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...
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...
