DALI INCIDENT: US indicts vessel operators ahead of trial
LEGAL proceedings surrounding the containership Dali and Baltimore’s Francis Scott Key Bridge collapse have escalated significantly ahead of the civil trial scheduled to begin on...
China rates climb slows
FREIGHT rates on Australia’s premier trade route from China have slowed their recent rapid rise but are continuing to climb just the same. The SCFI (mean spot rate) for...
PIL 2025: Profit down but margins highest
SINGAPORE’s Pacific International Line saw net profit fall around 22% in FY2025 but nevertheless enjoyed a strong year — and analysts note it still leads the main containership...
Maersk Q1: Volumes up, rates down
AP MOLLER-Maersk has boasted a strong first quarter, at least as far as demand went, but lower freight rates saw a notable though industry-consistent drop in profits. Against a...
“K” Line reports mixed 2025
KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments. The...
%20K%20Line%20outboundMelbourne30052019%20-%20Dale%20Crisp.png)
SAL adds member, FTA adds executive
GREENSTREAM, a Sydney-based recruitment and talent advisory firm dedicated exclusively to the maritime, shipping, and marine sectors, has become the latest corporate associate...
Report highlights equipment failures in global fleet
A REPORT detailing “critical and recurring equipment failure points” within ships across the world has been released by the International Association of Classification Societies...
World Container Index – 7 May 2026
The DREWRY World Container Index (WCI) increased 3% to $2,286 per 40ft container after three consecutive weekly declines, driven by higher freight rates on Transpacific and...
Down, down: Cosco halves quarterly profit, ONE in 92% FY crash
THE BAD news continues to ship out from container lines with the global number four reporting a weak Q1 2026 and the number six disclosing a giant drop in full-year profits. COSCO...
%20COSCO%20SD%20outboundMelbourne21022026=26pkf3764=Dale%20E%20Crisp.png)
ICTSI lifts and lifts
INTERNATIONAL Container Terminal Services, Inc, parent of Melbourne’s Victoria International Container Terminal, has turned in a stellar first quarter with recurring net income up...
MSC lines up new rail options
MEDITERRANEAN Shipping Company is riding the rails via a new inland network assembled during the last six months. The carrier claims it can deliver a faster, simpler, and more...
ANALYSIS: The obligation carriers cannot ignore under Part X
THE COMPETITIVE exemptions available under Part X of the Competition and Consumer Act 2010 (Cth) are not granted unconditionally. In exchange for the right to coordinate pricing...
World Container Index – 30 April 2026
THE DREWRY World Container Index (WCI) declined for the third consecutive week, easing 1% to $2,216 per 40ft container, due to softer rates on Asia–Europe, Transpacific and...
Boxboat under tow back to Melbourne
THE 4,308 TEU container ship MSC Acapulco IV is due to arrive back in Port Philip this afternoon, after suffering engine problems off Cape Otway during a scheduled voyage from...
Federal government commits to new WA container port
THE FEDERAL government has signed off on the development of Western Australia’s new Westport container terminal with a combined state and federal commitment of $1.1 billion to the...
