World Container Index – 3 April 2025
DREWRY'S World Container Index increased 2% to USUS$2208 per 40ft container this week, 79% below the previous pandemic peak of US$10,377 in September 2021. Source: Drewry World...
Rates merry-go-round continues
WITH Drewry's World Container Index taking a modest U-turn this week, spot rates between China and Australia have continued their modest recovery, encouraging carriers to attempt...
New seasonal omissions for PAD/NASP service
PARTNERS CMA CGM and Marfret are to begin seasonal port omissions on the weekly PAD/NASP service linking ANZ, East Coast North America, Europe and the South Pacific as they battle...
Fremantle container throughput plummets in February
CONTAINER throughput in February at Fremantle Ports was at its lowest in a number of years, according to the latest trade statistics from Fremantle Ports. In February, a total of...
Townsville trade drops in February
CONTAINER throughput at the Port of Townsville for February was down on January’s numbers, according to the latest available trade statistics from the port. Through the month, a...
New EU customs, Med ECA regs kick in
SIGNIFICANT changes affecting shippers to/from Europe come into effect today and next month, carriers are reminding customers. Hapag-Lloyd says that as previously communicated in...
World Container Index – 27 March 2025
DREWRY'S World Container Index decreased 4% to $2,168 per 40ft container for the week of 27 March. Source: Drewry World Container Index This is 79% below the previous pandemic...
PSA International, DNV and PIL sign decarbonisation MoU
PSA INTERNATIONAL, DNV Singapore, and Pacific International Lines have announced the signing of a Memorandum of Understanding in order to collaborate on decarbonisation...
CMA CGM and ABB see parametric roll algorithm collaboration
GLOBAL technology group ABB has announced it is collaborating with CMA CGM on a new parametric roll algorithm intended to improve ship safety. The solution integrates a...
COSCO Shipping reports strong 2024 results
COSCO Shipping Holdings enjoyed a stellar year in 2024, with volume, revenue and profit all jumping sharply over 2023. In 2024, the revenue from the Group’s container shipping...
Hapag happy, despite some slippage
HAPAG-Lloyd reported a slight increase in Group operating result for 2024 but at USD 2.6 billion (EUR 2.4 billion), the Group profit was below that of the prior year, particularly...
World Container Index - 20 March 2025
DREWRY'S World Container Index decreased 4% to $2,264 per 40ft container this week. Source: Drewry World Container Index The Drewry WCI composite index decreased 4% to $2,264 per...
China-Australia spot rates recover
FREIGHT rates on the China-Australia route reversed direction this week, after steadily falling since the last week of January. The Shanghai Containerised Freight Index for spot...
Melbourne 2024 container volumes highest ever recorded
THE PORT of Melbourne has recorded the highest container trade volumes ever recorded in any Australian port. In 2024, the port saw a total of 3.396 million twenty-equivalent units...
LNG power debuts in Aust container trades
ANL Container Line is celebrating another step in the journey to net carbon zero by 2050 with the arrival in Melbourne this morning [18 March] of the 8048 TEU newbuilding CMA CGM...
