container stevedore company...
ATSB releases interim report on Fremantle allision
THE AUSTRALIAN Transport Safety Bureau (ATSB) has released an interim report into its investigation on the allision between container ship Maersk Shekou and STS Leeuwin II in...
