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...
Containerline VASI Shipping collapses
A CONTAINER LINE that briefly dabbled in Australian trades during the COVID years has gone bankrupt, owing creditors US$19 million. VASI Shipping, founded in Singapore in 2012,...
World Container Index – 10 April 2025
DREWRY'S World Container Index increased by 3% to US$2265 per 40ft container this week ending 10 April. Source: Drewry World Container Index The Drewry WCI composite index rose 3%...
Patrick and MUA seal enterprise agreement deal
PATRICK Terminals has announced it has secured a “historic” roll-over agreement with the Maritime Union of Australia (MUA), which will see Patrick’s Enterprise Agreement extended...
My Therese Blank leaves Maersk
SHIPPING leader My Therese Blank has left her position as Head of Oceania Market at Maersk Line, sending shockwaves through the local industry. With news filtering out in the last...
LNG-powered CMA CGM Baalbeck arrives in Fremantle
THE FIRST LNG-powered container ship to visit Australia has arrived in Fremantle. The CMA CGM Baalbeck arrived in Fremantle on April 6 from Adelaide before heading to Port Klang....
No dedicated lookouts on collision vessels
THE INTERIM report of the UK’s Marine Accident Investigation Branch into the 10 March collision between containership Solong and tanker Stena Immaculate has revealed neither...
Construction to begin on sail-powered container ship
CONSTRUCTION is set to begin on a “world’s first” open-hatch sail-powered container ship developed by French company Windcoop. The company confirmed that, following four years of...
